2898 Us-1 St. Augustine, FL 32086
- Retail properties
- 15,630 SF
Current Use by Public Records
- Retail properties
Property Details for 2898 Us-1
- Property size
- 15,630 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
Exceptional investment opportunity in St. Augustine, Florida! This 4.07-acre property boasts two buildings totaling 15,630 square feet, ideally suited for an auto shop, dealership, or other commercial uses. The main building features 11,938 square feet, including a 3,692-square-foot auto bay, offering ample space for repairs and maintenance. An additional 2,496-square-foot building provides versatile space for offices, storage, or showroom expansion. Ten garage bays, a showroom, waiting area, and covered canopy are included. The property's zoning (CI) allows for a variety of uses. Located on US Highway 1 South, this highly visible location benefits from a traffic count of 41,280 AADT, ensuring high visibility and accessibility. Convenient access to major roadways, including I-95 (less than 6 miles) and downtown St. Augustine (5 miles), enhances its appeal. The property is divisible into two 2-acre parcels, presenting further development potential. This turnkey operation offers significant upside for a savvy investor seeking a prime commercial location in a thriving market. The asking price is $4,900,000, with a price per square foot of $313.50.
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
- St. Johns
- State
- Florida
- Longitude
- -81.3223
- Latitude
- 29.8409
