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Historic Springfield Commercial Space Available
For Lease
$5,000/Mo

1602 WALNUT Street, Jacksonville, FL 32206

Furnished commercial space in Historic Springfield, ideal for restaurant/café.

Space SizeContact for details
Lot Size0.08 Acres
Days on Market791

Property Features for 1602 WALNUT Street

General Information

Standard status Active
Lot size 0.08 Acres
Property subtype Rental

Taxes and HOA fees

Annual Taxes $135,800

Building Details

Year Built 1926
Listing Agency: J PROPERTIES III LLC
Listed By: KAREN CONN · License #3250455
Source: Exitrealty
Added: Jun 13, 2024 Changed: Aug 8 Last Checked: Aug 8 at 2:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J PROPERTIES III LLC

Investment Insights

Based on property information with market context.

This historic commercial space is available for lease in Historic Springfield, situated at the corner of 6th and Walnut. The property is fully furnished and ready for immediate move-in. It is suitable for a restaurant or café. Base rent is $5,000 per month, plus applicable sales tax and specified operating expenses. Additional rent applies if the tenant's annual sales exceed $750,000. The lease includes access to a Zen Garden and an Event Room. Street parking is available.

Key Highlights

  • Fully furnished and ready for immediate move‑in.
  • Prime location at the corner of 6th and Walnut in Historic Springfield offering high visibility.
  • Includes a Zen Garden, providing a serene outdoor space.

Property Analytics

Current Use

Chef Kenny's Spice ... Grocery & Convenience Store

Suggested Use

Top Pick Carpet & Flooring Store Butcher Pet Grooming Service (Bike/Boat/Book/etc) Store Home Appliance Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,000
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 67% Shops & Services 33%
Dollar General Shops & Services
7,485 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
6,592 visits/mo 0.5 miles
Krystal Dining
5,252 visits/mo 0.4 miles
KFC Dining
4,747 visits/mo 0.4 miles
Captain D's Dining
3,563 visits/mo 0.5 miles

Demographics for 32206, FL

18,283
Population
9,415
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
82%
High-School Grad
6.2 sq mi
ZIP Area
2,949
Density / Sq Mi
$37,585
Median Household Income
$34,353
Median Earnings
$866
Median Rent
$153,500
Median Home Value

Market

Lease Benchmarks for Jacksonville, FL

$8.91 /SF/Yr
Avg Asking Price
$0.86–$15 /SF/Yr
Price Range
6,215 SF
Avg Space Size

This space is priced 68% above the average of $8.91 /SF/Yr.

Vacancy Rate% for Retail in Jacksonville, FL

6.3% 2019
7.5% 2020
5.6% 2021
5.5% 2022
5.8% 2023
5.8% 2024
6.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Philly Express Waterice Jacksonville, FL 32202
  • JDP Restaurant & Catering 25 E Beaver St, Jacksonville, FL 32202

Frequently Asked Questions

What type of property is this?
Restaurant - Furnished commercial space in Historic Springfield, ideal for restaurant/café.
Where is this restaurant located?
The property is located at 1602 WALNUT Street Jacksonville, FL.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: Fully furnished and ready for immediate move‑in.; Prime location at the corner of 6th and Walnut in Historic Springfield offering high visibility.; Includes a Zen Garden, providing a serene outdoor space.
More about this property
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