Skip To Content

111, 113 & 117 King Street

St Augustine, FL 32084
  • $3,390,000
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: 216150
UPDATED: 44 min ago
$3,390,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
04
Type:
Commercial
Built:
1962
County:
Area:
04

School Ratings & Info

Description

Four (4) Unit, Multi-Tenant Commercial Building consisting Two (2) Retail Tenant Spaces and Two (2) Restaurant Tenant Spaces located in the primary commercial entry corridor to the downtown historic district of the City of St. Augustine. This is a rare offering and the best opportunity to purchase an income producing building with on-site parking and rear alley access in one of most sought after downtown locations. The building is 100% occupied, however there will be space available in the near future while plans and financing arrangements can be made in order to accommodate your future business venture. Your business will capitalize on the existing high exposure from both vehicular & pedestrian traffic as well as the local sightseeing trolley/train tours filled with tourists year round. Please contact listing agent directly for all showings and do not approach tenants. Confidentiality agreement required for Principals and Agents for income/expense/lease information.

Monthly Payment Calculator



© 2021 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or The Newcomer Group. Data last updated 2021-10-18T06:31:20.68.
www.thenewcomergroup.com/homes/120721453
Print Image

111, 113 & 117 King Street St Augustine, FL 32084

  • Price: $3,390,000
  • Status: Active
  • Updated: 44 min ago
  • MLS #: 216150
0
Beds
0
Baths
0
½ Baths
0.5
Acres
1962
Built
Neighborhood:
04
County:
Saint Johns
Area:
04
Property Description
Four (4) Unit, Multi-Tenant Commercial Building consisting Two (2) Retail Tenant Spaces and Two (2) Restaurant Tenant Spaces located in the primary commercial entry corridor to the downtown historic district of the City of St. Augustine. This is a rare offering and the best opportunity to purchase an income producing building with on-site parking and rear alley access in one of most sought after downtown locations. The building is 100% occupied, however there will be space available in the near future while plans and financing arrangements can be made in order to accommodate your future business venture. Your business will capitalize on the existing high exposure from both vehicular & pedestrian traffic as well as the local sightseeing trolley/train tours filled with tourists year round. Please contact listing agent directly for all showings and do not approach tenants. Confidentiality agreement required for Principals and Agents for income/expense/lease information.
Exterior Features

Construction ConcreteMasonry Foundation Concrete Loading Dock YN No Location Business DistrictCity Limits Lot Size 0.50 Acres Misc Exterior Onsite ParkingPole SignSidewalks Parking Spaces 22 Roof FlatTar/Gravel

Interior Features

Flooring ConcreteWood Heating Cooling Central A/CElectricHeat Pump Office Sq Ft 0 Retail Sq Ft 10272

Property Features

Bank Corporate Owned YN No Business Description Retail & Restaurant Type Businesses Business Name Donut Exp.StaugiepizzaRisenvapeAntoinette's Cdd YN No Commercial Type RestaurantRetailStrip Center Electric 110 V Gas YN No Gross Annual Income 167788 Net Operating Income 130054 Operating Expenses 37734 Present Zoning Cl-1 Short Sale YN No Survey YN Yes Tax Year 2020 Taxes 20654 Tenancy Fully LeasedMultiple Tenants Tenant Pays Utilities Type Of Property Retail Waste Sewer Water CityPublic Water

Listing courtesy of First Coast Sotheby's International Realty.


© 2021 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or The Newcomer Group. Data last updated 2021-10-18T06:31:20.68.
 
https://bt-photos.global.ssl.fastly.net/staug/1280_boomver_1_216150-2.jpg https://bt-photos.global.ssl.fastly.net/staug/1280_boomver_1_216150-2.jpg https://bt-photos.global.ssl.fastly.net/staug/1280_boomver_1_216150-2.jpg
Logo
The Newcomer Group
770 A1A Beach Blvd Suite D
St. Augustine FL, 32080
> >