118 E Wright St

Pensacola, FL 32501
$989,900
1508 sqft | 2 beds | 2 baths | 0.02 acres | #655293
For Sale

Description

Are you ready to own a piece of Pensacola history? Take a look at this breathtaking two story commercial building located in the heart of Downtown, just one block from Palafox St. Thought to have been built in 1940, it has been discovered that the building was actually constructed in 1890, making it the oldest remaining building on the block. Not just here-say, the owners were able to locate the original abstract of title, handwritten on parchment paper, which includes over 100 documents relating to the construction and sale of the property. Also found were: old photographs of the building, blueprints, and dozens of newspaper articles and ads documenting the buildings long and rich history as a saloon, grocery store, boarding house, pharmacy, jewelry shop, diner, and much more. Did we mention it is historically registered? The property is currently being utilized as a two unit AirBNB. However, being zoned Downtown Retail Commercial (C-2A), the possibilities for the use of the building are endless. Make it a business, single family home, or keep it multi-family. Inside, the building features fully exposed brick walls throughout. Unit A, located on the ground floor,offers a wide open space with 14 foot ceilings. Stunning kitchen with reverse osmosis water system and featuring a more than 100 year old butcher block counter, which was removed from a butchers shop and imported from Belgium. Bathroom features a remarkable copper clawfoot tub, and massive walk-in closet. Unit B, located upstairs, showcases original and beautifully distressed 1890’s hardwood floors. These floors can be seen in some of the old photos. Custom shutters on the windows, electronic blinds, and new kitchen. In the bathroom you will find an original advertisement billboard, which was uncovered behind old panel walls and found partially intact. Owners restored the missing portion of the advertisement. Walk-in shower, closet space, and washer/dryer hookup.
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  • Interior Details
    • Interior Features
      • Interior:Storage, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, High Ceilings, High Speed Internet, Recessed Lig
    • Beds & Baths
      • Bedrooms:2
      • Bathrooms:2
      • Full Baths:2
  • Property Details
    • Property
      • Lot description:Central Access, Historic District
    • Measurements
      • Acres:0.0166
      • Square Feet:1508
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1890
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Community
      • Subdivision:East King Tract
    • Location
      • Elementary School:Global Learning Academy
      • Middle School:Workman
      • High School:Pensacola
      • County:Escambia
  • Financial Details
    • Pricing Details
      • Original List Price:$989, 900
  • Other
    • Source
      • MLS #:655293

Location

Legal

Copyright© 2022 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: . Source: PAR (FL)

Listing Courtesy
Listing Agent: Jennifer Amberg
Listing Office: Palm Island Realty Group, LLC

Central Bay Realty and Property ManagementReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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Selling & Buying

About

Contact

    Account

    • Roy F Furst

      Licensed Real Estate Broker

      Central Bay Realty

      Phone: (850) 257-5016

      Email: centralbayrealestate@gmail.com
      © 2024 Central Bay Realty & Property Management. All rights reserved.
      Website built by CloseHack.

      Copyright© 2022 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.