7636 Main StJacksonville, FL 32208

Property Details for 7636 Main St

Year built

1946

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.31 AC

Property size (Sq ft)

1,395 SF

Zone code

CCG-2

Property type

Retail properties

Property subtype

Bars

APN

032826-0000

APU

328260000

Description

This exceptional 1,395 square foot bar and restaurant located at 7636 N Main St, Jacksonville, FL 32208, is available for sale at $350,000. The property boasts a fee simple ownership and sits on a 0.31-acre lot, offering ample space for outdoor seating and parking. Built in 1946 and extensively renovated in 2022, this turnkey establishment is ready for immediate occupancy. The interior is currently in shell condition, providing a blank canvas for a new owner to customize to their vision. The property is zoned CCG-2, allowing for a variety of uses. The asking price translates to $250.90 per square foot, reflecting the prime location and recent renovations. The building's 1,395 square feet of net rentable space provides a comfortable and functional layout. Its prominent Main Street location ensures high visibility and accessibility for potential customers. This is a fantastic opportunity for an owner/user to establish or relocate their business in a thriving Jacksonville neighborhood. The ample parking and outdoor seating area add significant value, catering to the needs of a busy establishment. Don't miss this chance to acquire a well-situated, recently renovated property in a desirable area.

• CAP approach

  CAP return

  Valuation

  6%

  $366,918

  6.5%

  $338,693

  7%

  $314,501

• Comparable approach

  Method

  Valuation

  Relative Method

  $239,082

  Geo Method

  $239,082

• Alternative Use

  Use

  Valuation

  Residential

  $285,700

  Hospitality

  $261,700

  Educational

  $217,731

  Medical

  $225,220

  Retail

  $338,693

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.3878

Longitude

-81.6486

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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