102 San Marco Ave - Restaurant FOR SALE


Saint Augustine, FL 32084- Uptown St Augustine
$5,600,000 USD
904-669-5099
102 San Marco Ave, Saint Augustine, FL for Sale
$5,600,000 USD
Restaurant - FOR SALE
1/71
null | 6.5% Cap Rate

NEW


102 San Marco Ave
Saint Augustine, FL 32084
Uptown St Augustine


HIGHLIGHTS

  • High visibility on San Marco Avenue
  • Spacious interior for flexible layout
  • Ample parking for customers
  • Strong potential for foot traffic
  • Modern amenities within historic charm
  • 150 Seats Indoor Capacity plus Outside Seating

OVERVIEW

Positioned on highly visible San Marco Avenue in the heart of historic St. Augustine, the Raintree Restaurant offers exceptional exposure along one of the city’s primary north-south corridors, connecting visitors directly to downtown, and the surrounding historic district. The property benefits from its strategic location near St. George Street, hotels, bed and breakfasts, and popular tourist destinations, ensuring consistent local and visitor traffic throughout the year. Ample on-site parking, a rarity in St. Augustine, further enhances customer accessibility and operational ease for continued restaurant or alternative hospitality uses. Offered for sale is the landmark Raintree Restaurant, a celebrated dining destination with over 45 years of continued successful operation in St. Augustine. Housed in a charming Victorian structure with lush outdoor garden spaces, the property offers a turnkey opportunity for a restaurateur or hospitality investor seeking an established location with a strong customer base and proven history. The restaurant’s website raintreerestaurant.com showcases its reputation for quality dining experiences in a distinctive setting, drawing both locals and tourists. With its excellent visibility, established brand recognition, and rare on-site parking, the Raintree is well-positioned for new ownership to continue and expand upon its legacy in one of Florida’s most visited historic cities.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$949 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Raintree Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1879

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

Commercial Low Two

APN/PARCEL ID

192830-0000,192850-0000

ASK ABOUT THIS PROPERTY

Joe HatinBerkshire Hathaway - Florida Network RealtyMore Info
904-669-5099

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Joe HatinBerkshire Hathaway - Florida Network RealtyMore Info
904-669-5099

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.