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228 N 2nd St

4,848 SF 42% Leased Industrial Building Fernandina Beach, FL 32034 $1,203,432 CAD ($248 CAD/SF)

Investment Highlights

  • Industrial Zoned, Warehouse / Residential building
  • Walkable to Restraunts and Waterfront
  • Few blocks north of Centre St Downtown

Executive Summary

Location is everything, and this Industrial Zoned, Warehouse / Residential building is in the right spot. Just a few blocks north of Center St Downtown.
This building consists of a Heated and Cooled, 3984 square foot warehouse, and an upstairs that has two 432 sq ft 1 bedroom apartments. The building underwent a renovation in 2011. It currently has a Tenant in each apartment and a business renting the front half of the warehouse.
The lot is 50x125, Zoned I-1, and it's not in a flood zone or the Historic District. There are two roll-up doors on the loading docs. There is tremendous potential with this building in this highly desirable area of downtown.

Property Facts

Price $1,203,432 CAD
Price Per SF $248 CAD
Sale Type Investment or Owner User
Sale Conditions Sale Leaseback
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.14 AC
Rentable Building Area 4,848 SF
No. Stories 2
Year Built 1980
Parking Ratio 1.24/1,000 SF
Clear Ceiling Height 10 ft
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2

Amenities

  • Cooler
  • Front Loading
  • Storage Space
  • Fluorescent Lighting

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,800 SF
  • Flex
  • Partial Build-Out
  • Now

Location is everything, and this Industrial Zoned, Warehouse / Residential building is in the right spot. Just a few blocks north of Center St Downtown. This building consists of a Heated and Cooled, 3984 square foot warehouse, and an upstairs that has two 432 sq ft 1 bedroom apartments. The building underwent a renovation in 2011. It currently has a Tenant in each apartment and a business renting the front half of the warehouse. The lot is 50x125, Zoned I-1, and it's not in a flood zone or the Historic District. There are two roll-up doors on the loading docs. There is tremendous potential with this building in this highly desirable area of downtown.

Space Size Space Use Condition Available
1st Floor 2,800 SF Flex Partial Build-Out Now

1st Floor

Size
2,800 SF
Space Use
Flex
Condition
Partial Build-Out
Available
Now

1st Floor

Size 2,800 SF
Space Use Flex
Condition Partial Build-Out
Available Now

Location is everything, and this Industrial Zoned, Warehouse / Residential building is in the right spot. Just a few blocks north of Center St Downtown. This building consists of a Heated and Cooled, 3984 square foot warehouse, and an upstairs that has two 432 sq ft 1 bedroom apartments. The building underwent a renovation in 2011. It currently has a Tenant in each apartment and a business renting the front half of the warehouse. The lot is 50x125, Zoned I-1, and it's not in a flood zone or the Historic District. There are two roll-up doors on the loading docs. There is tremendous potential with this building in this highly desirable area of downtown.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-00-31-1800-0008-0102
Land Assessment
$57,277 CAD
Improvements Assessment
$138,173 CAD
Total Assessment
$195,450 CAD

zoning

Zoning Code I-1 (Industrial Zoned, Warehouse / Residential Building Potential Zoning C-3)
I-1 (Industrial Zoned, Warehouse / Residential Building Potential Zoning C-3)
  • Listing ID: 31510158

  • Date on Market: 2022-06-21

  • Last Updated:

  • Address: 228 N 2nd St, Fernandina Beach, FL 32034

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