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22 S 8th St
Fernandina Beach, FL 32034

Price Upon Request

Freestanding For Sale  •  16,114 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 16,114 SF
  • Lot Size 0.9 AC
  • Building Class C
  • Year Built 1954
  • Tenancy Multiple
  • Zoning C-3
0 Transit Score
78 Walk Score

Highlights

~7.98% Cap Rate Achievable in Year 4 With Lease-Up and Future Rental Increases
Seller Financing Available
Value-Add Upside With +/- 5,570 SF Of Vacant Space
The C-3 Central Business District Carries A Maximum Density Of 34 Dwelling Units/Acre, Allotting Substantial Further Development/Redevelopment On-site
Adjoined by the Largest Private Parking Lot in Historic Fernandina Beach – 48 Spaces
Excellent Visibility and Curb Appeal Fronting 8th St – AADT 12,500

Amenities

  • Signage
  • Tenant Controlled HVAC

Public Transportation

AirportDriveWalkDistance
Jacksonville International 44 min - 25.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 48
Type: Surface
Included in Rent: Yes