2575 Us-1 - Freestanding FOR SALE


Saint Augustine, FL 32086
$3,100,000 USD
904-797-6000
2575 Us-1, Saint Augustine, FL for Sale
$3,100,000 USD
Freestanding - FOR SALE
1/17
null | Request Cap Rate

2575 Us-1
Saint Augustine, FL 32086


OVERVIEW

RARE REDEVELOPMENT OPPURTUNITY 300FT ON US1 SOUTH! The land is 2.23 acres totaling 97,138 SF. Zoned CI Commercial Intensive with Mixed Used Land Use (descriptions in Docs). It has 300 feet of Us1 frontage and a daily traffic count of ruffle 39,500. The property has four designated entrances, 2 on each end. Current taxes are roughly $15,500. This property has county water, sewer and gas, as well as an operating well and septic. Southern building-(1) was built in 1980, is 5,152 SF and has 3 leasable units. Building is on well and septic. Septic was pumped in 2023 by Burney's Septic. Arnett A/C services the 4 A/C units and has 4 power meters. Two drive accesses. Northern building- (2) was built in 1959, is 1232 SF. Building includes Grease trap and grind pump. Building is on county water, gas, and sewer with a lift station running under us1. In 2010 200-amp service was installed. It has two A/C units. Currently leased as a restaurant. Restaurant tenant will be given six months from time of sale to ether renegotiate lease terms with new owner or vacate.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$486 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2.27 AC

LAND SF

98,881 SF

ZONING

CI

APN/PARCEL ID

162490-0000

ASK ABOUT THIS PROPERTY

Gloria WorleyCENTURY 21 St. Augustine Properties, Inc.More Info
904-797-6000

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Gloria WorleyCENTURY 21 St. Augustine Properties, Inc.More Info
904-797-6000

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