1221 E 16TH Street

Take advantage of a Rare Development Opportunity to Purchase a single or multi-tenant adaptive reuse property in Jacksonville Florida that includes Two separate parcels of land. The 49,836 sq ft building, featuring brick construction, is situated on ± 2.4 acres and was Designed by Famed Architect Roy Benjamin in 1910. The building and adjacent land have multiple use redevelopment potential as the current owner has rezoned the property to include a variety of new uses, including residential, commercial, educational, medical, storage facility and more. (see PUD document). The property is located in the Northeast Springfield / Phoenix Arts District near Jacksonville's urban core and major transportation routes, including I-95, I-295, I-10, JaxPort and the Airport. The site is adjacent to MLK Blvd, just 1.5 miles from TIAA Bank Field, and it is nestled in a residential neighborhood conveniently located minutes away from Jacksonville's Central Business District. Further, there is access just two blocks away to the Emerald Trail, a 30-mile bike/pedestrian route that will connect various neighborhoods with downtown. The sale includes concept plans for new uses on the structure, including architectural layouts (see attachments). Historic Public School No. 8, which is a property of significant historical value designed by prominent architect Roy Benjamin, is situated on the west side of this property. The school spans 49,836 square feet on two floors and the original historic layout includes 28 classrooms, 9 restrooms, a cafeteria, library, multiple offices, and an auditorium, all complemented by ample parking. The existing site has over 60% of undeveloped land. The sale includes plans and rights to construct a new 7-level storage structure of approximately 120,000 square feet on the east side of the site, facing Martin Luther King Jr Pkwy. Access will be from 17th St, across from the train lines, and from the 120' diameter cul-de-sac on 16th St. The vacant lot at the corner of 17th St and Franklin Ave may be utilized for additional parking for the proposed uses.