801 Ponce De Leon Blvd - Freestanding FOR SALE


Saint Augustine, FL 32084
$1,650,000 USD
904-347-9272
801 Ponce De Leon Blvd, Saint Augustine, FL for Sale
$1,650,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

801 Ponce De Leon Blvd
Saint Augustine, FL 32084


OVERVIEW

Located on US 1 (So. Ponce De Leon Blvd.) at the intersection with State Rd. 207, St. Augustine, FL 32084 This excellent, high-profile property is located on South Ponce De Leon Blvd. –at the intersection with State Rd. 207, in St. Augustine. The property is adjacent to Jimmy Hula’s Restaurant on the north side and the Diane’s Marketplace Plaza on the south side. Any number of businesses could thrive in this outstanding, highly visible location located in the heart of the US 1, St. Augustine business district. Additional businesses close by: Diane’s Natural Market Jersey Mike’s Green Papaya Metro Diner Winn-Dixie Supermarket The Shipyards The owners left this building purposely vacant for the purpose and freedom to remodel, redevelop and/or re-leasing at current market rates. Lease comps in this immediate area are in the $37 - $42 sq. ft. range with +3 – 4% annual escalations –with landlords offer in TI. Also, for comps, the property purchased by the Chik-Fil-A recently sold for $3.4 million (02/13/2024). This property (vacant land) is 0.75 mile south of 801 S. Ponce. This property has a daily traffic count of 43,000. There are approx. 16 parking spaces for this property - to be verified by buyer.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$393 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

CM2

APN/PARCEL ID

127680-0800

ASK ABOUT THIS PROPERTY

Craig CunninghamSt Johns Commercial PropertiesMore Info
904-347-9272

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Craig CunninghamSt Johns Commercial PropertiesMore Info
904-347-9272

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