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Office Units with Garage Storage
New
For Sale
$695,000

42 Palmer St, St Augustine, FL 32084

Improved office property with climate-controlled suites, enclosed garage space, and access from Palmer Street and Smith Street.

Property SizeContact for details
Days on Market3

Property Features for 42 Palmer St

General Information

Standard status Active
Property subtype Commercial
Zoning CL-1

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Office Units 2

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 4:31AM

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.

This office property at 42 Palmer Street includes two climate-controlled office suites, three garage bays, and access from both Palmer Street and Smith Street. The buildings date to 1935 and have received extensive improvements, including a new roof, windows, exterior doors, flooring, paint, insulation, plumbing, and partially updated electrical service. Each office includes a half bathroom, on-demand hot water, and an individual mini-split system for heating and air conditioning.

The garage component includes one attached bay and a detached two-bay structure with updated roll-up-style doors, insulated interiors, coated floors, and window air-conditioning units. The north detached bay is stubbed for water. The property has city water, underground water, sewer, and electrical utilities, along with enhanced parking, landscaping, irrigation, and brick pavers. CL-1 zoning governs proposed uses, conversions, and divisions. The site is in St. Augustine near the West King Street corridor and US-1.

Key Highlights

  • Two office suites with individual mini‑split HVAC systems and half bathrooms
  • Three garage bays, including one attached bay and a detached two‑bay garage
  • Access from both Palmer Street and Smith Street

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.

Lease Details

2
Office units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

521
Businesses Nearby

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
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Improved office property with climate-controlled suites, enclosed garage space, and access from Palmer Street and Smith Street.
Where is this office units located?
The property is located at 42 Palmer St St Augustine, FL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two office suites with individual mini‑split HVAC systems and half bathrooms; Three garage bays, including one attached bay and a detached two‑bay garage; Access from both Palmer Street and Smith Street
More about this property
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