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Property Description

Ideally positioned just west of Pensacola's central business district and located near Bayou Chico — a marine hub with boat yards, marinas, and yacht maintenance facilities — this well-maintained metal commercial building offers 6,000 square feet of versatile space purpose-built for manufacturing, assembly, or light industrial use, with immediate proximity to downtown amenities and major corridors."

The interior strikes a practical balance between function and comfort. A finished reception and off-ice area welcomes clients and staff, supported by two restrooms, while the remainder of the building opens into a largely unobstructed, partially clear-span production floor — ready to accommodate a wide range of operational layouts. Exposed structural steel from two previous expansions speaks to the building's growth history and adaptability.

A standout feature for marine and specialty trades is the existing raised plywood floor system over slab, complete with multiple assembly pits — originally designed for new sail construction and sailboat rigging repair. This infrastructure represents significant value for any business requiring below-grade access or precision ground-level assembly work.

Recent capital improvements reduce near-term ownership costs and add peace of mind. A new roof with vinyl-backed insulation was installed in March 2021, and the building is fully climate-controlled by two heat pumps, the most recent replaced in September 2021. Energy-efficient LED lighting serves the entire facility.

The property sits on a prominent 0.53-acre corner lot with 155 feet of frontage on South L Street and 150 feet along Zaragoza Street — offering excellent visibility, accessibility, and signage potential. Main electrical service is 200-amp.

Market Analytics — Downtown Pensacola & Escambia County

Why This Market, Why Now

Pensacola is in the midst of one of its most active economic expansions in recent memory, making this an opportune moment to establish or expand a commercial footprint near the urban core.

Overview

Property Status
For Sale
Lot Size
23,261 Sq.Ft.
MLS ID
45131345
Property Type
Commercial
Space Type
Retail
Year Built
1979

Features & Amenities

Neighborhood
Pensacola
Sales Price
$875,000

Downloads

Aerial view of a commercial warehouse with a boat parked on the lawn beside it.

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I would love to help you see this beautiful home! As a full-service real estate agent, I can assist you with a tour. Please submit an offer, and I will be happy to answer any questions you have about the buying process.

Thank you

for your interest in 490 South Lane Street, Pensacola, FL 32502

490 S L St
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Aerial view of downtown Pensacola, with a waterfront baseball stadium and bay.

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