Known for its latticework facade, the former bank building at University Boulevard and the Arlington Expressway is under contract for redevelopment as a car wash.
JEA is reviewing a service availability request for a proposed Take 5 Car Wash, with a 125-foot tunnel, on the site at 930 University Blvd. N.
Carla Bahri, a sales agent, with Berkshire Hathaway HomeServices Florida Network Realty is the listing agent.
She said Take 5 intends to close on the property purchase by January or February 2023 and build an automated car wash.
The 5,068-square-foot bank was built in 1961 on 1.65 acres. Online information says it is listed for $1.8 million and is under contract.
The site is across University Boulevard from College Park, the former Town & Country Shopping Center that is being remodeled. A Winn-Dixie grocery store is reopening there.
The online description of the former bank says the site is “minutes from the Mathews Bridge to Downtown Jacksonville. Perfect for a retail shopping strip with national-brand tenants at a high visibility corner.”
“This beautiful, precast concrete building with its unique features can be redeveloped to a retail shopping center, medical, dental, convenient store or any other uses including a 60’ high multifamily building with retail/parking on first floor,” it says.
It is zoned Commercial Neighborhood.
TDC JAX LLC, an investor group, bought the property for $650,000 on March 4, 2021, from Ameris Bank, the latest in a line of bank ownership and operation, including Citizens Federal Savings & Loan, Gordon Bank, and Atlantic Coast Bank.
Take 5 Car Wash operates in 20 states, including in Florida, primarily on the West Coast and in Gainesville and Lake City. It does not have Northeast Florida locations,
It is part of Driven Brands Inc. of Charlotte, North Carolina.
