- For Sale $999,900
- Property Type Retail - Street Retail
- Property Size 10,774 SF
- Units 3
- Lot Size 0.63 Acre
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1959
- Date Updated Oct 8, 2026
Description
Discover the diverse and dynamic retail landscape of Jacksonville, FL! The surrounding area offers convenient access to major transportation routes, a thriving community, and nearby attractions like the Jacksonville Zoo and Gardens and River City Marketplace. For retail and street retail investors, this location presents an exciting opportunity for growth and success in a vibrant and diverse community. Join the thriving retail scene in this dynamic and evolving location!Prime Retail Investment Opportunity in Jacksonville, FL! This 10,774 SF building features 3 versatile units zoned CCG-1, providing a solid foundation for retail success. The property currently features two reliable tenants in place: a check-cashing business and a laundromat, with a new seafood restaurant moving in shortly. Once fully occupied, this asset features a stellar projected GROSS INCOME of $120K, NOI of $100K and a powerful 10% CAP RATE. Built in 1959, the sale includes all commercial-grade kitchen and grocery equipment, offering immediate value and immense growth potential in a thriving retail landscape. Don't miss this outstanding commercial investment.
Highlights
- 10,774 SF retail building
- current check cashing tenant
- current laundromat tenant
- Full occupancy expected shortly
- Includes commercial-grade grocery equipment
- Includes commercial-grade kitchen equipment
- THREE versatile units with TWO tenants currently in place and seafood restaurant going in shortly
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Contacts
Stanley Bishop
North Florida Realty Advisors
Location
Located at 5428 Cleveland Rd, Jacksonville, FL 32209, this property is part of the Magnolia Gardens neighborhood and Jacksonville market.
Contact Listing Broker
Stanley Bishop
North Florida Realty Advisors
