Retail Storefront Business
106 St. George Street St Augustine, FL 32084
106 St. George Street, St Augustine, FL, 32084
$60,000
For Sale
$60,000
COMMERCIAL - St Augustine, FL
Property Size225 SF
Price / SF$266.67
Days on Market431
Property Features for 106 St. George Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 000000-0000
Taxes and HOA fees
- Tax Description
- No Real Estate to Convey
Building Details
- Floors in Building
- 1
Listing Agency
Keller Williams Realty Atlantic Partners St Augustine
(904) 797-7442
100 Southpark Blvd Suite 201, St Augustine, FL
Listed by
Frank Perez-Andreu · License #3299624
(904) 501-9896
Added: May 14, 2025 Checked: Jul 18 at 6:06 pm
MLS# 252895
Copyright © 2026 St. Augustine & St. John's County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is for a retail business opportunity only, with no real estate included. The space is approximately 225 square feet and is configured as a storefront retail setting suitable for an operator looking to take over an established downtown location. Public remarks note attractive lease terms in place. Inventory is not included and is sold separately.
The storefront is located on St. George Street in historic downtown St. Augustine. The street is described as pedestrian-only, positioned for day-to-day foot traffic and year-round exposure from visitors to the downtown district.
For buyers evaluating an operating business with an existing lease framework, this can be a practical fit if you’re seeking a compact retail format in a walkable downtown environment. The listing is focused on the business transition, with the seller clarifying that the real estate is not part of the sale and that inventory will be handled separately.
The storefront is located on St. George Street in historic downtown St. Augustine. The street is described as pedestrian-only, positioned for day-to-day foot traffic and year-round exposure from visitors to the downtown district.
For buyers evaluating an operating business with an existing lease framework, this can be a practical fit if you’re seeking a compact retail format in a walkable downtown environment. The listing is focused on the business transition, with the seller clarifying that the real estate is not part of the sale and that inventory will be handled separately.
Key Highlights
- Business opportunity only—no real estate is included; inventory is not included and will be sold separately.
- Approximately 225 sq. ft. retail space with attractive lease terms in historic downtown St. Augustine.
- Located along St. George Street, a pedestrian‑only, highly trafficked retail corridor.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $4.1k | $18.00 |
| − Vacancy | −$417 | −$1.85 |
| EGI | $3.6k | $16.15 |
| − OpEx | −$1.1k | −$4.84 |
| NOI | $2.5k | $11.30 |
225 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$36.3K
$31.8K – $42.4K
NOI $2,543 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$60.0K
$52.5K – $70.0K
NOI $4,201 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Storefront property - Retail space offered with existing lease terms on a pedestrian-only downtown corridor in historic St. Augustine.
Where is this storefront property located?
The property is located at 106 St. George Street St Augustine, FL.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Business opportunity only—no real estate is included; inventory is not included and will be sold separately.; Approximately 225 sq. ft. retail space with attractive lease terms in historic downtown St. Augustine.; Located along St. George Street, a pedestrian‑only, highly trafficked retail corridor.
