For Sale
$1,475,000

530 3Rd StJacksonville Beach, FL 32250

Prime Jax Beach Creative Office, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 530 3rd Street North in Jacksonville Beach, Florida (zip code 32250), presents a compelling investment opportunity or owner-occupier scenario. The 1,808 square foot building, constructed in 1942 with renovations in 1968 and 1996, sits on a 0.41-acre lot and is classified as a Class B Creative Office space. Currently operating as an office for a pest control company under a Net Net lease with a credit-rated tenant, the lease expires January 31, 2026, with a landlord's right to terminate with notice by October 31, 2025. The property boasts a strong Net Operating Income (NOI) of $60,702, and the asking price is $1,475,000, translating to $815.82 per square foot. The two-story building features a single tenancy and offers versatile space. The rear portion of the lot is utilized for tenant outdoor storage. This prime location directly on 3rd Street North in Jacksonville Beach offers high visibility and accessibility. The property's mixed-use zoning allows for a variety of potential uses, making it an attractive option for both investors seeking a stable income stream and owner-occupiers looking for a unique and well-located space. The property is privately owned.

Property Details for 530 3Rd St

Property type
Specialty properties, Office properties
Square Feet
1,808 SF
Class
B
Year Built
1942
Buildings
1
Stories
2
Lot Size (sq. ft)
17,860 SF

Location Insight

City
Jacksonville Beach
County
Duval
State
Florida
Latitude
30.293686317362
Longitude
-81.393323846046
530 3Rd St, Jacksonville Beach, Florida

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530 3Rd St
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