5381 Fletcher Ave Fernandina Beach, FL 32034-5326
This exceptional 3,058 square foot commercial property in Fernandina Beach, Florida, presents a unique investment opportunity. Situated on a desirable 1.09-acre lot in Nassau County, this two-story building offers versatile space ideal for a variety of businesses. The property's zoning (CN) allows for retail, office, and restaurant uses. The building features a ground floor unit with an open layout, a roll-up exterior door, a walk-in refrigerator, and an outdoor patio, perfect for businesses needing high visibility and convenient access. This unit overlooks the high-traffic South Fletcher Avenue. Upstairs, a 921 square foot open-plan space with a restroom provides additional flexibility. The property boasts ample parking and outdoor storage space, a significant advantage for many businesses. Its location is highly convenient, across from Harris Teeter and near the Ritz Carlton, ensuring high foot traffic and visibility. Available space ranges from 921 to 2,137 square feet, making it suitable for a variety of tenants. This property is currently fully occupied, presenting a strong investment opportunity. The building has no elevators.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CN · Fernandina Beach, FLFernandina Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.