115 2nd St Fernandina Beach, FL 32034-4670
Property summary
This exceptional mixed-use property, located at 115 South 2nd Street in the heart of historic Fernandina Beach, Florida, presents a unique investment opportunity. The building, constructed in 1925 and renovated in 1994, boasts a total of 18,088 square feet of vacant space, offering significant potential for a variety of retail or office uses. The property is zoned MU-1, allowing for flexibility in development plans. Situated on a 0.39-acre lot, the building provides ample space for both interior operations and potential exterior improvements. Parking is available at a rate of 1.81 spaces per 1,000 square feet. The property's prime location in downtown Fernandina Beach ensures high visibility and accessibility, making it an ideal location for businesses seeking a strong presence in this vibrant community. The Nassau County property, with APN 00-00-31-1800-0271-0070, offers a blend of historic charm and modern functionality, making it a truly remarkable opportunity. The single-tenant occupancy allows for a streamlined management approach. The property's zip code is 32034. This is a rare chance to acquire a substantial commercial space in a desirable location with significant upside potential.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
2.01.09 Mixed Use (MU-1) The MU-1 District is intended for the development of a combination of residential, office, and limited neighborhoo d commercial uses. The Mixed-Use District encourages well -planned development a…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
MU-1 · Fernandina Beach, FL2.01.09 Mixed Use (MU-1) The MU-1 District is intended for the development of a combination of residential, office, and limited neighborhoo d commercial uses. The Mixed-Use District encourages well -planned development a…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for MU-1 in Fernandina Beach, FL.
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