4508 Us Highway 1 St. Augustine, FL 32095
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Prime US-1 location, high growth area.
Property size:
3,277 SFProperty Features for 4508 Us Highway 1
General Information
- Property type
- Retail properties & Spaces
- Square Feet
- 3,277 SF
- Class
- B
- Lot Size
- 2,003,760 SF
Building Details
- Year Built/Renovated
- 1984/2010
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agent: Zach Lemke
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 3,277 square foot retail property, situated on a 4.6-acre lot at 4508 US-1 in St. Augustine, Florida, presents a unique investment opportunity. Built in 1984 and renovated in 2010, this single-story, Class B building boasts 100% occupancy and is currently configured as a restaurant with a drive-thru. The property is zoned CG, permitting a wide range of retail uses including restaurants, liquor stores, banks, and drive-thrus. Its strategic location on the northbound side of US-1, a major commuter route, ensures high visibility and accessibility to a substantial daytime population, including employees of nearby Northrop Grumman and the St. Johns County Government Complex. The area is experiencing significant growth, with numerous new residential developments adding to the strong local trade area. This property benefits from proximity to a thriving downtown core and a large affluent demographic. The asking price is $1,700,000, representing a price per square foot of $518.77 and a 6.00% cap rate. Separate liquor licenses for Duval and St. Johns Counties are available for purchase. Seller financing may be considered for qualified owner-operators. This is a rare opportunity to acquire a prime retail property in a rapidly expanding market. The property's strong location and versatile zoning make it an ideal investment for owner-users or sale-leaseback scenarios.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- St. Augustine
- County
- St. Johns
- State
- Florida
- Longitude
- -81.336703786466
- Latitude
- 29.943260647683
Nearby Similar for Sale
FAQs
What type of property is this?
Retail property - Prime US-1 location, high growth area.
Where is this retail property located?
The property is located at 4508 Us Highway 1 St. Augustine, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Prime US-1 N location, 35,000 cars daily.; Northbound US-1 location captures morning commuter traffic to Jacksonville.; Seller financing considered for qualified owner-operators.
