218 ASH Street, Fernandina Beach, FL 32034
New ListingOverview
Description
Supplements: ... (Read more) Historic Downtown Commercial Investment " C-3 Zoning " Multi-Tenant Income Potential Historic two-story commercial property located in the downtown Fernandina Beach historic district offering strong income potential and leasing flexibility. The 3,342 sq ft building sits on a 100×50 corner lot with C-3 zoning allowing restaurant, office, retail, and service uses. The main level operates as an established restaurant and features a newly extended patio and courtyard seating area. The main building also includes a newly installed roof. The second floor offers three office suites with a shared bathroom that may be leased individually or combined for a single tenant. An additional downstairs side suite includes two rooms, a bathroom, and rear storage designed for a single tenant space. Positioned in the heart of downtown commercial activity, this property offers multiple revenue streams and strong upside as remaining spaces are leased, with projected returns indicating an above-average cap rate once fully occupied.
Listing Details MLS# 2162928
General Property Information
- Building Area Total
- 717
- Accessibility Features YN
- No
- Association YN
- No
- Year Built
- 1900
- Lot Size Acres
- 0.11
- Water Body Access YN
- No
- Waterfront YN
- No
- Stories Total
- 2
- Directions
- Ash Street. SW corner of Ash and 3rd
- Public Remarks
- Historic Downtown Commercial Investment • C-3 Zoning • Multi-Tenant Income Potential Historic two-story commercial property located in the downtown Fernandina Beach historic district offering strong income potential and leasing flexibility. The 3,342 sq ft building sits on a 100×50 corner lot with C-3 zoning allowing restaurant, office, retail, and service uses. The main level operates as an established restaurant and features a newly extended patio and courtyard seating area. The main building also includes a newly installed roof. The second floor offers three office suites with a shared bathroom that may be leased individually or combined for a single tenant. An additional downstairs side suite includes two rooms, a bathroom, and rear storage designed for a single tenant space. Positioned in the heart of downtown commercial activity, this property offers multiple revenue streams and strong upside as remaining spaces are leased, with projected returns indicating an above-average cap
- List Price/SqFt
- 3.07
Property Features
Contract Information
- Base Rent Per Year
- 26400
- Listing Contract Date
- 2026-09-01
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 218
- Street Name
- ASH
- Street Suffix
- Street
- County
- Nassau
- State
- FL
- Postal Code
- 32034
- MLS Area Major
- 410-Fernandina Beach Downtown-West
Status Change Information
- Major Change Timestamp
- 2026-09-01T21:02:10Z
- Major Change Type
- New Listing
More Information
