516 Ash St - Freestanding FOR SALE


Fernandina Beach, FL 32034
$2,300,000 USD
904-556-9140
516 Ash St, Fernandina Beach, FL for Sale
$2,300,000 USD
Freestanding - FOR SALE
1/55
null | Request Cap Rate

516 Ash St
Fernandina Beach, FL 32034


HIGHLIGHTS

  • ~ 9,000 SF located in the core of Fernandina's Historic District at the corner of 6th and Ash St.
  • C-3 Zoning allowing for both commercial and residential uses
  • Includes 2 properties with two residential apartments and 6,700 SF of commercial space
  • Imagine the opportunities: a restaurant w/ a rooftop bar, boutique hotel, grocery store, gym, recreation facility, continue w/ retail, etc

OVERVIEW

Opportunity Knocks at this historic building boasting ~ 9,000 SF located in the core of Fernandina's Historic District at the corner of 6th and Ash St. Built in 1876, with arched windows & brick corbeling, the property was originally the home of the Askins Super Market & for the past 40+ yrs, it has been home to Amelia Island Paint & Hardware. The two-story masonry building has ~6,700 SF & includes retail, office, & warehouse space w/ a roll-up door. The 2nd story has a 1,125 SF rental w/ kitchenette, 2 baths, etc. The main roof was replaced in the last 8 yrs and new roof on the 2nd story apartment, which has been remodeled. There is a separate building in the rear (107 S 6th St), totaling 1,044 SF which includes a remodeled 2 bed/ 1 bath apartment & a separate commercial rental on the 1st floor. C-3 Zoning allows for residential & commercial uses. Imagine the opportunities: a restaurant w/ a rooftop bar, boutique hotel, grocery store, gym, recreation facility, continue w/ retail, professional office, hair salon, spa, daycare, etc.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1876

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

C-3

APN/PARCEL ID

00-00-31-1800-0028-0140

ASK ABOUT THIS PROPERTY

Phil GriffinAmelia Coastal RealtyMore Info
904-556-9140

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

Phil GriffinAmelia Coastal RealtyMore Info
904-556-9140

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