92 Washington St - Residential Income FOR SALE


Saint Augustine, FL 32084
$2,675,000 USD
904-806-4274
92 Washington St, Saint Augustine, FL for Sale
$2,675,000 USD
Residential Income - FOR SALE
1/88
null | Request Cap Rate

92 Washington St
Saint Augustine, FL 32084


OVERVIEW

Welcome to this historic, one-of-a-kind commercial property in the heart of downtown St. Augustine's vibrant Lincolnville neighborhood. Built in 1908, this three-story building has a rich history as a community meeting place, having hosted events from high school proms to legendary performances by musical icons such as Ray Charles and Little Richard. The property at 92 Washington St. boasts 6,900+/- sq. ft. of flexible space currently set up as three separate condominiums. Each floor offers endless possibilities, allowing you to rent them as is or transform them into restaurants, retail spaces, offices, or a combination of uses. With its historic designation and unique architectural features, this property exudes character and charm. The property features an elevator and a front grand staircase, providing easy access to all floors. Between the third floor and the expansive rooftop deck, there is a finished attic space for storage. The rooftop deck offers breathtaking views of the city, while balconies on the second and third-floor units provide additional outdoor space. Unit 1 spans 1,707 sq ft and includes three bedrooms, two bathrooms, a utility room, and an office. Unit 2, at 2,064 sq ft, is designed as an artist studio with a stage and includes three bedrooms and three bathrooms. Unit 3 offers 2,132 sq ft of living space with three bedrooms and two bathrooms. Situated in a prime location, you're in the heart of downtown St. Augustine, surrounded by cultural landmarks, dining, shopping, and more. The third floor offers stunning views of the city, perfect for a creative studio or exclusive office space. The CL-1 zoning provides numerous development opportunities, allowing for a variety of commercial uses. Additionally, the property includes space for 9 parking spots, a rare find in downtown locations. Originally dedicated to the Odd Fellows Hall on the upper floors and a furniture store on the ground level, this building has always been a cornerstone of the community. The potential for new businesses to thrive in this historic setting is immense. Whether you envision a boutique hotel, an art gallery, a mixed-use development, or maintaining the current condominium setup, the possibilities for this property are limited only by your imagination. Don't miss this rare opportunity to own a piece of St. Augustine's history and shape its future. Contact us today to schedule a viewing and explore the endless possibilities of the former Odd Fellows Hall.

FOR SALE DETAILS

PRICE

$2,675,000 USD

PRICE/SF

$386 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

CL1

APN/PARCEL ID

208070-0000

ASK ABOUT THIS PROPERTY

Jena DennisGreat Expectations RealtyMore Info
904-806-4274

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Jena DennisGreat Expectations RealtyMore Info
904-806-4274

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