131 King Street Ext St. Augustine, FL 32084
This exceptional mixed-use property, located at 131 King Street in the heart of Historic St. Augustine, Florida, presents a unique investment opportunity. The 0.31-acre lot boasts 98 feet of frontage on King Street, offering unparalleled visibility in a high-traffic commercial corridor. The property includes a meticulously maintained 2,015 square foot building, constructed in 1915, featuring recent upgrades including plumbing, electrical, air conditioning, and a metal roof. The building's interior includes large display windows ideal for retail, open areas, multiple large rooms, a kitchenette, one full bathroom, and laundry hookups. An estimated 30 off-street parking spaces are available. The CL-2 zoning allows for a variety of uses, including retail, service businesses, galleries, or even a boutique hotel. Existing signage is grandfathered in. Surrounded by upscale and casual restaurants, shops, professional offices, galleries, trolley stops, and tourist attractions, this property benefits from a steady stream of pedestrian and over 17,500 vehicular traffic daily. The asking price is $2,000,000. The property's address is 131 King Street, St. Augustine, FL 32084. The lot size is 13,503.6 square feet, and the building is a single story.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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