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Downtown Office Building with Split Space
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424 WALNUT ST, Green Cove Springs, FL 32043

Zoned Downtown Development and configured for split office or retail use with adjacent public parking.

Property Size3,800 SF
Days on Market122

Property Features for 424 WALNUT ST

General Information

Standard status Active
Size 3,800 SF
Property subtype Special Purpose
Zoning Downtown Development

Additional Details

Office Units 2

Building Details

Tenancy Multi
Listing Agency: EXIT MAGNOLIA POINT REALTY
Listed By: BERT ROYAL · License #558467
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 5:14PM

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 EXIT MAGNOLIA POINT REALTY

Investment Insights

Based on property information with market context.

This downtown office building offers a flexible layout that can be split into two spaces, each sized for office or retail use. The building totals 3,800 square feet and includes bathrooms in both units, supporting separate tenancies or staged occupancy.

The property is zoned Downtown Development, which permits office and/or retail. Public parking is adjacent, and high-speed internet is available. It is also close to local restaurants, Spring Park, and county administrative offices.

The building’s configuration—two independent 1,900-square-foot spaces with bathrooms—makes it well suited for users seeking either a single larger footprint or two separate suites.

Key Highlights

  • Zoned Downtown Development, allowing for office and/or retail use
  • Building totals 3,800 SF and can be split into two spaces of 1,900 SF each
  • Each split space includes a bathroom

Property Analytics

Current Use

Fraternal Order Of Eagles Volunteer Organization The Pink Peony Cafe & Coffee Shop

Suggested Use

Top Pick Dental Office Parking Lot & Garage Real Estate Agency Electrical Service Kitchen & Bath Showroom Spa & Massage 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

2
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

598
Businesses Nearby

Demographics for 32043, FL

30,369
Population
13,331
Households
2.3
Avg Household Size
41
Median Age
31%
College-Educated
92%
High-School Grad
229.3 sq mi
ZIP Area
132
Density / Sq Mi
$80,698
Median Household Income
$46,310
Median Earnings
$1,370
Median Rent
$292,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Zoned Downtown Development and configured for split office or retail use with adjacent public parking.
Where is this office building located?
The property is located at 424 WALNUT ST Green Cove Springs, FL.
What are key features of this property?
This property features: Zoned Downtown Development, allowing for office and/or retail use; Building totals 3,800 SF and can be split into two spaces of 1,900 SF each; Each split space includes a bathroom
(904) 294-2784 Call to check price and availability
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