1333 3rd St N

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a retail building located at 1333 3rd Street N, in Jacksonville Beach, Florida (the “Property”). The retail building contains 1,950 square feet and is positioned on a 0.14-acre corner parcel. The Property is 56.41% leased to ABC Laundry and has one vacant suite. ABC Laundry has been at this location since 2005 and has 1+ years remaining on their modified gross lease with one (1), 3-year renewal option. The Property offers significant upside through the lease up of the vacant space (850 square feet). The versatile Property is currently configured for two retail suites, but it can be easily combined to accommodate one larger single tenant space in the future. The property was formerly a restaurant (currently vacant) and includes connections to a hood system and a grease trap on-site. The Property is also ideal for an owner-user taking advantage of the excellent location of the underlying real estate. The Property is well located at the intersection of 13th Avenue N and 3rd Street (A1A), the area’s primary commuter and commercial corridor. The Property is 3 blocks from Jacksonville Beach and the Atlantic Ocean, 1-mile from Beach Boulevard (US Route 90) and 1.7-miles from Atlantic Boulevard, the area’s two primary east-west roadways connecting the shoreline with Jacksonville’s Central Business District. The Property is surrounded by densely populated residential neighborhoods and countless resorts, hotels, and motels, providing a built-in customer base for the Property. The area’s proximity to the Jacksonville Beaches and Atlantic Ocean also draws significant traffic to the area.