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Riverside Medical & Professional Office 2585 Herschel St 2,640 SF Office Building Jacksonville, FL 32204 $595,000 ($225.38/SF)
INVESTMENT HIGHLIGHTS
- Freestanding 2,640 SF historic medical/office building in Riverside/Avondale
- CRO zoning allows medical, office and residential/office use – flexible exit strategies
- Offered as investment or owner/user with potential sale-leaseback to existing practice
- Approx. 2,280 SF heated & cooled clinical/office layout with reception and exam rooms
- Rear surface parking with 5 spaces, handicap ramp and building signage opportunity
- Minutes to St. Vincent’s Medical Center, Five Points, Avondale, I-95 and I-10
EXECUTIVE SUMMARY
Historic 2,640 SF two-story medical/office building (approx. 2,280 SF heated & cooled) on a 6,250 SF CRO-zoned lot in the heart of Jacksonville’s Riverside/Avondale submarket. Built in 1921 and adapted for modern medical office use, the property features a welcoming residential-style façade, efficient exam and office layout, hardwood floors, central HVAC, and rear surface parking for five vehicles with handicap ramp access. CRO zoning (Commercial/Residential/Office) provides flexible use options and multiple potential exit strategies over time.
The building is currently 100% owner-occupied by a medical practice and is being offered as an investment or owner/user opportunity with a proposed sale-leaseback. An investor can step into stable, predictable income in a supply-constrained historic neighborhood, while an owner/user can secure a hard-to-find freestanding medical/office building with on-site parking, building signage and excellent access to I-95 and I-10. The site benefits from strong surrounding demographics, proximity to St. Vincent’s Medical Center Riverside, Five Points and Avondale retail/dining, and the broader urban core employment base.
The building is currently 100% owner-occupied by a medical practice and is being offered as an investment or owner/user opportunity with a proposed sale-leaseback. An investor can step into stable, predictable income in a supply-constrained historic neighborhood, while an owner/user can secure a hard-to-find freestanding medical/office building with on-site parking, building signage and excellent access to I-95 and I-10. The site benefits from strong surrounding demographics, proximity to St. Vincent’s Medical Center Riverside, Five Points and Avondale retail/dining, and the broader urban core employment base.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
2,640 SF
Building Class
C
Year Built
1921
Price
$595,000
Price Per SF
$225.38
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,320 SF
Building FAR
0.43
Lot Size
0.14 AC
Zoning
CRO - Commercial/Residential/Office zoning allowing office, medical and residential uses; flexible for professional or owner/user occupancy.
Parking
5 Spaces (1.89 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Wheelchair Accessible
- Air Conditioning
1 1
Walk Score®
Very Walkable (89)
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