1602-1608 Walnut St - Restaurant FOR SALE


Jacksonville, FL 32206- Springfield | 
$1,195,000 USD
904-328-2245
1602-1608 Walnut St, Jacksonville, FL for Sale
$1,195,000 USD
Restaurant - FOR SALE
1/75
null | Request Cap Rate

NEW


1602-1608 Walnut St
Jacksonville, FL 32206
Springfield


OVERVIEW

Five-parcel commercial assemblage in the heart of Historic Springfield, offering a rare opportunity to acquire a full storefront block in one transaction. The property includes a restaurant space that was built out as a full-service restaurant, with kitchen and dining infrastructure already in place; the space is currently vacant, and a new owner will bring its own requirements and may elect to adapt the existing buildout accordingly. A completed Phase I and Phase II Environmental Site Assessment on file found no adverse environmental impact, a meaningful advantage for a buyer pursuing financing, historic tax credits, or adaptive reuse. The property sits in FEMA Flood Zone X, outside the minimal-hazard floodplain. Zoned CN-S, Commercial Neighborhood – Springfield. Sold as is. Located in the Historic Springfield neighborhood, walkable to downtown Jacksonville, with easy access to the urban core's ongoing revitalization. Five contiguous parcels sold together, ±0.165 acres Existing full-service restaurant buildout, kitchen and dining infrastructure in place Phase I and Phase II environmental due diligence complete, no adverse impact found FEMA Flood Zone X, minimal flood hazard Zoned CN-S, Commercial Neighborhood – Springfield Located in the Historic Springfield district, near downtown Jacksonville Sold as is

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

CN-S

APN/PARCEL ID

072304-0100,072304-0110,072304-0120,072304-0130

ASK ABOUT THIS PROPERTY

Thomas LoveBelle EpoqueMore Info
904-328-2245

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Thomas LoveBelle EpoqueMore Info
904-328-2245

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