Property Listing No Longer Available for Sale

2555 & 2575 US Highway 1, St. Augustine, FL

Retail for Sale - $3,375,000 - 5,152 Sq. Ft. on 2.23 acres


Property Info

CIMLS#1152137
Location
  2555 & 2575 US Highway 1
  St. Augustine FL 32086
UpdatedDecember 8th, 2023
TypeRetail
Price$3,375,000
Building5,152 Sq. Ft.
Land2.23 acres

Property Description

DEVELOPMENT OPPURTUNITY 300FT ON US1 SOUTH! The land is 2.23 acres totaling 97,138 SF. Zoned CI Commercial Intensive with Mixed Used Land Use (descriptions in Docs). It has 300 feet of Us1 frontage and a daily traffic count of ruffle 39,500. The property has four designated entrances, 2 on each end. Current taxes are roughly $15,500. This property has county water, sewer and gas, as well as an operating well and septic. Southern building-(1) was built in 1980, is 5,152 SF and has 3 leasable units. One unit is leased to a car dealer. Lease will end 3/25, no right to renew. Building is on well and septic. Septic was pumped in 2023 by Burney's Septic. Arnett A/C services the 4 A/C units and has 4 power meters. Two drive accesses. Portion of this building is leased to a Car Dealer. No right to renew. Lease term is through 5/10/25 Northern building- (2) was built in 1959, is 1232 SF. Building includes Grease trap and grind pump. Building is on county water, gas, and sewer with a lift station running under us1. In 2010 200-amp service was installed. It has two A/C units. Currently leased as a restaurant. No right to renew. Lease term is through 3/24.


Financials



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