2692 Us-1 - Office FOR SALE


Saint Augustine, FL 32086- Greater St Augustine
$1,500,000 USD
904-827-1717
2692 Us-1, Saint Augustine, FL for Sale
$1,500,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

NEW


2692 Us-1
Saint Augustine, FL 32086
Greater St Augustine


HIGHLIGHTS

  • Flexible Space Configurations: The building is designed with 20 individual offices that can be combined to accommodate varying tenant needs.
  • High Exposure Location: The property’s prime positioning on US-1 ensures excellent visibility and accessibility, attracting a steady stream of tenants
  • Diversified Tenant Base: The mix of small office spaces is ideal for attracting a broad range of tenants ensuring consistent occupancy
  • Short-Term Rental Potential: The building is also well-suited for short-term leases, providing flexibility to capture premium rents from businesses.

OVERVIEW

Prime Investment Opportunity – Multi-Tenant Office Building with Strong Income Potential Located on high-traffic US-1 in St. Augustine, FL, this two-story office building presents a unique opportunity for investors seeking consistent cash flow and long-term value. With 20 individual office units, each suitable for single or multi-person occupancy, this property offers a versatile layout that can be easily customized to meet tenant demand. Purchase includes the neighboring house at 101 Gerona Street that could be rezoned to allow additional commercial use or expansion. This office building is an excellent addition to any investment portfolio, combining strong location, flexible rental options, and the potential for steady income growth. Don't miss the chance to invest in a property with substantial upside and minimal overhead.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$245 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Gerona Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

CG

APN/PARCEL ID

244780-0212

ASK ABOUT THIS PROPERTY

Bob BuckmasterColdwell Banker Commercial Premier PropertiesMore Info
904-827-1717

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

Bob BuckmasterColdwell Banker Commercial Premier PropertiesMore Info
904-827-1717

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