This Retail Property is no longer advertised on LoopNet.com.

22 S 8th St
Fernandina Beach, FL 32034
Grand Oaks Plaza | Seller Financing Available · Retail Property For Sale

Investment Highlights

  • ~7.98% Cap Rate Achievable in Year 4 With Lease-Up and Future Rental Increases
  • Value-Add Upside With +/- 5,570 SF Of Vacant Space
  • Adjoined by the Largest Private Parking Lot in Historic Fernandina Beach – 48 Spaces
  • Seller Financing Available
  • The C-3 Central Business District Carries A Maximum Density Of 34 Dwelling Units/Acre, Allotting Substantial Further Development/Redevelopment On-site
  • Excellent Visibility and Curb Appeal Fronting 8th St – AADT 12,500

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
16,114 SF
Building Class
C
Year Built
1954
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.90 AC
Zoning
C-3 - C-3 is the City’s center for single family and duplex residential, financial, commercial, governmental, professional, and cultural activities.
Parking
48 Spaces (2.98 Spaces per 1,000 SF Leased)
Frontage
200’ on 22 S 8th St

Amenities

  • Signage
  • Tenant Controlled HVAC

Property Taxes

Property Taxes

Parcel Number
00-00-31-1800-0045-0030
Land Assessment
$1,891,440
Improvements Assessment
$434,373
Total Assessment
$2,325,813
  • Listing ID: 31834763

  • Date on Market: 5/16/2024

  • Last Updated:

  • Address: 22 S 8th St, Fernandina Beach, FL 32034

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