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Vacant-User

510 S 8th St

510 S 8th St, Fernandina Beach, FL 32034

Listing Price: $925,000

Gross SF
1,838
Rentable SF
1,838
Price/Gross SF
$503.26
Lot Size
0.23 acres
Year Built
1956

Investment Overview

Marcus and Millichap is pleased to present the subject property located at 510 S 8th St. Fernandina Beach, FL 32034. This opportunity is situated on the hard corner of 8th St, AADT 11,500, and Elm St in the highly sought-after submarket of Fernandina Beach. Built in 1959, this structure was redesigned by John M Cotner AIA in 2010 and has been recently renovated with a new roof, grease trap hookup, and a newly re-striped and paved parking lot. This opportunity is ideal for an investor or an owner user to acquire a turnkey full-service restaurant at the foot of Downtown Fernandina Beach.

During this decade (2020-2030), the Bureau of Economic Business & Research predicts that Nassau County will be the sixth fastest-growing county in the State of Florida (by %) with a projected population expansion of 36%, resulting in over 121,600 people calling Nassau County home by 2030. Tourism is Nassau County's largest job creator and is the leading driver of the economy.

Investment Highlights

  • Turnkey, Full-Service Restaurant at the Foot of Downtown Fernandina Beach
  • Clear Visibility on the Hard Corner of 8th St and Ash St
  • New Roof, Grease Trap Hookup, and a Re-Paved/Re-Striped Parking Lot

Exclusively Listed By

Financing By

Vacant-User

510 S 8th St

Listing Price: $925,000

Gross SF
1,838
Rentable SF
1,838
Price/Gross SF
$503.26
Lot Size
0.23 acres
Year Built
1956

Investment Highlights

  • Turnkey, Full-Service Restaurant at the Foot of Downtown Fernandina Beach
  • Clear Visibility on the Hard Corner of 8th St and Ash St
  • New Roof, Grease Trap Hookup, and a Re-Paved/Re-Striped Parking Lot

Investment Overview

Marcus and Millichap is pleased to present the subject property located at 510 S 8th St. Fernandina Beach, FL 32034. This opportunity is situated on the hard corner of 8th St, AADT 11,500, and Elm St in the highly sought-after submarket of Fernandina Beach. Built in 1959, this structure was redesigned by John M Cotner AIA in 2010 and has been recently renovated with a new roof, grease trap hookup, and a newly re-striped and paved parking lot. This opportunity is ideal for an investor or an owner user to acquire a turnkey full-service restaurant at the foot of Downtown Fernandina Beach. During this decade (2020-2030), the Bureau of Economic Business & Research predicts that Nassau County will be the sixth fastest-growing county in the State of Florida (by %) with a projected population expansion of 36%, resulting in over 121,600 people calling Nassau County home by 2030. Tourism is Nassau County's largest job creator and is the leading driver of the economy.

Exclusively Listed By

Financing By

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