118 Wright St, Pensacola, FL 32501

$1,049,000
2
BD
2
BA
1,508
SqFt
List Price
$1,049,000
Price Change
▼ $900 1718228639
MLS#
645988
Type
Condo
Year Built
1890
City
Pensacola
Subdivision
East King Tract
Bedrooms
2
Bathrooms
2
Living Area
1,508
Days on Market
23
Status
ACTIVE

Property 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.

Additional Information

Style
Traditional
High School
Pensacola
Lot Description
Central Access
Interior Features
Baseboards, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, High Ceilings, Recessed Lighting, Walk-In Closet(s)
Cooling
Multi Units, Wall/Window Unit(s), Ceiling Fan(s)
Heating
Multi Units, Wall/Window Unit(s)
Roof
See Remarks
Pool Description
None
Parking
On Street

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Palm Island Realty Group, LLC.