• Listing ID: 1268390
  • (Broker license number: bk3038601)

Prime Retail Building In Fernandina Beach For Sale


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Asking price:
$650,000
Sales revenue:
Available on request
Cash flow:
Available on request


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DRASTICALLY REDUCED!! Prime 15,000 sf retail store for sale in historic Fernandina Beach, Florida. This iconic building was the original Lasserre-Ford car dealership in the 50's. Renovated in 2002, this building offers 5,000 sf of retail space with another 8,000 sf of warehouse in the rear. 70,000 sf site has over 80 parking spaces with room for another building. Property is zoned C-2 for almost any commercial use. City water, sewer and 3 phase power. Ideal for public building, medical, office, school, retail or quasi industrial use. Priced well below replacement cost. Contact us for private showing or more details.


Real Estate:
Real Property Included
Location:
Near historic downtown Fernandina Beach Florida
Premises details:
The subject property is a 1 story 15,293 square foot commercial building, originally constructed in 1954. The building sits on a 70,000 square foot lot and is located on the west side of 8th Street, just 6 blocks south of historic downtown Fernandina Beach, Florida. This iconic building was originally built as the Ford-Lasserre car dealership and features expansive windows making a fantastic showroom. The property comprises the entire block from Fir Street to Gum Street and from 7th Street to 8th Street, with the exception of a small rear corner lot. In the rear of the property is a quiet street for secondary employee entrance or deliveries. There is a small courtyard in the back of the warehouse that is currently used for storage, cleanup and employee parking. Visibility is high with over 16,000 vehicles per day, 25,000 people living within a 5 mile radius and hundreds of thousands of annual visitors passing the site.

Expansion potential:
Zoning is C-2, which is the highest commercial entitlement for this area and allows for most commercial and even light industrial uses. The property uses only 18% of the entire lot so potential for owner to add up to 18,000 square feet of additional ground floor retail. There is also currently room for 60 parking spaces. The building is extremely versatile, with many potential uses. There is sufficient excess property to add or redevelop this into many other uses. A partial list of potential buyers and or users is shown on the next page. Bring your own ideas to the table for this rare opportunity.
Reasons for selling:
Building foreclosed, on, bank owned
Related documents:

For more information about this business for sale, click the Contact Seller button.


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