218 ASH ST, Fernandina Beach, FL 32034
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$ 1,275,000
Est. payment | /mo

3,342 SqFt


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$ 1,275,000
Est. payment | /mo
Save

3,342 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 3,342 sqft

Price per Sqft $381

MLS Listing ID 2162874

Year Built 1900

Annual Tax Amount $13,126

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Business

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

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.

Location

State FL

County Nassau

Area 410-Fernandina Beach Downtown-West

Direction Ash Street. SW corner of Ash and 3rd

Interior

Cooling Central Air, Ceiling Fan(s)

Flooring Vinyl, Wood

Exterior

Parking Features On Street

Roof Type Metal,Shingle,Mixed

Accessibility Accessible Approach with Ramp

Private Pool No

Building

Lot Description Corner Lot, Historic Area, Split Possible

Sewer Public Sewer

Water Public

Others

Tax ID 000031180002700270

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by SUMMER HOUSE REALTY • ROBERT G MULLINS JR

NEARBY SCHOOLS & PROPERTIES

Clay Hall

+1(904) 729-5363

clay@clayhall.com

601 A1A N, Ponte Vedra Beach, FL 32082, USA

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218 ASH ST