2640 Us-1 St. Augustine, FL 32086
- Specialty properties
- 1,542 SF
- 1.33 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 2640 Us-1
- Year built
- 1959
- Lot size
- 1.33 lot acres
- Property size
- 1,542 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional 1,542 sq ft retail property at 2640 US-1 in St. Augustine, FL (32086) presents a unique investment opportunity. Situated on a 1.33-acre lot (57,935 sq ft) with 200 feet of prime US-1 frontage, this location boasts an estimated 40,000 cars per day. The single-tenant building, constructed in 1959 and extensively renovated in 2024, features a new roof, plumbing, paint, and flooring. The property is zoned CI and has ample parking and storage. Previous uses include retail, car rentals, a car dealership, and a restaurant/bar, demonstrating its versatility. The seller will consider a long-term land lease of the northern section to a national tenant or a lease of the entire 1.33 acres, allowing for demolition of the existing building and build-to-suit development of multiple establishments. This prime location is ideal for various businesses, including fast food, oil change, coffee shops, tire shops, car rentals, car/RV dealerships, banks, and car washes. The property's APN is 2447700000. This is a rare chance to acquire a highly visible and versatile commercial property in a thriving area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Augustine
- County
- State
- Florida
- Longitude
- -81.3225
- Latitude
- 29.8476