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Historic Storefront Property

1637 N MAIN St, Jacksonville, FL 32206

For Sale
$1,300,000
Pending

Early twentieth-century commercial architecture in a walkable Jacksonville setting with bike and transit access.

Property Size8,862 SF
Days on Market61

Property Features for 1637 N MAIN St

General Information

Standard status Pending
Size 8,862 SF
Property subtype Commercial

Site & Location

Neighborhood Springfield Historical District

Taxes and HOA fees

Annual Taxes $5,832

Building Details

Building Size 8,862 SF
Year Built 1924
Listing Agency: BELLE EPOQUE REALTY SERVICES LLC
Listed By: THOMAS LOVE · License FL #3118560
Source: Elliman
Added: Sep 12 Changed: Nov 6 Last Checked: Nov 10 at 9:07AM

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 BELLE EPOQUE REALTY SERVICES LLC

Rey
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Investment Insights

Based on property information with market context.

This storefront property dates to 1924 and reflects the proportions and architectural character of an early twentieth-century commercial block. The building is located in Historic Springfield, close to downtown Jacksonville, and is offered for sale.

The surrounding setting supports multiple transportation options, with a Walk Score of 74, a BikeScore of 62, and a TransitScore of 54. The property is currently marketed as a coming soon listing, with no showings available at this time.

Key Highlights

  • 1924‑built storefront property
  • Located in Historic Springfield near downtown Jacksonville
  • Early twentieth‑century commercial block architecture

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$100,160
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,003,200 $2.0M
Cap Rate 7%
$1,430,857 $1.4M
Cap Rate 9%
$1,112,889 $1.1M
Market Conditions
NOI Build-Up for 8,862 SF
Gross rent
$159.5K $18.00/SF
− Vacancy
−$16.4K −$1.85/SF
EGI
$143.1K $16.15/SF
− OpEx
−$42.9K −$4.84/SF
NOI
$100.2K $11.30/SF
Area
Jacksonville, FL
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,003,200
Cap Rate 7%
$1,430,857
Cap Rate 9%
$1,112,889

Alternative Uses

Best Use
Retail
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,160 @ 7.0% cap · market cap 7.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.43M
$2.12M – $2.83M (±1% cap)
NOI $169,938 @ 7.0% cap · market cap 13.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Spa & Massage Center Garden Center Electrical Service Kitchen & Bath Showroom Carpet & Flooring Store Nail Salon

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

Location Intelligence

Trade Area within ½ mile

1,903
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 74% Shops & Services 26%
Popeyes Louisiana Kitchen Dining
6,592 visits/mo 0.2 miles
Krystal Dining
5,252 visits/mo 0.3 miles
KFC Dining
4,747 visits/mo 0.2 miles
76 Shops & Services
4,399 visits/mo 0.5 miles
Captain D's Dining
3,563 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Storefront properties in Jacksonville, FL

$248 Jul
$282 Aug
$214 Sep
$246 Oct

Properties on Market for Storefront properties in Jacksonville

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Flower Express USA — 2504 N Main St, Jacksonville, FL 32206

Frequently Asked Questions

What type of property is this?
Storefront property - Early twentieth-century commercial architecture in a walkable Jacksonville setting with bike and transit access.
Where is this storefront property located?
The property is located at 1637 N MAIN St Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 1924‑built storefront property; Located in Historic Springfield near downtown Jacksonville; Early twentieth‑century commercial block architecture
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