1123-1131 3rd St N - Storefront Retail/Office FOR SALE


Jacksonville Beach, FL 32250
$1,600,000 USD
904-616-2303
1123-1131 3rd St N, Jacksonville Beach, FL for Sale
$1,600,000 USD
Storefront Retail/Office - FOR SALE
1/8
null | 8% Cap Rate

1123-1131 3rd St N
Jacksonville Beach, FL 32250


HIGHLIGHTS

  • Located on the east side of 3rd Street North, a heavily trafficked coastal corridor in Jacksonville Beach.
  • Flexible JC-1 zoning accommodates medical office or neighborhood-scale retail uses.
  • 4,405-square-foot building offered with in-place income and immediate value-add potential.
  • Prominent pylon signage and dual access points enhance street visibility and accessibility.
  • 23 on-site parking spaces provide a competitive advantage in the beach market.
  • Long-established location near major retail, dining, and beach amenities with strong year-round demand.

OVERVIEW

Prime location in Jacksonville Beach- located on the East side ( ocean side) of heavily trafficked 3rd St. Easy access with 2 points of entry! A trophy asset that needs some attention with various property updates and marketing of the vacant space. Sellers have owned for 31 years and are ready for new ownership. Currently has 23 parking spots and a sign pole for the tenants with great visibility. One of the tenants requires very little parking as it caters seafood boils. They occupy 1,000 s.f. at $30 per s.f. on a gross lease. Lease expires 8/28 with 3% annual increases. The other tenant is a chiropractor who occupies 1,400 s.f. at $28 per s.f. on a gross lease. Lease expires 4/30 with 3% annual increases.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$363 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

JC-1

APN/PARCEL ID

174571-0000

ASK ABOUT THIS PROPERTY

David LaneKeller Williams Realty Atlantic Partners SouthsideMore Info
904-616-2303

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David LaneKeller Williams Realty Atlantic Partners SouthsideMore Info
904-616-2303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.