Historic Office Building on
2165 River Boulevard Jacksonville, FL 32204
2165 River Boulevard, Jacksonville, FL, 32204
$1,600,000
For Sale
$1,600,000
Unique office building with historic architectural features and waterfront view.
Property Size4,555 SF
Price / SF$351.26
Days on Market115
Property Features for 2165 River Boulevard
General Information
- Standard status
- Active
- Size
- 4,555 SF
- Property subtype
- Office
Listing Agency
CBRE | Jacksonville
(904) 630-6346
Listed by
Oliver Barakat · License #633995
(904) 630-6346
Source
Cbre
Added: Mar 25 Checked: Jul 17 at 5:04 am
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 CBRE | Jacksonville
Investment Insights
Based on property information with market context.
The Bensel House, located at 2165 River Boulevard, is an office building with unique architectural and historic features. The property showcases a Prairie-home style design, a grand entrance with a central staircase crafted from white oak, mahogany ceilings, and original oak floors. It also features an original fireplace with decorative pottery tiles. The layout includes six private offices, a large conference room, a full-sized well-appointed kitchen, and 2.5 bathrooms. The building is located in the Riverside Historic District and offers a waterfront view along the St Johns River. On-site parking is available. The building has a 400 amp panel and a 200 amp subpanel. The property is within walking distance to parks, restaurants, shopping, and the 5 Points entertainment district, and it is also located minutes from Downtown, I-95, and I-10. The property size is 4,555 square feet.
Key Highlights
- Breathtaking waterfront view along the St Johns River
- Historically significant building in the Riverside Historic District
- Walking distance to parks, restaurants, shopping and 5 Points entertainment district
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.3k | $24.00 |
| − Vacancy | −$22.0k | −$4.82 |
| EGI | $87.3k | $19.18 |
| − OpEx | −$21.8k | −$4.79 |
| NOI | $65.5k | $14.38 |
4,555 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$935.9K
$818.9K – $1.09M
NOI $65,510 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,347 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lynch Management Co
Car Dealership
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Unique office building with historic architectural features and waterfront view.
Where is this office building located?
The property is located at 2165 River Boulevard Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Breathtaking waterfront view along the St Johns River; Historically significant building in the Riverside Historic District; Walking distance to parks, restaurants, shopping and 5 Points entertainment district
