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Remodeled Coworking Space
New
For Sale
$1,200,000

701 MARKET Street Unit 111, St Augustine, FL 32095

Remodeled coworking property with an existing tenant and lease escalations in place.

Property SizeContact for details
Days on Market6

Property Features for 701 MARKET Street Unit 111

General Information

Standard status Active

Additional Details

Cap Rate 8%

Building Details

Year Built 2007
Listing Agency: EXIT MAGNOLIA POINT REALTY
Listed By: DOUGLAS SENECAL
Source: Endlesssummerrealty
Added: Aug 18 Changed: Aug 22 Last Checked: Aug 22 at 5:59AM

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 EXIT MAGNOLIA POINT REALTY

Investment Insights

Based on property information with market context.

This coworking property at 701 MARKET Street Unit 111 was built in 2007 and has undergone a full remodel. An existing tenant occupies the space, with lease escalations in place. The property is positioned as an operating coworking asset with an 8 Cap ROI stated in the available information.

Key Highlights

  • Full remodel completed
  • Existing tenant in place
  • Lease escalations included

Property Analytics

Current Use

triedata (Bike/Boat/Book/etc) Store Nevin Engineering Services, ... Engineering Consultant Palencia Business Center Business Service Center Barbara J McDougall, ... Physician Purely Digital Marketing Marketing & Advertising

Suggested Use

Top Pick Auto Repair Shop Pharmacy (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Bakery Catering Service

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

192
Businesses Nearby

Demographics for 32095, FL

16,607
Population
6,997
Households
2.4
Avg Household Size
42
Median Age
53%
College-Educated
96%
High-School Grad
57.4 sq mi
ZIP Area
289
Density / Sq Mi
$124,556
Median Household Income
$51,986
Median Earnings
$1,576
Median Rent
$485,700
Median Home Value

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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Coworking space - Remodeled coworking property with an existing tenant and lease escalations in place.
Where is this coworking space located?
The property is located at 701 MARKET Street Unit 111 St Augustine, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Full remodel completed; Existing tenant in place; Lease escalations included
More about this property
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