The Refinery
9,345 SF | Retail Building | Jacksonville Beach, FL 32250 | $7,750,000 ($829/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $7,750,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 9,345 SF
- Price / Square Foot
- $829
Listing Contacts
Simon Grigoryan
Verified Profile
Edwinn Bruchman
Verified Profile
- Property Info
Property Overview
Marcus & Millichap is pleased to present the subject property, located at 831 1st St. N Jacksonville Beach, FL. Situated on 0.66 acres, this opportunity fronts the ocean and has a 9,345 SF two-story structure on the parcel. This property can be utilized in its current state as an upscale restaurant, reconfigured by demising the building for multiple uses/businesses, or redeveloped for multi-family, condominiums, or hospitality use. With JC-1 zoning, the property is entitled to a maximum lot coverage of 85%, building height up to 35 feet, and 50,000 square feet of gross floor area. With approximately 110,000 people within a five-mile radius, the Jacksonville Beach submarket is a very densely populated pocket of Northeast Florida with strenuous demand for commercial and hospitality uses due to heavy residential and tourism population and traffic nearby.
Property Details
- Class
- C
- Year Built/Renovated
- 1957/2016
- Stories
- 2
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 28,750 SF
Highlights
- 0.66 Oceanfront Acres in Jacksonville Beach
- Prime Redevelopment Opportunity
- Building Height up to 35 Feet
- Up to 50,000 SF of Gross Leaseable Area on a New Build
- Mature Commercial & Residential Use Nearby
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