This versatile mixed-use bank-owned parcel in prestigious Aragon Subdivision in Downtown Pensacola features a manicured grass lawn, sidewalk, site lighting and streetfront parking with all utilities in place. Zoning by the City of Pensacola is Gateway Redevelopment District I (GRD-I); the plat / master plan designates the site as Property Type I, or mixed-use townhome development allowing commercial use downstairs and residential use upstairs. A variety of commercial, residential and multi-family uses may be allowable, including live-work scenarios. Association membership is mandatory. Area attractions include Pensacola Bay Center, Admiral Mason Park, Community Maritime Park, as well as, area beaches, museums, area arts & cultural activities.