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1st Floor Ste
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Retail
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3,800 SF
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$35.00 USD/SF/YR
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This property presents a rare opportunity to lease a highly functional, multi-level commercial space in the heart of Downtown Pensacola. Long occupied by Jeweler’s Trade Shop since 1980, the location benefits from strong recognition and visibility on one of Palafox Street’s most active blocks. As Jeweler’s Trade Shop moves into its new building on Garden Street, this space becomes available for the next concept to capitalize on its proven downtown location.
The layout features a large front showroom with strong street presence, creating an exceptional environment for retail, showroom, or customer-facing uses. Existing display cases and a secure, bank-style vault remain in place, offering flexible infrastructure adaptable to diverse operational needs. Behind the showroom, the property offers a secondary entrance next to Jefferson Street parking garage, additional office areas, workspace, kitchenette, and two restrooms.
A curved staircase leads to the second level, which includes additional work areas, a private office, and a large open space, complemented by rear alley access for convenience. With approximately 5,526 SF across two levels, the space can accommodate retail, home goods, gallery, wellness, or boutique food and beverage operators seeking a flagship presence in Downtown Pensacola.
Available in Q4 2026, tenants will benefit from Palafox Street’s $10M streetscape improvement project and ongoing downtown residential and hospitality growth, including new luxury apartments and multiple hotel developments. Jewelry retail uses will not be permitted. All showings must be arranged through the listing broker, and the current tenant must not be disturbed.
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Date available: Oct 2026
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Lease term: Negotiable
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Service type: Triple Net
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Built out as: Standard Retail
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Space Type: Relet
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In Contiguous block: 5,526 SF
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2nd Floor Ste
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Retail
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1,726 SF
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$35.00 USD/SF/YR
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This property presents a rare opportunity to lease a highly functional, multi-level commercial space in the heart of Downtown Pensacola. Long occupied by Jeweler’s Trade Shop since 1980, the location benefits from strong recognition and visibility on one of Palafox Street’s most active blocks. As Jeweler’s Trade Shop moves into its new building on Garden Street, this space becomes available for the next concept to capitalize on its proven downtown location.
The layout features a large front showroom with strong street presence, creating an exceptional environment for retail, showroom, or customer-facing uses. Existing display cases and a secure, bank-style vault remain in place, offering flexible infrastructure adaptable to diverse operational needs. Behind the showroom, the property offers a secondary entrance next to Jefferson Street parking garage, additional office areas, workspace, kitchenette, and two restrooms.
A curved staircase leads to the second level, which includes additional work areas, a private office, and a large open space, complemented by rear alley access for convenience. With approximately 5,526 SF across two levels, the space can accommodate retail, home goods, gallery, wellness, or boutique food and beverage operators seeking a flagship presence in Downtown Pensacola.
Available in Q4 2026, tenants will benefit from Palafox Street’s $10M streetscape improvement project and ongoing downtown residential and hospitality growth, including new luxury apartments and multiple hotel developments. Jewelry retail uses will not be permitted. All showings must be arranged through the listing broker, and the current tenant must not be disturbed.
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Date available: Oct 2026
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Lease term: Negotiable
-
Service type: Triple Net
-
Built out as: Standard Retail
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Space Type: Relet
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In Contiguous block: 5,526 SF
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