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372 Ahern St 1,204 SF 100% Leased Office Building Atlantic Beach, FL 32233 $795,000 ($660.30/SF)
Investment Highlights
- On-site parking
- Full Bath
- Kitchen
Executive Summary
Rare small-footprint commercial building in the core of Beaches Town Center, one of the most supply-constrained and pedestrian-active retail districts in the Jacksonville beaches market. Built in 1928 and full of period character, the property currently operates as a four-tenant cowork suite, offering an investor in-place income with the flexibility to re-tenant to a single user.
Zoned CBD (Central Business District), the property accommodates a broad range of low-intensity commercial uses including professional and business offices, medical and dental offices, retail and personal service, restaurant, café, and coffee shop (no drive-through), and art gallery or cultural use. CBD zoning further permits a single-family dwelling unit within the same building as a permitted commercial use, creating a live/work opportunity for an owner-occupant.
Two on-site parking spaces — a meaningful advantage in Town Center — plus a new roof. Steps from the Atlantic Beach and Neptune Beach restaurant and retail corridor and a short walk to the ocean.
All uses, dimensions, and development potential to be independently verified by buyer with the City of Atlantic Beach.
Zoned CBD (Central Business District), the property accommodates a broad range of low-intensity commercial uses including professional and business offices, medical and dental offices, retail and personal service, restaurant, café, and coffee shop (no drive-through), and art gallery or cultural use. CBD zoning further permits a single-family dwelling unit within the same building as a permitted commercial use, creating a live/work opportunity for an owner-occupant.
Two on-site parking spaces — a meaningful advantage in Town Center — plus a new roof. Steps from the Atlantic Beach and Neptune Beach restaurant and retail corridor and a short walk to the ocean.
All uses, dimensions, and development potential to be independently verified by buyer with the City of Atlantic Beach.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
1,204 SF
Building Class
C
Year Built/Renovated
1950/2021
Price
$795,000
Price Per SF
$660.30
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,204 SF
Building FAR
0.35
Lot Size
0.08 AC
Zoning
Neighborhood Mixed Use - General Office / Commercial
Parking
2 Spaces (1.66 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 169733-0010 | Improvements Assessment | $109,402 |
| Land Assessment | $191,598 | Total Assessment | $301,000 |
Property Taxes
Parcel Number
169733-0010
Land Assessment
$191,598
Improvements Assessment
$109,402
Total Assessment
$301,000
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