Multi-Tenant Retail and Garage
2570 US HIGHWAY 1 S St Augustine, FL 32086
For Sale
$1,100,000
COMMERCIAL - St. Augustine, FL
Property Size3,920 SF
Lot Size0.56 Acres
Price / SF$280.61
Days on Market924
Property Features for 2570 US HIGHWAY 1 S
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bathroom 3
Parking features
Carport, Garage, Parking Lot
Standard status
Active
APN
2447300000
Size
3,920 SF
Lot size
0.56 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
7490
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1961
Floors in Building
1
Number of units
3
Flooring type
Tile
Building materials
Aluminum Siding, Stucco, Vinyl Siding
Roof type
Shingle
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
ASHLEY PIERATT · License #SL3500902
(904) 521-9886
Added: Jan 17, 2024
Changed: Jul 11
Last Checked: Jul 29 at 2:06PM
MLS# 2003980
Copyright © 2026 realMLS. 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 multi-tenant commercial property includes four distinct rental opportunities on a 0.56-acre lot with 100 feet of frontage on US 1 S. The site features a residential home that is currently rented yearly, a beauty shop with 8 booth rentals, a gun shop that is currently leased, and a separate oversized garage that can also be rented.
The property is positioned with Walmart across the street and AutoZone next door, supporting retail-oriented visibility along the main corridor.
Owner financing is available, and the property is also listed residentially. At 2570 US Highway 1 S in St. Augustine, it offers an investor-focused setup with multiple income streams under one ownership.
The property is positioned with Walmart across the street and AutoZone next door, supporting retail-oriented visibility along the main corridor.
Owner financing is available, and the property is also listed residentially. At 2570 US Highway 1 S in St. Augustine, it offers an investor-focused setup with multiple income streams under one ownership.
Key Highlights
- 0.56‑acre lot with 100 ft of frontage on US 1 S
- 4 income opportunities on one lot: rented residential home (yearly, May renewal), beauty shop with 8 booth rentals, and a leased gun shop
- Additional oversized garage that can be rented
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 | $70.6k | $18.00 |
| − Vacancy | −$7.3k | −$1.85 |
| EGI | $63.3k | $16.15 |
| − OpEx | −$19.0k | −$4.84 |
| NOI | $44.3k | $11.30 |
3,920 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$632.9K
$553.8K – $738.4K
NOI $44,305 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$914.9K – $1.22M
NOI $73,194 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- St. Augustine Florist — 2200 US-1, St. Augustine, FL 32086
- Flowers By Shirley — 2200 US-1, St. Augustine, FL 32086
- Tula Rose Floral & Event Design — 75 Dobbs Business Cir Ste 301, St. Augustine, FL 32086
- St Augustine Florist — 2121 US-1, St. Augustine, FL 32086
Frequently Asked Questions
What type of property is this?
Storefront property - Four separate rental opportunities on a 0.56-acre lot with 100 feet of frontage on US 1 S.
Where is this storefront property located?
The property is located at 2570 US HIGHWAY 1 S St Augustine, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 0.56‑acre lot with 100 ft of frontage on US 1 S; 4 income opportunities on one lot: rented residential home (yearly, May renewal), beauty shop with 8 booth rentals, and a leased gun shop; Additional oversized garage that can be rented