Description
Nestled in the heart of beautiful downtown Macclenny is this fantastic investment opportunity that you won't want to miss! Uniquely positioned in the heart of downtown, this property has 7 offices as well as a shared conference room on the first floor. The second floor consists of one residential apartment and 4,200 square feet of unfinished space. This space could be built out into more apartments, retail or offices to lease out and could be used by the new owner personally. This property also comes with a separate storefront retail space that is over 1,400 sq ft. This property has a 20 space parking lot and is one of the only buildings downtown that comes with private parking. This one of a kind property can easily garnish a 7% plus cap rate once fully leased.The building was fully renovated in 2006 and now boasts updated fixtures, including steel beams, an elevator, and a total of seven bathrooms, adding a touch of modernity while maintaining the original charm of this long-standing Macclenny structure. This building is structurally sound and 100% up to date on all building inspections and code requirements. Macclenny has seen exponential growth in recent years, and the value is continuing to rise - what better way to reap the benefits than with owning the best building downtown. Come see it today!
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0BEDS
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0.43ACRES
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0BATHS
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01/2 BATHS
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6,316SQFT
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$174$/SQFT
School Ratings & Info
Description
Nestled in the heart of beautiful downtown Macclenny is this fantastic investment opportunity that you won't want to miss! Uniquely positioned in the heart of downtown, this property has 7 offices as well as a shared conference room on the first floor. The second floor consists of one residential apartment and 4,200 square feet of unfinished space. This space could be built out into more apartments, retail or offices to lease out and could be used by the new owner personally. This property also comes with a separate storefront retail space that is over 1,400 sq ft. This property has a 20 space parking lot and is one of the only buildings downtown that comes with private parking. This one of a kind property can easily garnish a 7% plus cap rate once fully leased.The building was fully renovated in 2006 and now boasts updated fixtures, including steel beams, an elevator, and a total of seven bathrooms, adding a touch of modernity while maintaining the original charm of this long-standing Macclenny structure. This building is structurally sound and 100% up to date on all building inspections and code requirements. Macclenny has seen exponential growth in recent years, and the value is continuing to rise - what better way to reap the benefits than with owning the best building downtown. Come see it today!
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