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25 - 29 S 3rd Street, Fernandina Beach, FL

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25 - 29 S 3rd Street

Fernandina Beach, FL 32034-4206 - Nassau County Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1919
Building Size:4,620 SF Land Area:.23 AC (10,019 SF)
For Sale Price:$995,000 Price/SF:$215.37
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 8.16/1,000 SF

Sale Notes:
Investment opportunity in the heart of downtown Fernandina Beach, Florida. This property consists of a small office building, a renowned restaurant and 2 more commercial lots for additional development. Stable rental history in a very desirable commercial core area of the historic district with potential for upside for investors. Priced at a 6 CAP on current earnings without additional land considered. Seller is flexible on terms like partial trade, owner finance or other so call today. Other future uses include B and B, retail, office or small inn.
2 blocks off Centre Street in Historic Downtown Fernandina Beach Florida

Amelia Coastal Realty
Phil Griffin
(904) 261-2770 x1

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