2717 Riverside Avenue, Jacksonville, FL, 32205

2717 Riverside Avenue Jacksonville, FL 32205

2717 Riverside Avenue, Jacksonville, FL, 32205
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FOR SALE
Property Type:
Single Tenant Office
Amount:
$2,995,000
Last Verified:
Dec 04, 2023

Highlights

  • Originally built in 1924, the Property was renovated in 2019 in immaculate fashion in order to retain the historic value of the building yet offer all of the modern technologies and amenities any business could want in their office with high end, custom finishes throughout the building. Some of the highlights of the renovations include:
  • High end oak, pine, ceramic, stone, and marble flooring throughout the building.
  • Wi-Fi enabled, programmable thermostats
  • Motion detected lighting throughout
  • 950 lb capacity elevator servicing the first two stories of the main building
  • Top of the line security system
  • ADA compliance

Description

NAI Hallmark, as exclusive advisor, is privileged to present a unique opportunity to acquire 2717 Riverside Avenue, Jacksonville, Florida 32205 (the “Property”). The Property has been meticulously restored to retain its historic charm, while offering all of the modern amenities of a state of the art office property. The Property consists of two buildings including a 5,611 SF main building, and a back building which is 836 SF containing a garage and a second story office or storage space.

The property is located in the Riverside submarket of Jacksonville, offering countless amenities including some of the best dining options in Jacksonville, many city parks, shops, and more. The Property also lies just a couple of miles West of Downtown Jacksonville and nearby affluent residential communities.


Year Built: 1924
Building Size: 6447sq ft
Building Class: A
Lot Size: 0.29 acres

Map of 2717 Riverside Avenue, Jacksonville, FL, 32205

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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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.