This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Schultz Building 118-120 W Adams St

31,425 SF 91% Leased Office Building Jacksonville, FL 32202 $4,595,520 CAD ($146 CAD/SF)

Investment Highlights

  • Take immediate occupancy
  • Nearby parking, dining, and retail establishments
  • Building is condominiumized, but being sold as a single asset
  • Great CBD location for small businesses
  • Functional floor plans
  • Value add opportunity/current occupancy 25%

Executive Summary

Iconic ten (10) story downtown office building built in 1926 and completely renovated in the early 2000s. Built as The Atlantic National Bank Annex, this property is listed on the National Register of Historic Places.
Gross building area including basement: 35,179 sq. ft.
Gross building area excluding basement: 31,425 sq. ft.
Restaurant space on ground floor with existing grease trap and hood
Full basement ideal for storage
Windows on three (3) sides of the building
Each floor is separately metered
Individual HVAC package units serving each floor
Floors 7-10 offer 11,184 contiguous sq. ft.
TPU modified roof completed in 2014; warranty through 2035
Elevator was fully modernized in 2024; keyed elevator access on each floor
Located in the heart of downtown Jacksonville, the area surrounding the property offers a vibrant mix of business, culture, and leisure. Just a short walk away, investors will find the iconic Friendship Fountain and the Museum of Science & History, offering a rich tapestry of cultural experiences. With numerous hotels, financial institutions, and major corporations in the vicinity, the location presents an enticing opportunity for office building investors to become part of an established and thriving business community.

Attachments

Schultz Brochure

Property Facts

Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
31,425 SF
Building Class
B
Year Built/Renovated
1925/1993
Price
$4,595,520 CAD
Price Per SF
$146 CAD
Percent Leased
91%
Tenancy
Multiple
Building Height
10 Stories
Typical Floor Size
3,143 SF
Slab To Slab
8’
Building FAR
6.56
Lot Size
0.11 AC
Zoning
CCBD

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 100
  • 2,800 SF
  • Restaurant
  • Full Build-Out
  • Now

Espace de restauration de deuxième génération (2e génération) dans un emplacement privilégié au centre-ville de Jacksonville. Il était autrefois Zodiac. Le capot est en place, mais il faudra du matériel pour le restaurant. L'ancien locataire détenait un permis d'alcool. L'espace est en fait inscrit par la société de gestion à 3600 pieds carrés, mais cela comprend l'espace au sous-sol et la mezzanine, de sorte que 2800 est plus précis car utilisable pour la cuisine, le bar et la table. Venez jeter un coup d'œil ! Peut généralement afficher la plupart des jours ouvrables de 10 h à 13 h et à d'autres moments également. Le locateur envisagerait un emplacement de vente au détail sous forme de popup pendant au moins trois mois.

Space Size Space Use Condition Available
1st Fl-Ste 100 2,800 SF Restaurant Full Build-Out Now

1st Fl-Ste 100

Size
2,800 SF
Space Use
Restaurant
Condition
Full Build-Out
Available
Now

1st Fl-Ste 100

Size 2,800 SF
Space Use Restaurant
Condition Full Build-Out
Available Now

Espace de restauration de deuxième génération (2e génération) dans un emplacement privilégié au centre-ville de Jacksonville. Il était autrefois Zodiac. Le capot est en place, mais il faudra du matériel pour le restaurant. L'ancien locataire détenait un permis d'alcool. L'espace est en fait inscrit par la société de gestion à 3600 pieds carrés, mais cela comprend l'espace au sous-sol et la mezzanine, de sorte que 2800 est plus précis car utilisable pour la cuisine, le bar et la table. Venez jeter un coup d'œil ! Peut généralement afficher la plupart des jours ouvrables de 10 h à 13 h et à d'autres moments également. Le locateur envisagerait un emplacement de vente au détail sous forme de popup pendant au moins trois mois.

Walk Score ®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 073741-1004
  • 073741-1006
  • 073741-1010
  • 073741-1008
  • 073741-1020
  • 073741-1000
  • 073741-1002
  • 073741-1018
  • 073741-1022
  • 073741-1012
  • 073741-1014
Land Assessment
$0 CAD
Improvements Assessment
$3,224,845 CAD
Total Assessment
$3,224,845 CAD
  • Listing ID: 31510197

  • Date on Market: 2024-04-15

  • Last Updated:

  • Address: 118-120 W Adams St, Jacksonville, FL 32202

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}