Open-Plan Retail
For Sale
$1,375,000
1915 A1a S #RETAIL CONDO, St Augustine, FL 32080
The space currently serves as overflow banquet area for an adjacent Italian restaurant.
Property Size4,000 SF
Price / SF$343.75
Days on Market323
Property Features for 1915 A1a S #RETAIL CONDO
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial
Zoning
Commercial
Additional Details
Corner Location
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$23,213
Building Details
Building Size
4,000 SF
Year Built
1984
Stories
1
Listing Agency:
COLDWELL BANKER PREMIER PROPERTIES
(904) 392-5151
Listed By:
ERIC MAIMO · License #3254822
(904) 537-6443
Source:
Dualstaterealestate
Added: Dec 4, 2025
Changed: Oct 23
Last Checked: Oct 23 at 6:01PM
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 COLDWELL BANKER PREMIER PROPERTIES
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,000-square-foot retail condominium in St. Augustine has an open interior and was built in 1984. It is currently used for overflow banquet functions associated with the adjacent Italian restaurant. Commercial zoning is stated for the property.
The unit occupies a corner at SR 312 and A1A Business, with frontage along the corridor. Its open configuration and existing banquet use provide the key details for evaluating the space.
The unit occupies a corner at SR 312 and A1A Business, with frontage along the corridor. Its open configuration and existing banquet use provide the key details for evaluating the space.
Key Highlights
- 4,000‑square‑foot retail condominium
- Open interior currently used for overflow banquet functions
- At the corner of SR 312 and A1A Business
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,209
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$904,180
$904.2K
Cap Rate 7%
$645,843
$645.8K
Cap Rate 9%
$502,322
$502.3K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$72.0K $18.00/SF
− Vacancy
−$7.4K −$1.85/SF
EGI
$64.6K $16.15/SF
− OpEx
−$19.4K −$4.84/SF
NOI
$45.2K $11.30/SF
Area
St. Johns County, FL
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$904,180
Cap Rate 7%
$645,843
Cap Rate 9%
$502,322
Alternative Uses
Best Use
Retail
$645.8K
$565.1K – $753.5K
NOI $45,209 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$933.6K – $1.24M
NOI $74,688 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
425
Businesses Nearby
56k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 45%
Home Improvements & Furnishings 1%
McDonald's
Dining
23,436 visits/mo
0.1 miles
7-Eleven
Shops & Services
17,381 visits/mo
0.1 miles
Dollar General
Shops & Services
9,767 visits/mo
0.1 miles
Ameris Bank
Shops & Services
1,814 visits/mo
0.2 miles
Domino's Pizza
Dining
1,485 visits/mo
0.2 miles
Demographics for 32080, FL
21,889
Population
16,658
Households
1.3
Avg Household Size
57
Median Age
50%
College-Educated
96%
High-School Grad
15.7 sq mi
ZIP Area
1,394
Density / Sq Mi
$91,201
Median Household Income
$49,302
Median Earnings
$1,631
Median Rent
$497,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The space currently serves as overflow banquet area for an adjacent Italian restaurant.
Where is this retail space located?
The property is located at 1915 A1a S #RETAIL CONDO St Augustine, FL.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 4,000‑square‑foot retail condominium; Open interior currently used for overflow banquet functions; At the corner of SR 312 and A1A Business
