11-19 W Macclenny Ave

11-19 W Macclenny Ave Macclenny, FL 32063

11-19 W Macclenny Ave , Macclenny, FL, 32063
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,500,000
Last Verified:
Sep 05, 2021

Highlights

  • First floor fully leased out.
  • Blank canvas on the second floor.
  • Quickly growing city.
  • Value continuing to rise.
  • Income can easily be doubled.

Description

Nestled in the heart of beautiful downtown Macclenny is this fantastic investment opportunity that you won’t want to miss! Currently grossing over $5,000 a month with potential for over $10,000 once fully leased, this is a great portfolio addition and monthly income stream. Uniquely positioned downtown, this historic building also offers twenty parking spots, seven bathrooms, and 4,200 square feet of unfinished space on the second floor that can be leased out or utilized as personal space. The building was fully renovated in 2006 and now boasts updated fixtures, including steel beams and an elevator, adding a touch of modernity while maintaining the original charm of this long-standing Macclenny structure. Macclenny has seen exponential growth in recent years, and the value is continuing to rise - what better way to reap the benefits than with owning the best building downtown. Come see it today!

LEG THE WEST 81.5 FT OF LOT 8 BLK 27 & THE EAST 74.5 FT OF LOT 8 BLK 27 TOWN OF MACCLENNY DB D PG 800 DESC IN OR 2006-0339 & OR 2006-0340


Year Built: 1946
Building Size: 10500sq ft
Building Class: B
Lot Size: 0.43 acres


Map of 11-19 W Macclenny Ave , Macclenny, FL, 32063

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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