2575 Us-1
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2575 Us-1
6,384 SF 19% Leased Retail Building Saint Augustine, FL 32086 $4,394,002 CAD ($688 CAD/SF)
Executive Summary
RARE REDEVELOPMENT OPPURTUNITY 300FT ON US1 SOUTH! The land is 2.23 acres totaling 97,138 SF. Zoned CI Commercial Intensive with Mixed Used Land Use (descriptions in Docs). It has 300 feet of Us1 frontage and a daily traffic count of ruffle 39,500. The property has four designated entrances, 2 on each end. Current taxes are roughly $15,500. This property has county water, sewer and gas, as well as an operating well and septic.
Southern building-(1) was built in 1980, is 5,152 SF and has 3 leasable units. Building is on well and septic. Septic was pumped in 2023 by Burney's Septic. Arnett A/C services the 4 A/C units and has 4 power meters. Two drive accesses.
Northern building- (2) was built in 1959, is 1232 SF. Building includes Grease trap and grind pump. Building is on county water, gas, and sewer with a lift station running under us1. In 2010 200-amp service was installed. It has two A/C units. Currently leased as a restaurant.
Restaurant tenant will be given six months from time of sale to ether renegotiate lease terms with new owner or vacate.
Southern building-(1) was built in 1980, is 5,152 SF and has 3 leasable units. Building is on well and septic. Septic was pumped in 2023 by Burney's Septic. Arnett A/C services the 4 A/C units and has 4 power meters. Two drive accesses.
Northern building- (2) was built in 1959, is 1232 SF. Building includes Grease trap and grind pump. Building is on county water, gas, and sewer with a lift station running under us1. In 2010 200-amp service was installed. It has two A/C units. Currently leased as a restaurant.
Restaurant tenant will be given six months from time of sale to ether renegotiate lease terms with new owner or vacate.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,384 SF
Building Class
C
Year Built
1980
Price
$4,394,002 CAD
Price Per SF
$688 CAD
Percent Leased
19%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Land Acres
2.27 AC
Zoning
CI - Commercial Intensive
Parking
20 Spaces (3.13 Spaces per 1,000 SF Leased)
Frontage
300 ft on Us-1
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 162490-0000 | Improvements Assessment | $645,361 CAD |
| Land Assessment | $1,101,491 CAD | Total Assessment | $1,746,853 CAD |
PROPERTY TAXES
Parcel Number
162490-0000
Land Assessment
$1,101,491 CAD
Improvements Assessment
$645,361 CAD
Total Assessment
$1,746,853 CAD
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Gloria Worley -
CENTURY 21 St. Augustine Properties, Inc.
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