121 S 8TH Street, Fernandina Beach, FL 32034

$490,000
Property Type: Commercial Sale Square Footage: 1,699 Lot Size (sq. ft.): 5,227 Status: Closed
Current Price: $490,000 List Date: 2/18/2025 Last Modified: 5/03/2025

Description

Seller offering $5,000 towards buyer's closing costs! Prime Commercial Property for sale in Historic Downtown Fernandina Beach presents a rare investment opportunity in a high-traffic location 1.5 blocks from Centre Street. With C-3 zoning, this versatile property allows for multiple commercial & residential uses, including but not limited to office space, retail storefront, professional services, duplex, rental property, lodging accommodations, or a live-work setup. Its prime downtown location ensures strong foot traffic, excellent visibility, & high-income potential, making it an excellent choice for business owners, hospitality investors, & real estate developers seeking a mixed-use or income-producing property. Blending historic charm with some modern upgrades, the property features original heart pine flooring, antique windows, & vintage hardware. The kitchen & bath have been updated with new plumbing and electrical. Add'l improvements include a new water heater, a 2020 roof

Supplements: replacement, & lower-level HVAC ductwork updates. A large off-street parking area adds value for businesses and tenants, while the attic offers expansion potential, allowing for an additional bathroom or kitchenette to increase rental income or guest accommodations. With commercial real estate in Fernandina Beach in high demand, this investment property offers flexibility, visibility, & immediate income potential in a thriving historic business district. Whether you're looking for a turnkey retail space, professional office, rental investment, boutique lodging, or mixed-use development, this listing delivers unmatched value. Schedule a showing today & secure this prime commercial space in one of Northeast Florida's most sought-after markets!

More Information MLS# 2070950

Contract Information

Current Price: $490,000 Sold Price: $490,000 Status: Closed Listing Contract Date: 2025-02-13 Property Sub Type: Mixed Use

Location Tax and Legal

Street Number: 121 Street Direction Prefix: S Street Name: 8TH Street Suffix: Street County: Nassau State: FL Postal Code: 32034 MLS Area Major: 410-Fernandina Beach Downtown-West

General Property Information

Building Area Total: 1699 Building Area Source: Assessor Year Built: 1900 Lot Size Acres: 0.12 Waterfront YN: No Stories Total: 2 Directions: SR200 east; property on left after passing Beech Street Public Remarks: Seller offering $5,000 towards buyer's closing costs! Prime Commercial Property for sale in Historic Downtown Fernandina Beach presents a rare investment opportunity in a high-traffic location 1.5 blocks from Centre Street. With C-3 zoning, this versatile property allows for multiple commercial & residential uses, including but not limited to office space, retail storefront, professional services, duplex, rental property, lodging accommodations, or a live-work setup. Its prime downtown location ensures strong foot traffic, excellent visibility, & high-income potential, making it an excellent choice for business owners, hospitality investors, & real estate developers seeking a mixed-use or income-producing property. Blending historic charm with some modern upgrades, the property features original heart pine flooring, antique windows, & vintage hardware. The kitchen & bath have been updated with new plumbing and electrical. Add'l improvements include a new water heater, a 2020 roof List Price/SqFt: 293.7 Sold Price/SqFt: 288.4

Status Change Information

Major Change Timestamp: 2025-05-03T15:02:00Z Major Change Type: Status Change Price Change Timestamp: 2025-02-25T02:31:52Z Purchase Contract Date: 2025-03-31 Close Date: 2025-05-02 Close Price: 490000

Property Features

Lot Features: Historic Area Parking Features: Off Street Sale Includes: Building & Land
Listing Office: SUMMER HOUSE REALTY
Last Updated: May - 03 - 2025
Information deemed reliable but not guaranteed.