1703-1705 N Main Street
Excellent corner property with great visibility in up-and-coming Springfield
Marketing description
Excellent buy-and-hold mixed-use investment.
Two buildings on the same folio. A mixed-use, value-add, two-story building on the corner of Main and 7th Street with an additional retail, one-story building directly behind it, facing 7th Street. Both buildings comprise more than 12,000 sq ft.
Tulua Bistro occupies the first floor of 1703 N Main St. Tenant has recently exercised their first option and renewed their lease through 2028. Tenant has been in place since 2022, with a considerable investment in their build-out.
The second floor has 5 apartments, four 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath. Four units are currently rented.
One-story building in the back is roughly 1,500 sq ft, currently leased NNN with yearly increases and renewal option.
Investment highlights
Excellent location on the corner of Main and 7th in Springfield, Jacksonville, FL. Strong demand due to growth and proximity to downtown Jacksonville.
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