Historic Downtown Office
22 N 4th St Fernandina, Fernandina Beach, FL 32034
For Sale
$1,649,000
C-3-zoned commercial property near Centre Street’s shops, restaurants, services, and downtown business activity.
Property Size3,754 SF
Days on Market86
Property Features for 22 N 4th St Fernandina
General Information
Standard status
Size
Class
Property subtype
Zoning
Building Details
Building Size
Listing Agency:
Berkshire Hathaway Homeservices Heymann Williams Realty
Listed By:
Antoinette Ferry · License FL #3657612
(404) 516-1367
Source:
Thebrokerlist
Added: Aug 19
Changed: Nov 5
Last Checked: Nov 12 at 4:13AM
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 Berkshire Hathaway Homeservices Heymann Williams Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 22 N 4th St in Fernandina Beach’s Downtown Historic District, this C-3 commercial property is classified as office units and offers a setting suited to professional office use. The historic district includes late-19th- and early-20th-century architecture, locally owned businesses, restaurants, galleries, and professional services.
The property sits just off Centre Street, the central commercial corridor of historic downtown, with the district’s core activity extending between Front and 5th Streets. Its walkable setting places the address near shops, dining, lodging, waterfront amenities, and downtown services. Potential concepts identified for the property include executive or professional office suites, boutique hospitality, multifamily or residential redevelopment, and combined residential-commercial use. Any proposed use remains subject to applicable zoning, historic district requirements, parking standards, building codes, occupancy requirements, and City approvals.
The property sits just off Centre Street, the central commercial corridor of historic downtown, with the district’s core activity extending between Front and 5th Streets. Its walkable setting places the address near shops, dining, lodging, waterfront amenities, and downtown services. Potential concepts identified for the property include executive or professional office suites, boutique hospitality, multifamily or residential redevelopment, and combined residential-commercial use. Any proposed use remains subject to applicable zoning, historic district requirements, parking standards, building codes, occupancy requirements, and City approvals.
Key Highlights
- C‑3 commercial zoning
- 22 N 4th St address in Fernandina Beach’s Downtown Historic District
- Just off Centre Street, between Front and 5th Streets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,571
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,051,420
$1.1M
Cap Rate 7%
$751,014
$751.0K
Cap Rate 9%
$584,122
$584.1K
Market Conditions
NOI Build-Up for 3,754 SF
Gross rent
$90.1K $24.00/SF
− Vacancy
−$20.0K −$5.33/SF
EGI
$70.1K $18.67/SF
− OpEx
−$17.5K −$4.67/SF
NOI
$52.6K $14.00/SF
Area
Nassau County, FL
Vacancy
22.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,051,420
Cap Rate 7%
$751,014
Cap Rate 9%
$584,122
Alternative Uses
Best Use
Office B
$751.0K
$657.1K – $876.2K
NOI $52,571 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.00M
$876.2K – $1.17M
NOI $70,095 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
879
Businesses Nearby
Explore this area
Business Placement
Demographics for 32034, FL
38,167
Population
21,768
Households
1.8
Avg Household Size
56
Median Age
54%
College-Educated
97%
High-School Grad
65.0 sq mi
ZIP Area
587
Density / Sq Mi
$97,756
Median Household Income
$48,467
Median Earnings
$1,399
Median Rent
$484,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - C-3-zoned commercial property near Centre Street’s shops, restaurants, services, and downtown business activity.
Where is this office unit located?
The property is located at 22 N 4th St Fernandina Fernandina Beach, FL.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: C‑3 commercial zoning; 22 N 4th St address in Fernandina Beach’s Downtown Historic District; Just off Centre Street, between Front and 5th Streets
