38 Cordova St - Hospitality FOR SALE


Saint Augustine, FL 32084
$3,250,000 USD
530-672-6060
38 Cordova St, Saint Augustine, FL for Sale
$3,250,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

38 Cordova St
Saint Augustine, FL 32084


HIGHLIGHTS

  • Historic District

OVERVIEW

The Old Powder House is an elegant Bed and Breakfast located in the historic heart of St. Augustine featuring two buildings. The main Inn has frontage on Cordova Street nestled among mature pecan trees and features nine spacious guest suites each with their own private bath. The Old Powder House also boasts a separate 3-bedroom cottage with a fully stocked kitchen and its own private shaded deck. This is a rare find in the heart of the historic district. On-site parking allows guests to enjoy a complete vacation without the need to drive. A strong booking history, dialed-in operations, and healthy financials make this an attractive opportunity for someone entering the thriving hospitality industry or an attractive addition to an existing portfolio.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$678 USD /SF

# OF ROOMS

10

PRICE/ROOM

$325,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Old Powder House Inn Bed & Breakfast

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1898

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

RG-1

APN/PARCEL ID

205360-0000

ASK ABOUT THIS PROPERTY

Randy BaughDevelopment Consultants, Inc.More Info
530-672-6060

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Randy BaughDevelopment Consultants, Inc.More Info
530-672-6060

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