Historic Office & Retail
7 OLD MISSION Avenue St Augustine, FL 32084
7 OLD MISSION Avenue, St Augustine, FL, 32084
$1,050,000
For Sale
$1,050,000
Fully renovated Victorian building with seven offices, two restrooms, breakroom, and a wrap-around porch.
Property Size2,400 SF
Price / SF$437.50
Days on Market817
Property Features for 7 OLD MISSION Avenue
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1885
Listing agency
ONE SOTHEBY'S INTERNATIONAL REALTY
(407) 919-9557
Listed by
ELIZABETH JENNINGS · License #3500006
(407) 919-9557
Source
Exitrealty
Added: Apr 26, 2024 Updated: Jul 21 at 2:33PM Checked: Jul 21 at 2:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ONE SOTHEBY'S INTERNATIONAL REALTY
Investment Insights
Based on property information with market context.
Introducing a fully renovated historic commercial building at 7 Old Mission Avenue, built in 1884 and designed to support a range of professional and service-oriented uses. The property includes a wrap-around porch, three separate exterior entrances including a ramp, seven functional offices, two restrooms, and a spacious breakroom with a modern kitchen. Original heart pine floors are in excellent condition, with marble tile in the bathrooms and quartz countertops in the breakroom.
The building sits on an oversized lot on an extra-wide road, providing ample onsite and street parking. A detached garage is also included, supporting flexible day-to-day operations.
Configured for office use, this property also offers direct entry points and multiple interior rooms, which can be useful for businesses looking for functional separation within a historic setting.
The building sits on an oversized lot on an extra-wide road, providing ample onsite and street parking. A detached garage is also included, supporting flexible day-to-day operations.
Configured for office use, this property also offers direct entry points and multiple interior rooms, which can be useful for businesses looking for functional separation within a historic setting.
Key Highlights
- Fully renovated Victorian‑era commercial building (CL‑1) built in 1885 with original architectural details
- Wrap‑around porch and three separate entrances, including an exterior ramp
- Seven functional offices plus a spacious breakroom with modern kitchen
Local Financial Insights For Office B
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 | $57.6k | $24.00 |
| − Vacancy | −$12.8k | −$5.33 |
| EGI | $44.8k | $18.67 |
| − OpEx | −$11.2k | −$4.67 |
| NOI | $33.6k | $14.00 |
2,400 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$480.1K
$420.1K – $560.2K
NOI $33,610 @ 7.0% cap · market cap 3.20%
Second Best
Retail
$387.5K
$339.1K – $452.1K
NOI $27,125 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$640.2K
$560.2K – $746.9K
NOI $44,813 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Barnes & Cohen PA
Law Firm
St Augustine Bookkeeping ...
Accounting Firm
Cozart Law, PLLC
Law Firm
ARC Consulting
Consultant
St Augustine Tax ...
Tax Preparation
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FAQs
What type of property is this?
Office building - Fully renovated Victorian building with seven offices, two restrooms, breakroom, and a wrap-around porch.
Where is this office building located?
The property is located at 7 OLD MISSION Avenue St Augustine, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Fully renovated Victorian‑era commercial building (CL‑1) built in 1885 with original architectural details; Wrap‑around porch and three separate entrances, including an exterior ramp; Seven functional offices plus a spacious breakroom with modern kitchen
