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129 N Market Street, Jacksonville, FL 32202

$1,300,000

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Property Description

Prime investment opportunity in the heart of Downtown Jacksonville! The Palms Hotel is a 3-story income-producing commercial property positioned in a high-visibility, high-demand location with strong cash flow potential. This established asset offers immediate income with upside for increased revenue through operational improvements, repositioning, or redevelopment opportunities.Strategically located near Jacksonville's business district, entertainment venues, dining, and major transportation corridors, this property benefits from consistent traffic and strong area growth. The building features multiple guest accommodations, on-site amenities, and excellent accessibility, making it ideal for investors seeking stable income in a growing urban market.With Downtown Jacksonville continuing to expand through redevelopment and economic growth, this property presents an exceptional opportunity for hospitality investors, owner-operators or portfolio expansion. Financials available upon request. Serious inquiries only must be pre approved with evidence (No Creative Financing or Subject - Deal)

129 N Market Street | MLS# 2146519

This commercial property located at 129 N Market Street, Jacksonville, FL 32202 is currently listed for sale with an asking price of $1,300,000. Search Jacksonville real estate on www.bankeayanleke.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Heating: Central
Lot Size: 0.12 Acres
Taxes: $10,778
Year Built: 1904
Square Feet: 10,647

Feature Descriptions

Exterior: Concrete
Sewer: Public Sewer

Listed By / Shown By

Listed By

Agency Name: THE LEGENDS OF REAL ESTATE

Shown By

Agent Name: Banke Ayanleke
Agent Phone: (850) 792-4919
Agency Title: Watson Realty Corp., REALTORS ®

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