911 S 8th St - Loft/Creative Space FOR SALE


Fernandina Beach, FL 32034
$1,199,000 USD
904-556-9140
911 S 8th St, Fernandina Beach, FL for Sale
$1,199,000 USD
Loft/Creative Space - FOR SALE
1/23
null | 7.4% Cap Rate

911 S 8th St
Fernandina Beach, FL 32034


HIGHLIGHTS

  • Multi Tenant Commercial Building on High Traffic 8th Street
  • Plenty of parking in the front and the rear, and two access points, from 8th and 7th Street
  • Solid return and steady cash flow and 7.4% cap rate
  • Located less than a mile from Fernandina's popular Historic Downtown District

OVERVIEW

Rare Investment Opportunity with Excellent Cash Flow on Amelia Island. This multi-tenant 4,238 SF commercial office building offers convenient office space from a single-person office to multiple-office suites. There are 15 separate offices, two shared conference rooms, a kitchen, a reception area, and three bathrooms. Plenty of parking in the front and the rear, and two access points, from 8th and 7th Street. The Property is less than a mile from Fernandina's popular Historic Downtown District and is located on the highly traveled 8th Street Corridor. The property has Mixed Use Zoning (MU-8), allowing for a variety of uses, and the current professional office use. 7.4% rate of return. Looking for a solid return and steady cash flow, then look no further!

FOR SALE DETAILS

PRICE

$1,199,000 USD

PRICE/SF

$263 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

MU-8

APN/PARCEL ID

00-00-31-1800-0166-0260,00-00-31-1800-0295-0050

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.