Restaurant frontage at the
corner of E. Bay Street and
Market Street
301
E. Bay Street
Jacksonville, FL
Matthew Clark Senior Director +1 904 861 1139 matthew.clark@colliers.comBuilding Information
Located at the corner of E. Bay Street and Market Street, the JH Churchwell building features ground-level retail and 21 residential condo units. This historic building is in the heart of downtown Jacksonville’s growing commercial district and is in close proximity to office towers, multifamily buildings and entertainment. As a result of the building’s 20th-century
Property Highlights
• 4,141± SF retail space with frontage on high traffic E. Bay Street and Market Street
• Street parking
• Fully equipped second generation restaurant (equipment separate from purchase price)
Source: https://naiopnefl.com/wp-content/uploads/2020/09/2019-2020-State-of-Downtown-Report.pdf Five Points Brooklyn Downtown South Bank San Marco
Downtown Jacksonville
Site
10884853.9
square miles of downtown90
block business improvement district64
block historic district6,100
residents (up 18%)3,850
multifamily units (up 20%)25
multifamily properties646
new units (2019-2020)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 fi ve-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.
FAB-REP Map:
Laura/Hogan Street Corridor
The Elbow Entertainment District Corridor Designated Parking Bay Forsyth Adams Monroe Duval Church
Ashley Hogan Laura Main Ocean Newnan Market Liberety
Type 1: $65 per square foot. Cap is 50%
of eligible cost not to exceed $400,000
Type 2: $50 per square foot. Cap is 50%
of eligible cost not to exceed $200,000
Downtown Jacksonville Parking Map
Florida
Times Union CSX
Times-Union Center for the Performing Arts The Jacksonville Landing The Hyatt Parking The Hyatt Wells Fargo The Omni Water St Garage Federal Building The Omni Parking Northbank Riverwalk Florida Theatre Bank/Stores Bank of America BB&T SunTrust Bank Duval County Courthouse State Attorney’s
Office United States Court House Hemming Plaza Main St Pocket Park Jacksonville Museum of Contemporary Art The Downtown Library Ed Ball Building Everbank Office Greyhound Bus Station City Hall at The St James Building Chamber of Commerce The Elbow WATER ST BAY ST W FORSYTH ST W ADAMS ST W MONR OE ST W DUVAL ST W CHURCH ST W FORSYTH ST E ADAMS ST E MONR OE ST E DUVAL ST E CHURCH ST E ASHLEY S T E BAY ST E MAIN S T N MAIN S T S MAIN S T BRIDGE INDEPENDENT DR. E WATER S T BAY ST W FORSYTH ST W ADAMS ST W MONR OE ST W DUVAL ST W HOUSTON ST NEWNAN S T S COAST LINE DR E OCEAN S T N NEWNAN S T N LAURA S T S LAURA S T N HOGAN S T N HOGAN S T S JULIA S T N PEARL S T N PEARL S T S HOGAN S T N CLAY S T BROAD S T N JEF FER SON S T N JEF FER SON S T S MADISON S T 1 17 18 16 9 11 19 3 2 4 5 6 7 8 10 12 13 14 15 11a 20
# LOT NAME MONTHLY RATES
RESERVED UNRESERVED
1 Annex Garage $107.00 $80.25 2 BB&T Tower Garage $160.50 $117.70 3 Carling Garage N/A $95.00 4 Central Lot #101 (Omni Hotel) $130.00 $99.00 5 Chamber of Commerce Lot N/A $120.00
6 Clay Lot N/A $75.00
7 Courthouse Garage $155.00 $96.30 8 Ed Ball Garage N/A $107.00 9 Everbank Center Garage $75 Start; $50 After $86.00 10 Florida Theatre Lot N/A $60.00 11 Forsyth Street Lot (current) N/A $85.60 11a New Garage (Laura & Forsyth) TBD TBD
12 GSA Lot $136.00 $96.30 13 Hyatt Regency Jacksonville Riverfront N/A $110.00 14 Jax Center Garage-Lanier Garage $139.10 $101.65 15 Duval/Library Garage N/A $85.60 16 One Enterprise Center Garage $155.00 $90.00 17 SunTrust Garage $165.00 $110.00 18 Terra Surface Lot (Next to Omni) - N/A $80.00 19 Water Street Garage $117.00 $74.90 20 25 W Forsyth St. N/A $90.95
North Option: First Baptist Church = 700 spaces
East Option: Sports Complex + Troley Lot = 1,700 spaces
Source: https://www.delawarenorth.com/venues/tiaa-bank-field-nfl-jacksonville-jaguars
Matthew Clark
Senior Director +1 904 861 1139 matthew.clark@colliers.com
