Rare value-add opportunity in the Avondale Historic District. This 10,803 SF, three-story building with full basement was originally built in 1924 as a hospital and later operated as an assisted living facility, offering 27 bedrooms and 9 bathrooms on a ±0.22-acre lot. Steps from Ascension St. Vincent's Riverside and the… Read More Shoppes of Avondale. The building retains an elevator shaft, former commercial kitchen with walk-in cooler, and a fire sprinkler system, none confirmed in working order and sold strictly as-is. Recent cosmetic updates include fresh paint, new carpeting, updated plumbing fixtures, and laminate flooring in several bathrooms. Zoned RMD-D, permitting a range of residential and community uses including multi-family and elderly housing. Buyer to verify redevelopment potential and required entitlements with the City of Jacksonville. Seller will consider seller financing or a joint venture structure for the right buyer. been initiated regarding a potential multi-family conversion in the range of approximately 8-17 units, subject to City of Jacksonville approvals. A zoning exception or related entitlement process may be required depending on the final scope and design. In addition to multi-family, permitted, and exception uses, may include housing for the elderly, foster care facilities, residential treatment facilities, bed and breakfasts, churches, and group care homes. This is a substantial infill opportunity in one of Jacksonville's most desirable historic districts -- ideal for an investor or developer seeking scale, location, and flexibility with multiple potential exit strategies. Read Less
This data up-to-date as of . Listing courtesy of BELLE EPOQUE REALTY SERVICES LLC.
Listing Snapshot
Days Online
628
Last Updated
Property Type
Commercial Sale
Lot Size
0.22 Acres
Year Built
1924
MLS Number
2055566
Additional Details
Building
Built in 1924, Living area: 10,803, 3 total stories
Cooling
Central Air, Wall/Window Unit(s)
Accessibility Features
Accessibility features: Adaptable For Elevator
Floors
Carpet, Laminate, Wood
Lot
0.22 acres, 9,583 square feet, Area: 0.22, Historic Area
Parking
On Street
Roof
Shingle
Sewer
Public Sewer
Taxes
Tax annual amount: $8,895, Tax year: 2023
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Source: Northeast Florida MLS Data last updated:
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