218 Ash Street, Fernandina Beach, FL 32034

$1,400,000

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Property Description

Historic Downtown Commercial Investment ? C-3 Zoning ? Multi-Tenant Income Potential Historic two-story commercial property located in the downtown Fernandina Beach historic district offering strong income potential and leasing flexibility. The 3,342 sq ft building sits on a 100??50 corner lot with C-3 zoning allowing restaurant, office, retail, and service uses. The main level operates as an established restaurant and features a newly extended patio and courtyard seating area. The main building also includes a newly installed roof. The second floor offers three office suites with a shared bathroom that may be leased individually or combined for a single tenant. An additional downstairs side suite includes two rooms, a bathroom, and rear storage designed for a single tenant space. Positioned in the heart of downtown commercial activity, this property offers multiple revenue streams and strong upside as remaining spaces are leased, with projected returns indicating an above-average cap rate once fully occupied.

218 Ash Street | MLS# 115299

This commercial property located at 218 Ash Street, Fernandina Beach, FL 32034 is currently listed for sale with an asking price of $1,400,000. Search Fernandina Beach real estate on www.watsonrealtycorp.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air, Electric
Heating: Central, Electric
Home Style: Other, One Story, Two Story, See Remarks
Lot Size: 0.11 Acres
Roof Type: Metal, Shingle
Stories: 1.0
Year Built: 1900
Square Feet: 3,342

Amenities

Handicap Accessible

Feature Descriptions

Days on Site: 42
Exterior: Frame
Flooring: Vinyl, Wood
Lot Dimensions: 100x50
Parcel#: 00-00-31-1800-0270-0270
Parking: Other, Paved, Private, See Remarks
Parking Notes: Other, Paved, Private, See Remarks
Sewer: Public Sewer
Water: Public
Window: Wood Frames

Listed By / Shown By

Listed By

Agency Name: SUMMER HOUSE REALTY
Agency Phone: 904-557-3020

Shown By

Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193

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