301 E. Bay Street Jacksonville, FL - Restaurant frontage at the corner of E. Bay Street and Market Street
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301 E. Bay Street Jacksonville, FL Restaurant frontage at the corner of E. Bay Street and Market Street Matthew Clark Senior Director +1 904 861 1139 matthew.clark@colliers.com
Building Information Property Highlights
Located at the corner of E. Bay Street and Market Street, the • 4,141± SF retail space with frontage on high traffic E. Bay Street
JH Churchwell building features ground-level retail and 21 and Market Street
residential condo units. This historic building is in the heart • Street parking
of downtown Jacksonville’s growing commercial district and • Fully equipped second generation restaurant
is in close proximity to office towers, multifamily buildings
• Easy access to I-95, I-10 and I-295
and entertainment. As a result of the building’s 20th-century
architecture, Jacksonville Preservation Commission honored the • Walking distance to Hyatt Regency hotel, TIAA Bank Field, the
landmark. Florida Theatre and many restaurants
• Sale price: $700,000 (equipment included)
Downtown Jacksonville
3.9 square miles of downtown
Downtown 90 block business improvement district
64 block historic district
Site 6,100 residents (up 18%)
3,850 multifamily units (up 20%)
25 multifamily properties
Brooklyn
646 new units (2019-2020)
652 units under construction
Source: https://naiopnefl.com/wp-content/uploads/2020/09/2019-
2020-State-of-Downtown-Report.pdf
South Bank
Five Points
San Marco
1088485
FAB-REP Targeted Retail Activation: Food & Beverage Establishments
The Downtown Investment Authority’s Targeted Food and Beverage Retail Enhancement Program (FAB-REP) aims to cluster
restaurants and bars in two distinct, walkable corridors of Downtown: the Laura/Hogan Street Corridor and The Elbow
Entertainment District Corridor in the Central Core. Beginning in 2020, the DIA will incentivize investment through five-year
forgivable loans to eligible businesses. The program will fund capital improvements up to 50% of the build-out costs. More than
$3 million is earmarked for FAB-REP and incentives will be scaled by type of business. Eligibility requirements for businesses
include certain dedicated hours of operation, service type, size and locations with ground-level access and street-level visibility.
Programs include the Downtown Retail Enhancement Grant Program and Storefront Façade Grant Program.
Newnan
Liberety
Market
Hogan
Ocean
Laura
Main
Type 1: $65 per square foot. Cap is 50% Ashley
of eligible cost not to exceed $400,000 Church
FAB-REP Map:
Duval
Type 2: $50 per square foot. Cap is 50% Monroe Laura/Hogan Street Corridor
of eligible cost not to exceed $200,000 Adams
The Elbow Entertainment District Corridor
Forsyth
Bay
Designated Parking
Type 3: $40 per square foot. Cap is 50%
of eligible cost not to exceed $100,000
Water
1088485Downtown Jacksonville Parking Map
N
N ST
HOGA
DUVA CHUR
L ST CH S
W TW ASHL
EY ST
E
MONR
MONTHLY RATES OE S
N
TW
City Hall at
D ST
# LOT NAME Duval County
N
ST N
RESERVED UNRESERVED DUVA The St James
N ST
Courthouse L ST
BROA
State
ST N
W Building CHUR
L
Attorney’s CH S
ERSO
PEAR
United TE
1 Annex Garage $107.00 $80.25 Office
15
N
JULIA
States
N ST
Court
JEFF
2 BB&T Tower Garage $160.50 $117.70 House
HOGA
MONR
T
ADAM Hemming Plaza
ON S
S ST OE S Jacksonville Museum
A ST N
3 Carling Garage N/A $95.00 W TW of Contemporary Art DUVA
MADIS L ST
E
4 Central Lot #101 (Omni Hotel) $130.00 $99.00 6 8
LAUR
HOUS The Downtown
TON Ed Ball Building Library
ST
Main St
5 Chamber of Commerce Lot N/A $120.00
7 ADAM
S ST
Pocket Park
6 Clay Lot N/A FORS
YTH $75.00
ST W
W
3 MONR
OE S
T E
ST
CLAY
7 Courthouse Garage $155.00 $96.30
2
N
N ST
8 Ed Ball Garage N/A
BAY S
$107.00 9 Greyhound FORS
YTH
OCEA
TW Bus ST W ADAM
Everbank S ST E
9 Everbank Center Garage $75 Start; $50 After $86.00 Station Office
10 Florida Theatre Lot N/A $60.00 20
ST N
BB&T The
Elbow
11 Forsyth Street Lot (current) N/A $85.60 BAY Bank of America 10
MAIN
Federal
Building
ST W 11 11a FORS
YTH
ST E
11a New Garage (Laura & Forsyth) TBD TBD 19
Water St
S
WATE
ST S
R Garage
16
The Omni
N ST
ST Bank/Stores
N
Parking
4 14 1
N ST
12 GSA Lot $136.00 $96.30
L
ERSO
PEAR
12 Florida Theatre
S
A
13 Hyatt Regency Jacksonville Riverfront N/A $110.00 17
NEWN
S
N ST
JEFF
18
A ST
BAY
ST E
HOGA
14 Jax Center Garage-Lanier Garage $139.10 $101.65
LAUR
The Omni SunTrust Wells Fargo
Bank
5
ST S
WATE
15 Duval/Library Garage N/A $85.60 R ST
INDE Chamber of
MAIN
16 One Enterprise Center Garage $155.00 $90.00 PEND Commerce
ENT D
R. E
The
17 SunTrust Garage $165.00 $110.00 Times-Union Jacksonville
TS
Center for the Landing
AN S
18 Terra Surface Lot (Next to Omni) - N/A $80.00 Performing Arts
NEWN
19 Water Street Garage $117.00 $74.90 The Hyatt
Florida
CSX Northbank Riv
erwalk 13
Parking
20 25 W Forsyth St. N/A Times Union $90.95 The Hyatt
E
MAIN ST BRIDG
North Option: First Baptist Church = 700 spaces COAST
L INE DR
E
East Option: Sports Complex + Troley Lot = 1,700 spaces
1088485Source: https://www.delawarenorth.com/venues/tiaa-bank-field-nfl-jacksonville-jaguars
Matthew Clark
Senior Director
+1 904 861 1139
matthew.clark@colliers.com
76 S. Laura Street | Suite 1500 This document has been prepared by Colliers International for advertising and general information only. Colliers International
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