89 Cedar St - Hospitality FOR SALE


Saint Augustine, FL 32084
$1,899,999 USD
904-874-4480
89 Cedar St, Saint Augustine, FL for Sale
$1,899,999 USD
Hospitality - FOR SALE
1/95
null | 7.18% Cap Rate

89 Cedar St
Saint Augustine, FL 32084


HIGHLIGHTS

  • Located in the Heart of Downtown St. Augustine
  • On Site Parking for 6+ Vehicles
  • Total of 6 Guest Rooms

OVERVIEW

This amazing property, aptly named At Journeys End, is a six unit contemporary-styled and designer-inspired bed and breakfast, perfectly located in the heart of Downtown St. Augustine’s Historic District. This unique property features four guest rooms in the main house and two guest suites in the detached carriage house. Below the two carriage house suites is a large storage area and owners office space. The property offers all the amenities that modern-day travelers enjoy in a fun Victorian fusion style, including a welcoming sitting room, a bright and cheerful dining room, easily-accessible kitchen and laundry room. Each suite is unique and is themed after an explorer. With multiple indoor and outdoor spaces to enjoy, guests can spread out and feel at home during their stay. Situated on a quiet tree-lined street in Lincolnville, guests are just steps away from fabulous restaurants, nightlife, museums, art galleries, shopping, and a picturesque stroll along the bay front. Additional features, such as 6 on-site designated parking spaces, cameras, smart locks and smart thermostats allow for convenience and peace of mind when welcoming guests. It is no wonder that At Journeys End has been consistently ranked as the number 2 St. Augustine Inn by TripAdvisor, with thousands of 5-star reviews. Whether you envision running a traditional bed and breakfast, or renting the home on a short-term vacation rental basis, this charming inn offers a turn-key business for the savvy investor. Or, bring your ideas and imagination for your own business model or St. Augustine residence. Do not wait - opportunities like these do not become available often.

FOR SALE DETAILS

PRICE

$1,899,999 USD

PRICE/SF

$325 USD /SF

# OF ROOMS

6

PRICE/ROOM

$316,667 {currency}

CAP RATE

7.18%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

At Journey's End B&B

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1902

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

RG1

APN/PARCEL ID

203320-0000

ASK ABOUT THIS PROPERTY

K. Jennifer CookVista Collective Real EstateMore Info
904-874-4480

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K. Jennifer CookVista Collective Real EstateMore Info
904-874-4480

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