2350 N Ponce De Leon Blvd - Service Station FOR SALE


Saint Augustine, FL 32084- Greater St Augustine
$3,625,000 USD
561-232-7899
2350 N Ponce De Leon Blvd, Saint Augustine, FL for Sale
$3,625,000 USD
Service Station - FOR SALE
1/81
null | 10.85% Cap Rate

2350 N Ponce De Leon Blvd
Saint Augustine, FL 32084
Greater St Augustine


HIGHLIGHTS

  • Prime Location Situated at a Major Gateway to St. Augustine
  • Inherit the Trust and Profitability of First Coast Tire & Service Center, Known for Quality Auto Repairs, Tire Services, and more
  • The Versatile Site Includes 8 service bays, Fuel Pumps, and Prominent Signage
  • All Business Assets and Real Estate Included in Sale
  • No Fuel Service Agreement & Clean Phase I Offer Value-Add to Efficient Service Station Operators
  • All Reasonable Terms and Offers Considered. Brokers Protected.

OVERVIEW

** All reasonable terms and offers considered ** Unlock Unmatched Potential in St. Augustine This prime property at 2350 N Ponce De Leon Blvd offers an extraordinary opportunity to own a well-established Shell Station, convenience store, and service center, including the successful First Coast Tire & Service Center. Located at one of St. Augustine’s busiest entrances, this property combines high visibility with a strong, loyal customer base. Exceptional Location with Proven Success This property boasts an extraordinary location at one of the busiest entrances to St. Augustine, making it ideal for a thriving business. With years of success, the site includes two buildings featuring four service bays, fuel pumps, and signage. The facilities are well-equipped with exhaust fans, 14’-16’ ceiling heights, and 3-phase power, providing a ready-to-use setup for continued automotive services or other ventures. Real Estate & Business Opportunity This sale includes the prime real estate and all business assets, including a thriving tire center and a well-established service station. The tire center has consistently generated strong sales, underscoring its solid market presence. The service station complements the service center by selling approximately 45,000 to 50,000 gallons of fuel per month, plus generating additional revenue streams through the convenience store, lottery sales, and ATM transactions. This comprehensive package offers an immediate opportunity for continued profitability and growth. Tremendous Value-Add Opportunity This property offers a solid return on investment and significant potential for growth. A buyer who implements efficient management of the tire center and capitalizes on synergies with the existing service stations can unlock substantial additional value. By optimizing operations and leveraging the high-traffic location, there’s an opportunity to enhance profitability and drive the business to new heights, making this an ideal acquisition for investors looking to maximize returns. Redevelopment Potential This site offers tremendous redevelopment potential under its current liberal zoning. The high-traffic location and versatile CM-2 zoning allow for alternate uses, such as a car wash, self-storage facility, or other commercial ventures. The property’s flexibility makes it an attractive option for adaptive reuse, allowing investors to capitalize on the bustling area and maximize the site’s value. Zoning Insights The Commercial Medium-Two (CM-2) zoning in St. Augustine, Florida, supports various commercial activities while maintaining compatibility with nearby residential and historic areas. Under CM-2 zoning, the following uses are generally permitted: Retail and Service Establishments: This includes shops, restaurants, and service-oriented businesses such as banks, salons, self-storage, and repair shops. Office Spaces: This zoning classification allows professional offices, including those for legal, medical, cannabis, or financial services. Lodging: Hotels, motels, and other forms of temporary lodging are permissible, provided they meet the necessary development standards. Automotive Services: This zoning supports businesses related to automotive services, such as gas stations, repair shops, and car wash facilities, making it suitable for any auto-related business. Mixed-Use Developments: CM-2 zoning often allows for mixed-use developments, combining residential units with commercial spaces, offering flexibility for future redevelopment. Endless Possibilities Whether you wish to continue the successful business or explore new opportunities for redevelopment, this location is poised for growth. This property is a gateway to success in St. Augustine’s vibrant market. THE GROSS SALES FIGURES AND NOI INDICATED ONLY REPRESENT OPERATIONS OF THE TIRE CENTER. The operator of the Shell station pays nominal rent, but will vacate upon any sale and turn over all operations and assets to a new buyer. Contact us today to schedule a private showing and explore the potential of this extraordinary property! Please respect owners and employees and avoid unannounced tours. Brokers Protected.

FOR SALE DETAILS

PRICE

$3,625,000 USD

PRICE/SF

$484 USD /SF

CAP RATE

10.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Established Tire Center & Service Station

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Auto Dealership, Auto Repair, Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

SA (26-2605)

APN/PARCEL ID

156240-0060

ASK ABOUT THIS PROPERTY

Brad KuskinGoCommercial at CompassMore Info
561-232-7899

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Brad KuskinGoCommercial at CompassMore Info
561-232-7899

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.