Homes for sale - 72 SPANISH ST, St Augustine, FL 32084

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Amy Powell

[email protected] +1(904) 327-3933

$ 4,250,000

Est. payment -/mo

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Active Under Contract

72 SPANISH ST St Augustine, FL 32084

5,506 SqFt

UPDATED:

10/16/2024 06:09 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,506 sqft

Price per Sqft $771

MLS Listing ID 2045329

Originating Board realMLS (Northeast Florida Multiple Listing Service)

Year Built 1930

Annual Tax Amount $29,738

Lot Size 6,098 Sqft

Acres 0.14

Property Description

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 business is not included, real property only plus FF&E convey. Purchase of a liquor license is not required as seating capacity is over 150 seats. Sale Leaseback Option with 7% Cap is available. Introducing an iconic opportunity for retail and restaurant investors - a stunning 5,506 SF building steeped in history and character. Built in 1930, this property exudes timeless charm and is nestled within the downtown historic district of St. Augustine, with Historic Preservation Three zoning classification which accommodates the existing restaurant use. Imbued with a rich heritage, the building presents a unique canvas for creating an unforgettable retail or dining experience. With its historic allure and prime location, this property holds immense potential for investors seeking to craft a distinctive presence in the thriving St. Augustine culinary scene.

Architectural plans, survey and property brochure are available in documents.

Location

State FL

County St. Johns

Area 322-Downtown St Augustine

Direction From US 1 South/N. Ponce de Leon Blvd, head east on Orange Street, right hand turn on Cordova Street. Head south on Cordova Street, take a right on Treasury Street, then left on Spanish Street. Property is on west side of Street, across from paid, public parking lot.

Interior

Cooling Central Air

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Metal

Private Pool No

Building

Lot Description Historic Area

Sewer Public Sewer

Water Public

Structure Type Concrete,Wood Siding

Others

Tax ID 1983400000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Amy Powell

Advisor | License ID: SL3138783

+1(904) 327-3933

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