218 Ash St - Freestanding FOR SALE


Fernandina Beach, FL 32034
$1,275,000 USD
706-306-5821
218 Ash St, Fernandina Beach, FL for Sale
$1,275,000 USD
Freestanding - FOR SALE
1/93
null | Request Cap Rate

218 Ash St
Fernandina Beach, FL 32034


HIGHLIGHTS

  • Historic Downtown Commercial Investment
  • C-3 Zoning
  • Multi-Tenant Income Potential

OVERVIEW

Historic Downtown Commercial Investment • C-3 Zoning • Multi-Tenant Income Potential Historic two-story commercial property located in the downtown Fernandina Beach historic district offering strong income potential and leasing flexibility. The 3,342 sq ft building sits on a 100×50 corner lot with C-3 zoning allowing restaurant, office, retail, and service uses. The main level operates as an established restaurant and features a newly extended patio and courtyard seating area. The main building also includes a newly installed roof. The second floor offers three office suites with a shared bathroom that may be leased individually or combined for a single tenant. An additional downstairs side suite includes two rooms, a bathroom, and rear storage designed for a single tenant space. Positioned in the heart of downtown commercial activity, this property offers multiple revenue streams and strong upside as remaining spaces are leased, with projected returns indicating an above-average cap rate once fully occupied.

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$335 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

C-3

APN/PARCEL ID

00-00-31-1800-0270-0270

ASK ABOUT THIS PROPERTY

James SchafferSummer House RealtyMore Info
706-306-5821

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James SchafferSummer House RealtyMore Info
706-306-5821

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