1905 WALNUT Street Jacksonville, FL 32206
Industrial
MLS #: 2049303
Courtesy Of Great Expectations Realty
Property InformationDescription
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.
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.
Features
- Age: Over 50 Years Old
- Amenities: Dock
- Architecture Style: Other
- Legal Description: 2-46 37-2S-26E 2.31 SPRINGFIELD LOTS 1-4 E 25FT OF
- MLSID: 2049303
MAP & DIRECTIONS
Copyright © 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
