72 Spanish St - Restaurant FOR SALE


Saint Augustine, FL 32084
$4,250,000 USD
904-669-5099
72 Spanish St, Saint Augustine, FL for Sale
$4,250,000 USD
Restaurant - FOR SALE
1/29
null | 7% Cap Rate

Jun '25


72 Spanish St
Saint Augustine, FL 32084


HIGHLIGHTS

  • Prime Restaurant Opportunity in Historic District of St. Augustine
  • Zoned HP-3 for Historic Preservation Three, City of St. Augustine
  • 1 Year Sale Leaseback Option - 7% Cap Rate
  • 5,506 SF of Gross Building Area/Built in 1930
  • Landmark property with significant appeal
  • Real Property Only For Sale, Existing Business not Included

OVERVIEW

Discover the vibrant potential of The Floridian’s epic location in the historic district of downtown Saint Augustine, Florida. Positioned in the heart of the bustling retail and culinary scene, this area promises a rich tapestry of attractions for end users and savvy investors seeking a prime restaurant location. Nearby destinations such as St. George Street, with its eclectic shopping and dining opportunities, draw in tourists and locals alike. Experience the charm and allure of this landmark locale, strategically situated to leverage the continuous growth of the Jacksonville submarket. With its unique mix of history and contemporary vibrancy, The Floridian's location offers an exceptional opportunity for restaurant ventures seeking to make a lasting mark in this dynamic setting. The existing operating business known as "The Floridian" is not included, real property only plus FF&E convey. Possible 1 year Sale Leaseback with 7% cap rate available. Shown by appointment only.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$772 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Floridian

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

HP-3

APN/PARCEL ID

198340-0000

ASK ABOUT THIS PROPERTY

Joe HatinBerkshire Hathaway - Florida Network RealtyMore Info
904-669-5099

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Joe HatinBerkshire Hathaway - Florida Network RealtyMore Info
904-669-5099

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