For Sale
$900,000

1422 Edgewood AveJacksonville, FL 32208

Jacksonville Retail Center - High Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 8,000 square foot shopping center, situated on a 0.63-acre lot at 1422 Edgewood Ave W in Jacksonville, Florida (zip code 32208), presents a compelling investment opportunity. Built in 1967 and zoned CCG2, the property boasts eight individual units, each measuring 1,000 square feet, offering flexibility for a variety of retail tenants. Currently, the center enjoys 50% occupancy with established, long-term tenants. The strategic location near the bustling intersection of Edgewood Avenue West and Lem Turner Road ensures high visibility and accessibility for businesses. The asking price for this multi-tenant retail property is $900,000. The property's eight units can be combined to accommodate larger tenants, providing significant potential for increased revenue and occupancy. This prime retail location in Duval County offers a unique chance to acquire a well-positioned asset with substantial upside potential in a growing market. The property's existing tenants provide a stable income stream, while the vacant units offer the opportunity to attract new businesses and further enhance profitability. This is an ideal investment for those seeking a strong return on investment in a desirable Jacksonville location.

Highlights

  • 8,000 SF shopping center on a 0.63-acre lot in Jacksonville, FL (32208).
  • Eight 1,000 SF units, currently 50% occupied with long-term tenants.
  • High-visibility location at Edgewood Ave W & Lem Turner Rd.
  • Asking price: $900,000.
  • Units can be combined for larger tenants, increasing revenue potential.
  • Zoned CCG2.

Property Details for 1422 Edgewood Ave

Property type
Lifestyle centers, Power centers
Square Feet
8,000 SF
Year Built
1967
Lot Size (sq. ft)
27,443 SF
Units
8

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.3892015
Longitude
-81.6807926
1422 Edgewood Ave, Jacksonville, Florida

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1422 Edgewood Ave
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