Commercial Land for Sale in Jacksonville, Florida

1905 Walnut St Jacksonville, FL 32206

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$749,000
2.31 acres
pending saleUnder contract

Welcome to a unique opportunity in the heart of Springfield, a vibrant and rapidly redeveloping area in the downtown Jacksonville district. This expansive commercial property boasts multiple buildings, offering tremendous potential for various uses under its IL (Industrial Light) zoning.

The centerpiece of this property is the historic Duval Laundry building, a two-story structure featuring iconic early 20th-century architectural style. With a reception area at the front, this building still houses original laundry equipment and provides a spacious industrial space. The rear of the building is equipped with two loading bays and roll-up doors, ideal for a variety of operational needs.

One of the buildings on the lot is currently leased and operating as an auto repair shop, providing immediate income potential. Another building serves as a storage warehouse. Two additional structures on the property are in disarray and require restoration or demolition.

The property offers versatile access points, including rear access from 9th St, and street parking on both Walnut and 9th Streets. While the front of the property along Walnut St. includes a pull-up space and some parking, there is further potential to utilize additional parking on the side lot.

Importantly, both Phase 1 and Phase 2 environmental reports have been completed, with contamination concerns disclosed. The property is ready for the next phase of a Site Assessment Report, which the sellers are working to secure grant funding for. This property may qualify for some of the DEP cleanup programs, but will require the future owner to complete. The sellers will work with potential buyers to educate them on all options including a potential deed restriction to utilize the property only as a commercial site, as well as cleanup options to potentially fully clear the property for potential residential or mixed use in the future.

This property's proximity to downtown and location within Springfield, one of Jacksonville's most up-and-coming districts, makes it ideal for a variety of industrial or mixed-use purposes. Seize this chance to own a piece of Jacksonville's history while investing in the future of the city's thriving business community.

Sq feet
1901
Built

Directions

From I-95, take Exit 353D for 8th Street. Once you exit, turn right onto W 8th Street and continue for about half a mile. Turn left onto N Main Street, then drive for around half a mile until you reach E 4th Street. Make a right onto E 4th Street, and after a few blocks, take a left onto Walnut Street. Your destination, 1905 Walnut St, will be on your left.

Location

Street Address
1905 Walnut St
Community
Springfield
Elevation
20 feet
Coordinates
30.347, -81.647

Property details

Zoning
Industrial
MLS Number
NEFMLS 2049303
Date Posted

Property taxes

2023
$9,834

Parcels

  • 0721290000

Legal description

This 2.31-acre property is located at 1905 Walnut St in Jacksonville, FL 32206 with latitude 30.347 and longitude -81.647. The property is currently pending sale for $749,000. It has a structure built in 1901. Listing data is sourced from Northeast Florida Multiple Listing Service # 2049303.

Verify sale details at the property source or contact Great Expectations Realty at (904) 823-3456.

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Copyright (C) 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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