2695 Post St Jacksonville, FL 32204

This exceptional mixed-use property at 2695 POST Street, Jacksonville, FL 32204, presents a compelling investment opportunity. The 2,500 square foot building, constructed in 1927 and renovated in 2022, sits on a 3,000 square foot lot and is zoned CCG-1. Currently operating under a net lease (NNN) with a single tenant, the property boasts a strong 7.42% cap rate and a substantial NOI of $74,160. The lease commenced April 1, 2023, with a 5-year term (3.4 years remaining) and includes annual rent bumps of 3%. The asking price is $1,000,000, translating to $400 per square foot. Located in the vibrant Historic Riverside King Street district, the property benefits from its proximity to local shops, restaurants, bars, and a hospital. The building's recent renovation included roof replacement and conversion to a co-working, event, and photography studio space. Owner-occupancy is a viable option, particularly for restaurants seeking a special exemption liquor license under House Bill 1497 (allowing establishments with 50+ seats). This turnkey property offers significant upside potential for savvy investors and owner-users alike.