Price Reduction - Seller Financing
Address
648 E Union ST Jacksonville, FL
Price
$ 4,700,000
Property Attributes
  • MLS#732274
  • TypePending
  • CountyDUVAL
  • CityJacksonville
  • AreaSpringfield
  • Zip32206
  • StyleBusiness,Business Park,Business with RE,Commercial
  • Price$ 4,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7.8 Acres
Listing Provided Courtesy Of:
WATSON REALTY CORP
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%.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
10/1/2016 Listed $4,900,000
3/28/2017 5% - $4,700,000

General Features

# of Buildings 7+ Bldgs
Annual Desc/invest: Minimum Lease Term 1 month
Annual Desc/invest: Occupancy Rate 95.00
Category Commercial
Days on Market 1447
Expenses Include Accounting/Legal, Insurance, Licenses & Permits, Payroll, Repairs & Maint, Supplies, Taxes-Real Estate
Legal Description Y-430 13-2S-26E 7.88COLES R/P LOTS 10, 11, 12 BLK 2 OAKLAND
Listing Area 072-SPRINGFIELD
Listing Status Pending
Lot Location Downtown, Historic Area, Urban/City
Misc Amenities Columns, Elevator, Fenced, Historic Building, Loading Truck Level, Multi-Tenant, Outside Storage, Security Lighting, Security System
Occupancy Tenant Occupied
Possible Financing Cash, Conventional, Owner Financing, Private Financing Available
Present Use/zoned Building Trades, Commercial, Industrial/Warehouse, Professional/Office
Property Details: Conform To Exist.zng Yes
Property Details: Multiple Parcels Yes
Property Type F
Region 07-SPRINGFIELD/DOWNTOWN/PAXON/TROUT RIVER SOUTH
Stories 4 Stories
Tenant Expenses Janitorial, Signage, Utilities
Type Industrial Warehouse\
Year Built 1913
Zoning CRO

Interior Features

# of Units 51 - 75 Units
Ceiling Height 10' - 12' Ceilings, 12' - 14' Ceilings
HVAC Central, Electric, Individual Meter, Office, Window
Living Area 330822.00
Total Rooms/units 64
Utilities Cable - Available, DSL Available, Sep Elect Meter(s), Sewer - Public, Water - Public

Exterior Features

Condition Good
Exterior Concrete Floor, Steel Framing
Exterior Wall Mostly Brick
Fencing Chain Link, Fenced Partial
Lot Description/view Curb & Gutter, High & Dry, Level, Sidewalks, Water Access
Navigable to Ocean No
Parking Facilities Attached Parking, Gravel, Not Assigned Parking, On-Street Parking, Other Parking, Secured
Road Frontage City Street
Road Surface Concrete Road
Waterfront No
Waterfront Descript Creek

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32206

Price
AVG $210K
$4.7M
Visits
AVG 16
19
Year Built
AVG 1941
1913
Walkscore
AVG 54
63

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