5562 Avenue BJacksonville, FL 32209

Property Details for 5562 Avenue B

Year built

1965

Property type

Mixed-use properties

Description

This exceptional mixed-use property, located at 5562 Ave B in Jacksonville, Florida, presents a compelling investment opportunity. Built in 1965, this three-unit commercial building sits on a substantial 6,098.4 square foot lot in the Northside area, offering significant potential for retail use or other commercial ventures. The property boasts recently updated key components, including a newer roof, hot water heater, and air conditioning unit, minimizing immediate maintenance concerns and maximizing return on investment. This translates to reduced upfront costs and increased potential for rental income. The property's location in Jacksonville, within zip code 32209, provides access to a thriving commercial district, ensuring strong tenant demand and potential for future appreciation. The seller is also offering a neighboring two-unit commercial property (MLS ID 2030687, located at 5568 Avenue B) for sale, presenting a unique opportunity to acquire a larger portfolio and potentially benefit from economies of scale. This combined purchase could significantly enhance the overall investment return. The asking price for this property is $185,000, making it an attractive entry point for investors seeking a stable and potentially high-yielding asset in a desirable Jacksonville location. Don't miss this chance to secure a prime piece of commercial real estate in a growing market.

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.3729

Longitude

-81.6993

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