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Two-Bay Flex Space
New
For Sale
$365,000

42 South Lot 5 Palmer St, St Augustine, FL 32084

Updated commercial garage with independent access, CL-1 zoning, and adaptable space for owner-user operations.

Property SizeContact for details
Days on Market3

Property Features for 42 South Lot 5 Palmer St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1935
Listing Agency: One Sotheby's - Downtown
Listed By: E. Betsy Kelly · License #3561
Source: Sunshinerealty
Added: Sep 16 Last Checked: Sep 18 at 4:39AM

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 - Downtown

Investment Insights

Based on property information with market context.

Lot 5 at 42 South Lot 5 Palmer St includes a detached two-bay commercial garage with separate access from Smith Street. Both bays have updated roll-up-style doors, insulated interiors, coated floors, and new window air-conditioning units. The north bay is stubbed for water and could be reconfigured for office and bathroom space, subject to City zoning and permitting approval.

Recent work includes a new roof, windows, exterior doors, underground water, sewer and electrical utilities, exterior painting, landscaping, brick pavers, decorative rock, enhanced parking, and irrigation connected to public water. Wiring is in place for exterior lighting, an electric gate, and keypad access. The property carries CL-1 commercial zoning, is served by city water, and is located in Flood Zone X. Its Smith Street entrance supports access for equipment, supplies, and daily business activity.

Key Highlights

  • Detached two‑bay commercial garage with independent Smith Street access
  • Both bays feature updated roll‑up‑style doors, insulated interiors, coated floors, and new window air‑conditioning units
  • North bay is stubbed for water for potential office and bathroom conversion, subject to approval

Property Analytics

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Current Use

Taylor Painting & Waterproofing Painting Service Taylor Signature Painting ... Painting Service

Suggested Use

Top Pick Home Appliance Store (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Skin Care Clinic Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

521
Businesses Nearby
Balanced
Demand for This Use

Demographics for 32084, FL

34,526
Population
17,839
Households
1.9
Avg Household Size
45
Median Age
32%
College-Educated
91%
High-School Grad
45.1 sq mi
ZIP Area
766
Density / Sq Mi
$72,965
Median Household Income
$38,611
Median Earnings
$1,534
Median Rent
$295,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Verdell’s Total Package DBA Verdell’S Cooking & Catering 761 W King St, St. Augustine, FL 32084
  • East Coast Catering & Events 215 W King St, St. Augustine, FL 32084

Frequently Asked Questions

What type of property is this?
Flex space - Updated commercial garage with independent access, CL-1 zoning, and adaptable space for owner-user operations.
Where is this flex space located?
The property is located at 42 South Lot 5 Palmer St St Augustine, FL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Detached two‑bay commercial garage with independent Smith Street access; Both bays feature updated roll‑up‑style doors, insulated interiors, coated floors, and new window air‑conditioning units; North bay is stubbed for water for potential office and bathroom conversion, subject to approval
More about this property
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