UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 14,271 sqft
Price per Sqft $140
Subdivision Fehrenbachs
MLS Listing ID 2121567
HOA Y/N No
Year Built 1991
Annual Tax Amount $1,113
Lot Size 2.200 Acres
Acres 2.2
Property Sub-Type Mixed Use
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
Offered for sale is a rare 18-parcel portfolio consisting of 11 residential homes, 1 commercial building, and 6 vacant lots, all located within a Light Industrial (LI) zoning district. The portfolio is fully leased, providing immediate income with clear upside potential through rental growth, redevelopment, or new construction.
The residential properties have been generally well maintained and are in good overall condition. The commercial building is currently leased to a granite company, offering stable tenancy. The six vacant parcels present a compelling value-add opportunity, ideal for the development of light industrial warehouses or flex space, subject to zoning and approvals.
Strategically positioned near Interstate I-10 at Stockton Street and Phyllis Street, the portfolio offers excellent accessibility and is minutes from I-295, enhancing tenant appeal and long-term investment.
Location
State FL
County Duval
Community Fehrenbachs
Area 031-Riverside
Direction From Downtown Jacksonville on I-10 West, Exit 352D to Irene St. then go to Stockton St. and take a left to under the overpass to Right on Phyllis St to Broward St.
Exterior
Parking Features Other, Detached, Off Street, On Street
Utilities Available Cable Connected, Electricity Available, Separate Electric Meters, Separate Water Meters, Sewer Connected, Water Connected
Roof Type Metal,Shingle
Private Pool No
Building
Lot Description Cleared
Story 1
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 0649560000
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