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    120 E Forsyth St Jacksonville, FL 32202

    Picture of Restaurants at E Forsyth St 120, Jacksonville, FL
    For Sale
    $2,690,000

    Restaurant - JACKSONVILLE, FL

    Property size:
    11,734 SF
    Lot size:
    0.14 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 120 E Forsyth St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CCBD
    APN
    073451-0000
    Size
    11,734 SF
    Lot size
    0.14 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1909
    Building materials
    Block
    Architectural style
    Other

    eXp Realty LLC (888) 883-8509 [email protected]

    Listing agent Alistair Baxter (888) 883-8509 License #3423472

    Listing date Nov 13, 2025

    MLS# O6360621 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Jacksonville Retail/Restaurant Opportunity

    Located in the heart of Downtown Jacksonville on historic E. Forsyth Street, this two-story retail building offers over 10,000 square feet of flexible space suitable for a restaurant, bar, lounge, or nightlife concept. The property is surrounded by landmarks including James Weldon Johnson Park, the Jacksonville Landing area, government buildings, offices, and established entertainment venues. This location benefits from steady foot traffic, strong daytime density, and growing residential demand in the urban core. The property, situated on a 0.14-acre lot, is offered in Vanilla Shell condition, providing a blank canvas for a full buildout. Each floor measures approximately 50' x 103', and spaces may be leased individually or combined for a full-building takeover. High ceilings, a wide open floorplate, and prominent street frontage make this a standout opportunity for operators looking to create a destination venue in a rapidly evolving district. The property is ideal for a signature restaurant, craft cocktail bar, live entertainment space, or multi-level hospitality concept.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Baldwin Cynthia Insurance Agency Old Republic Natl ... Title Company

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Sincerely Patrice, Inc., SAVOR, Vale Food Co, Mr.Barrtenderr, Ladson's Southern Plates LLC

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.656096
    Latitude
    30.326374

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    FAQs

    What type of property is this?
    Restaurant - Two-story retail building in downtown Jacksonville's historic district.
    Where is this restaurant located?
    The property is located at 120 E Forsyth St Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $2,690,000.
    What are key features of this property?
    This property features: - Prime Downtown Jacksonville location on historic E. Forsyth Street.; - Over 10,000 SF of flexible space suitable for restaurant, bar, lounge, or nightlife concept.; - High foot traffic, strong daytime density, and growing residential demand.
    (888) 883-8509
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    120 E Forsyth St Jacksonville, FL 32202
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    Jacksonville, FL 32202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 E Forsyth St Jacksonville, FL 32202
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