THE LEGENDS OF REAL ESTATE
Listed by THE LEGENDS OF REAL ESTATE
$1,300,000
129 N MARKET Street
Details
APN 0734000000
Property Type Hospitality
Sub Type Hotel
Year Built 1904
Acreage 0.120
Hospitality
Marketing description
Prime investment opportunity in the heart of Downtown Jacksonville! The Palms Hotel is a 3-story income-producing commercial property positioned in a high-visibility, high-demand location with strong cash flow potential. This established asset offers immediate income with upside for increased revenue through operational improvements, repositioning, or redevelopment opportunities.
Strategically located near Jacksonville's business district, entertainment venues, dining, and major transportation corridors, this property benefits from consistent traffic and strong area growth. The building features multiple guest accommodations, on-site amenities, and excellent accessibility, making it ideal for investors seeking stable income in a growing urban market.
With Downtown Jacksonville continuing to expand through redevelopment and economic growth, this property presents an exceptional opportunity for hospitality investors, owner-operators or portfolio expansion. Financials available upon request. Serious inquiries only must be pre approved with evidence (No Creative Financing or Subject - Deal)
Listing Contacts
THE LEGENDS OF REAL ESTATE
Listed by THE LEGENDS OF REAL ESTATE
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