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828 & 830 Anastasia Blvd

2 Retail Properties Offered at $3,756,295 CAD in Saint Augustine, FL

Investment Highlights

  • Zoned for CL-2 usage

Executive Summary

Opportunity to purchase two significant commercial parcels along the main artery to St. Augustine. Long established restaurant buildings centrally located between Historic St Augustine and St. Augustine Beach. CL-2 zoning allows for continued use as restaurant or flexibility exists with conversion to a variety of permitted uses. Important note is that these buildings have significant elevation and have not flooded in previous storms. The address of 828 Anastasia currently has a tenant in business for 40 years at the end of their current lease. Recent City approval to add outdoor deck and seating to 122 patrons. F/F/E, license and assets available separately. Possibility for a lease/option. Owner may separate and sell individually....Each restaurant tenant has a triple net lease.
Adjoining property, 830 Anastasia is operating as a 150 seat restaurant currently in first term lease. Great option to own and operate your restaurant or business and let the other tenant share in expenses. Direct highway frontage and visible signage make for a high visibility location along with ample on site parking. Major improvements in 2021/2022. All inquiries are confidential and an NDA must be received prior to release of additional information. Important not to approach tenants as this is an ongoing business.

Property Facts

Price $3,756,295 CAD
Price / SF $546.53 CAD / SF
Sale Conditions Lease Option
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 6,873 SF
Total Land Area 0.66 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
830 Anastasia Blvd, Saint Augustine, FL 32080 Retail 3,509 SF 1977 -
828 Anastasia Blvd, Saint Augustine, FL 32080 Retail 3,364 SF 1944 -
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  • Listing ID: 31246657

  • Date on Market: 2024-03-05

  • Last Updated:

  • Address: 828 & 830 Anastasia Blvd, Saint Augustine, FL

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