Prime investment opportunity on major corridor in St. Augustine, FL! This property can be utilized in it's current state as a medical office or similar. Additionally, it can be redeveloped into a different type of business of your choosing that fits within the broad Commercial General zoning definition. The neighboring property to the South is included in this sale and creates an ideal size property for a major redevelopment play. Additionally, the ditch running along the East side of the parcels can be vacated and filled with an update to the permit that was previously approved. The filled ditch cannot be built on, but it can be used as parking. See attachment(s). Furthermore, the alleyway that abuts this property is well on it's way to being vacated by the County,(approximately 90 days away from approval) which will give the future owner nearly 2 acres total of developable sq. ft.
The current tenant's lease expires in approximately one year and does not include any extension options.