300 W Adams St - Office FOR SALE


Jacksonville, FL 32202- Northbank
$5,000,000 USD
904-404-4455
300 W Adams St, Jacksonville, FL for Sale
$5,000,000 USD
Office - FOR SALE
1/27
null | Request Cap Rate

NEW


300 W Adams St
Jacksonville, FL 32202
Northbank


HIGHLIGHTS

  • Ideal Urban Core Location Nearby Transformative Developments
  • Historic Property with Unique Architecture and Design
  • Potential Redevelopment Opportunity & On-Site Amenities
  • Vast Downtown Development Pipeline
  • Fast Growing Major Metro In Florida With No State Income Tax

OVERVIEW

The Property is a six-story, 34,781 square foot building featuring distinctive historic architecture, 73 on-site surface parking spaces, and a ground-floor event space, a combination that is rare in this submarket and creates a meaningful competitive leasing advantage. It recently underwent $750,000+ in capital improvements including full bathroom remodels on each floor, and electrical and plumbing upgrades. At 42.86% occupancy, the Property offers immediate lease-up upside with its smaller suite sizes well-suited to the law firm and professional office tenants. The opportunity is compelling across multiple buyer profiles: a law firm or professional office user seeking a headquarters, an owner-user looking to occupy and generate income, or a value-add investor pursuing repositioning or future development of the surface parking lot, all against the backdrop of $6.5 billion in active downtown Jacksonville development.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$144 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

73

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

CCBD, Jacksonville

APN/PARCEL ID

073793-0000

ASK ABOUT THIS PROPERTY

904-404-4455

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904-404-4455

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