648 E UNION ST, JACKSONVILLE, FL 32206-5641 (MLS# 732274)

MLS# 732274
Status: Sold
330822 sqft

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Property Description
Downtown is on fire! Tons of potential and added value in unique commercial property with over 7 acres and over 400,000 gross square feet in 7 buildings in the urban core. Property has easy access to major interstates, thriving urban core, professional sports complex, Tallyrand, shipping, rail, and cultural centers. This property is an iconic Jacksonville landmark. The main building is concrete and steel construction built in 1914 with truck friendly loading docks, ample parking, 11 freight elevators, sprinkler system, water tower, partial fencing, offices, 4 stories with basement. The six other buildings are a mix of brick, concrete, metal, and stucco. Current occupancy rate hovers around 95%.

Location, School & Taxes
Legal Description: Y-430 13-2S-26E 7.88 COLES R/P LOTS 10,11,12 BLK 2 OAKLAND  

Property Description
Total Rooms/Units: 64 Waterfront Y/N: N
Navgble to Ocean Y/N: N Current Zoning: CRO
Total Acres: 7.8 Total Bldg SqFt: 366946
Increments SqFt: 414578 Type: Industrial Warehouse\

Directions and Remarks
Directions: downtown under the Matthew's bridge, corner of Ionia and E. Union St.  

Annual Desc/Invest
Occupancy Rate: 95 Minimum Lease Term: 1 month

Property Details
Land Use Code: CRO Conform to Exist.Zng: Yes
Multiple Parcels: Yes  

Property Features
Type/Potential Use: Office; Industrial/Warehouse; Retail; Multi-Family; Hotel/Motel; Business; Business with RE; Investment; Commercial; PUD; Recreational; Business Park; Net Lease; Full Service Lease; Other
Present Use/Zoned: Commercial; Industrial/Warehouse; Professional/Office; Building Trades
Use of Adjacent Area: Residential; Multi-Family; Recreational Area; Commercial; Professional Office; Industrial; Interstate Exprswy; U.S. Highway; State Road; City Street
Square Foot Source: Plans
Number of Buildings: 7+ Bldgs
Building Stories: 4 Stories
Number of Units: 51 - 75 Units
HVAC: Central; Individual Meter; Office; Electric; Window
Utilities: Water - Public; Sewer - Public; Cable - Available; DSL Available; Sep Elect Meter(s)
Structure: Steel Framing; Concrete Floor
Exterior Wall: Partial Brick
Condition: Good
Ceiling Height: 10' - 12' Ceilings; 12' - 14' Ceilings
Column Spacing: 9 - 20 Feet
Development Status: Recorded Plat
Misc Amenities: Security System; Security Lighting; Elevator; Loading Truck Level; Outside Storage; Columns; Fenced; Multi-Tenant; Historic Building
Occupancy: Tenant Occupied
Fencing: Fenced Partial; Chain Link
Parking Facilities: Attached Parking; On-Street Parking; Not Assigned Parking; Other Parking; Gravel; Secured
Waterfront Descript: Creek
Lot Description/View: Water Access; Curb & Gutter; Sidewalks; Level; High & Dry
Lot Location: Historic Area; Downtown; Urban/City
Road Frontage: City Street
Road Surface: Concrete Road
Landlord Expenses: Taxes; Insurance; Exterior Maintenance; Structural; Roof Maintenance
Tenant Expenses: Utilities; Janitorial; Signage
Expenses Include: Accounting/Legal; Licenses & Permits; Insurance; Payroll; Taxes-Real Estate; Repairs & Maint; Supplies
Possible Financing: Cash; Conventional; Owner Financing; Private Financing Available
Documents on File: Photos on File; Floor Plans on File
Export Options: Publish Address


Last Updated: December - 14 - 2018

Information deemed reliable but not guaranteed.

Thursday 21st of February 2019 06:45 PM

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