FORMER AMBASSADOR HOTEL ASKING PRICE AND ENTIRE CITY BLOCKimages4.loopnet.com/.../document.pdf ·...

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www.cbre.com/jacksonville CBRE, Inc. | 225 Water Street | Suite 110 | Jacksonville, FL 32202 FOR SALE - MULTIFAMILY/HOTEL REDEVELOPMENT OPPORTUNITY FORMER AMBASSADOR HOTEL AND ENTIRE CITY BLOCK JACKSONVILLE, FL 32202 BUILDING HIGHLIGHTS + Size: ±61,372 sqft + 120 Rooms original design + Entire city block bordered by Julia, Church, Pearl, and Duval Streets. + Zoned CCBD (hotel, apartments, condominiums, or lofts) + Great multifamily or hotel redevelopment opportunity The historic Ambassador Hotel, originally built in 1926, is a great multifamily or hotel redevelopment opportunity. The property spans an entire city block near popular Hemming Plaza. (Proposed rendering) ASKING PRICE $5,500,000

Transcript of FORMER AMBASSADOR HOTEL ASKING PRICE AND ENTIRE CITY BLOCKimages4.loopnet.com/.../document.pdf ·...

www.cbre.com/jacksonvilleC B R E , I n c . | 2 2 5 Wa t e r S t r e e t | S u i t e 110 | J a c k s o n v i l l e , F L 3 2 2 0 2

FOR SALE - MULTIFAMILY/HOTEL REDEVELOPMENT OPPORTUNITY

FORMER AMBASSADOR HOTELAND ENTIRE CITY BLOCKJACKSONVILLE, FL 32202

BUILDING HIGHLIGHTS + Size: ±61,372 sqft

+ 120 Rooms original design

+ Entire city block bordered by Julia, Church, Pearl, and Duval Streets.

+ Zoned CCBD (hotel, apartments, condominiums, or lofts)

+ Great multifamily or hotel redevelopment opportunity

The historic Ambassador Hotel, originally built in 1926, is a great multifamily or hotel redevelopment opportunity. The property spans an entire city block near popular Hemming Plaza. (Proposed rendering)

ASKING PRICE$5,500,000

FOR LEASEHISTORIC DOWNTOWN BUILDING

3RD - 6TH FLOOR PLANS

PROPOSED GROUND FLOOR PLAN

ASKING PRICE $5,500,000

FORMER AMBASSADOR HOTEL

N

N PEA

RL STREET

N JU

LIA STREET

W DUVAL STREET

N CHURCH STREET

2ND FLOOR PLAN

221EAST CHURCH STREET

JACKSONVILLE, FL 32202

AERIAL VIEW

420 N JULIA STREETJACKSONVILLE, FL 32202

BUILDING DETAILS ENTIRE CITY BLOCK ±1.5 ACRES

+ 420 N Julia St (Ambassador Hotel)

+ Includes vacant bank building (404 N Julia St)

+ 6 floors; brick and concrete "T" construction

+ National Registry of Historic Buildings (exterior only)

+ 20% of construction cost tax credit available

+ Vacant; short-term parking only

N J

ULI

A ST

REET

W CHURCH ST

N P

EARL

STR

EET

W DUVAL ST

420N JULIA ST

404N JULIA ST

www.cbre.com/jacksonvilleC B R E , I n c . | 2 2 5 Wa t e r S t r e e t | S u i t e 110 | J a c k s o n v i l l e , F L 3 2 2 0 2

FOR LEASEHISTORIC DOWNTOWN BUILDING

221EAST CHURCH STREET

JACKSONVILLE, FL 32202

CONTACT US

BRUCE N. JACKSON, CCIMFirst Vice President+1 904 630 [email protected]

© 2017 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.

ASKING PRICE $5,500,000

FORMER AMBASSADOR HOTELAND ENTIRE CITY BLOCK

420 N JULIA& ADJACENT BANK