82 Masters Dr - Office FOR SALE


Saint Augustine, FL 32084- Greater St Augustine
$1,650,000 USD
904-315-4253
82 Masters Dr, Saint Augustine, FL for Sale
$1,650,000 USD
Office - FOR SALE
1/19
null | Request Cap Rate

82 Masters Dr
Saint Augustine, FL 32084
Greater St Augustine


HIGHLIGHTS

  • Heavy Traffic Area

OVERVIEW

Positioned in the rapidly evolving West Augustine corridor at 74 & 82 Masters Drive, this dual-asset offering presents a rare combination of immediate stability and high-upside development potential. (includes parcel 109580-0000) Zoned CL-1(Commercial Low-One) and located within the City of St. Augustine, the property is perfectly suited for an investor or owner-user looking to capitalize on the area's commercial growth. The flexibility of this asset is what makes it so appealing. Enjoy the assurance of regular long term income produced by the four tenants while planning for expansion on the neighboring lot.(82 Masters Dr.) The businesses in place feature a multitude of uses including a yoga studio, boat equipment storage, and a guitar store. Listing includes Parcel 1 & 2 noted on photos. Seller Financing is available and terms are negotiable. CL-1 zoning allows for many uses including professional offices, restaurants, retail outlets, and professional services like hair or nail salons. There are also a number of uses by exception including car repair facilities and immediate care centers. Max building height of 35 feet. All information, including square footage and acreage, is deemed reliable but not guaranteed. Listing broker and seller do not warrant or represent the accuracy of any measurements or property dimensions contained herein. All interested parties and their agents are strongly encouraged to independently verify all measurements and property specifications prior to closing.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$825 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

CL-1

APN/PARCEL ID

109570-0000,109580-0000

ASK ABOUT THIS PROPERTY

Sammy HaleSuperior Real Estate ServicesMore Info
904-315-4253

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Sammy HaleSuperior Real Estate ServicesMore Info
904-315-4253

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