Office Suite in Blackstone
233 East Bay Street Jacksonville, FL 32202
233 East Bay Street, Jacksonville, FL, 32202
Contact for pricing
For Sale
Contact for pricing
For sale office suite with utilities included and in-suite trash removal plus maintained restrooms and common areas.
Property Size2,454 SF
Price / SF$275
Days on Market31
Property Features for 233 East Bay Street
General Information
- Standard status
- Active
- Size
- 2,454 SF
- Property subtype
- Office
Building Details
- Year Built
- 1974
Listing Agency
Coldwell Banker Commercial Premier Saint Augustine
Listed by
Eric Maimo · License #FL
Source
Crexi
Added: Jun 17 Checked: Jul 16 at 8:29 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 Coldwell Banker Commercial Premier Saint Augustine
Investment Insights
Based on property information with market context.
Located in the Blackstone Building at 233 East Bay Street in Downtown Jacksonville, this office suite offers a turnkey setup for professional use. The space is approximately 2,454 square feet and is supported by building-maintained amenities, including fully maintained restrooms and common areas.
According to the property remarks, this opportunity is positioned in the heart of Downtown Jacksonville for convenient day-to-day operations and client access. The building includes all utilities as part of the offering, and the suite is supported by in-suite trash removal services.
This suite is suited for a range of professional office users who want a managed, service-supported workplace. With utilities included and ongoing maintenance for restrooms and common areas, the space is designed to reduce operational friction for office teams and help keep the day-to-day environment consistent for occupants and visitors.
According to the property remarks, this opportunity is positioned in the heart of Downtown Jacksonville for convenient day-to-day operations and client access. The building includes all utilities as part of the offering, and the suite is supported by in-suite trash removal services.
This suite is suited for a range of professional office users who want a managed, service-supported workplace. With utilities included and ongoing maintenance for restrooms and common areas, the space is designed to reduce operational friction for office teams and help keep the day-to-day environment consistent for occupants and visitors.
Key Highlights
- Office suite in the Blackstone Building with year built 1974
- Utilities included
- In‑suite trash removal service included
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 | $58.9k | $24.00 |
| − Vacancy | −$11.8k | −$4.82 |
| EGI | $47.1k | $19.18 |
| − OpEx | −$11.8k | −$4.79 |
| NOI | $35.3k | $14.38 |
2,454 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$504.2K
$441.2K – $588.2K
NOI $35,293 @ 7.0% cap · market cap 5.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$672.3K
$588.2K – $784.3K
NOI $47,058 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Patrick A Carr Law ...
Law Firm
Shawn H Pope ...
Law Firm
Roberts & Reiter PA
Law Firm
Saunders & Co
Insurance Agency
Florida Asbestos
Law Firm
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FAQs
What type of property is this?
Office units - For sale office suite with utilities included and in-suite trash removal plus maintained restrooms and common areas.
Where is this office units located?
The property is located at 233 East Bay Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $674,850.
What are key features of this property?
This property features: Office suite in the Blackstone Building with year built 1974; Utilities included; In‑suite trash removal service included
