Live-Work Space with Attached
For Sale
$390,000
6861 Lenox Avenue, Jacksonville, FL 32205
COMMERCIAL - Jacksonville, FL
Property Size2,028 SF
Lot Size0.26 Acres
Price / SF$192.31
Days on Market8
Property Features for 6861 Lenox Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Fencing
Fenced
Subdivision
Southwest
Standard status
Active
APN
0116830010
Size
2,028 SF
Lot size
0.26 Acres
Utilities
Heating system
Electric (Heating), Forced Air
Water source
Public
Building Details
Year built
1975
Floors in Building
1
Flooring type
Tile, Hardwood
Listing Agency:
GAILEY ENTERPRISES REAL ESTATE
(352) 897-2018
Listed By:
Rhonda Gailey · License #3395648
(352) 897-2018
Added: Jul 28
Changed: Aug 1
Last Checked: Aug 4 at 2:06PM
MLS# 11906764
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Live-work space currently configured as a residence with an art studio, featuring a large attached workshop designed for business use on-site. The workshop includes epoxy-coated floors, 200-amp electrical service, a firewall constructed with steel studs, and a large sliding door with a concrete access ramp plus a removable wall panel for moving oversized equipment or materials. Custom built-in shelving runs throughout the workspace. A new whole-building instant tankless water heater provides hot water for the entire property.
The residence on a fully fenced 1/4-acre lot was extensively renovated and updated with fresh interior and exterior paint. Improvements include a 6-year-old metal roof, a recent electrical inspection, a new mini-split HVAC system, and new refrigerator and washer and dryer. Interior finishes include bamboo flooring in the living room and primary bedroom, pine ceilings, laminate flooring in the bonus room, and a sliding barn door off the kitchen. Multiple security doors are included.
Additional on-site storage includes a 40-foot shipping container with built-in shelving. Built in 1975, the property uses public water and includes forced-air, electric heating.
The residence on a fully fenced 1/4-acre lot was extensively renovated and updated with fresh interior and exterior paint. Improvements include a 6-year-old metal roof, a recent electrical inspection, a new mini-split HVAC system, and new refrigerator and washer and dryer. Interior finishes include bamboo flooring in the living room and primary bedroom, pine ceilings, laminate flooring in the bonus room, and a sliding barn door off the kitchen. Multiple security doors are included.
Additional on-site storage includes a 40-foot shipping container with built-in shelving. Built in 1975, the property uses public water and includes forced-air, electric heating.
Key Highlights
- 1/4‑acre fully fenced lot with a live‑work residence and art studio setup
- Attached workshop with epoxy‑coated floors, 200‑amp electrical service, and steel‑stud firewall
- Large sliding workshop door with concrete access ramp and removable wall panel for oversized moves
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 | $48.7k | $24.00 |
| − Vacancy | −$9.8k | −$4.82 |
| EGI | $38.9k | $19.18 |
| − OpEx | −$9.7k | −$4.79 |
| NOI | $29.2k | $14.38 |
2,028 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$416.7K
$364.6K – $486.1K
NOI $29,167 @ 7.0% cap · market cap 7.48%
Second Best
Mixed Use
$382.4K
$334.6K – $446.2K
NOI $26,770 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$555.6K
$486.1K – $648.2K
NOI $38,889 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
490
Businesses Nearby
Explore this area
Business Placement
Demographics for 32205, FL
29,605
Population
16,188
Households
1.8
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,845
Density / Sq Mi
$60,609
Median Household Income
$43,122
Median Earnings
$1,190
Median Rent
$257,900
Median Home Value
Market
Vacancy Rate% for Office in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Zoned for residential/commercial mixed use, this live-work property includes a large attached workshop with epoxy-coated floors and 200-amp power.
Where is this live-work space located?
The property is located at 6861 Lenox Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 1/4‑acre fully fenced lot with a live‑work residence and art studio setup; Attached workshop with epoxy‑coated floors, 200‑amp electrical service, and steel‑stud firewall; Large sliding workshop door with concrete access ramp and removable wall panel for oversized moves
