Description
Prime Commercial Property - High Visibility & Fully Renovated!Seize this incredible investment opportunity in a high-traffic location with 25,500 average daily traffic count (2022)! This property has undergone a top-to-bottom renovation, making it move-in ready for new tenants or your own business.Property Highlights:* 0.4-Acre Drop Lot for Lease * Separate Utilities & HVAC - Each unit has individual electrical meters, addresses, and mailboxes for seamless multi-tenant operations.* Investment Opportunity - Offering an (Approximately) TRUE 7.5% cap rate on net projected income.* Zoned Commercial Corridor - Accommodates a wide range of business types.* Strategic Location - In Jacksonville City ETJ with reduced insurance costs thanks to proximity to the fire department.* Multiple Units:** Unit 100 (Highway frontage): Spacious showroom/waiting area, 2 offices, and 2 bathrooms - formerly a showroom & office for Continental Cap City.** Unit 200: Features a kitchen, bathroom, shower room, and 3 flexible rooms (perfect for office, conference, or meeting space) - great for client-facing businesses like real estate teams.** Unit 300 (Warehouse): Equipped with a brand-new standing seam metal roof and a conditioned office with a bathroom - ready for a variety of business uses.Endless Possibilities!Purchase this turnkey commercial property and generate rental income as a landlord, occupy part of the space while leasing the rest, or utilize the entire property for your business with confidence, knowing all systems are brand new.Financial documents available upon request.Don't miss out--schedule a tour today!
-
0BEDS
-
0.96ACRES
-
0BATHS
-
01/2 BATHS
-
1,588SQFT
-
$555$/SQFT
School Ratings & Info
Description
Prime Commercial Property - High Visibility & Fully Renovated!Seize this incredible investment opportunity in a high-traffic location with 25,500 average daily traffic count (2022)! This property has undergone a top-to-bottom renovation, making it move-in ready for new tenants or your own business.Property Highlights:* 0.4-Acre Drop Lot for Lease * Separate Utilities & HVAC - Each unit has individual electrical meters, addresses, and mailboxes for seamless multi-tenant operations.* Investment Opportunity - Offering an (Approximately) TRUE 7.5% cap rate on net projected income.* Zoned Commercial Corridor - Accommodates a wide range of business types.* Strategic Location - In Jacksonville City ETJ with reduced insurance costs thanks to proximity to the fire department.* Multiple Units:** Unit 100 (Highway frontage): Spacious showroom/waiting area, 2 offices, and 2 bathrooms - formerly a showroom & office for Continental Cap City.** Unit 200: Features a kitchen, bathroom, shower room, and 3 flexible rooms (perfect for office, conference, or meeting space) - great for client-facing businesses like real estate teams.** Unit 300 (Warehouse): Equipped with a brand-new standing seam metal roof and a conditioned office with a bathroom - ready for a variety of business uses.Endless Possibilities!Purchase this turnkey commercial property and generate rental income as a landlord, occupy part of the space while leasing the rest, or utilize the entire property for your business with confidence, knowing all systems are brand new.Financial documents available upon request.Don't miss out--schedule a tour today!
© 2025 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2025-03-22T10:58:06.257.