125 King St 4,338 SF 100% Leased Retail Building Saint Augustine, FL 32084 £2,904,533 (£669.56/SF)
INVESTMENT HIGHLIGHTS
- Heavy Foot and Car Traffic
- Value Add or Redevelopment Opprtunity
- Located in Historic Downtown
EXECUTIVE SUMMARY
The commercial property at 125 King Street in St. Augustine, FL, is a prime mixed-use retail building located in the vibrant historic district, renowned for its high pedestrian and tourist traffic. Positioned on a signalized corner, this property is ideal for retail or other commercial tenants seeking maximum exposure and convenient access. The versatile CL-2 zoning allows for a range of commercial uses, enhancing its appeal for diverse tenants. This property offers exceptional redevelopment potential with its prime location and flexible zoning. Occupying a prominent corner lot, this building offers exceptional visibility and accessibility, catering to both local patrons and tourists visiting St.Augustine’s historic district. With approximately 4,338 square feet of space, the property provides flexible layout options tailored to tenant needs.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,338 SF
Building Class
B
Year Built
1967
Price
£2,904,533
Price Per SF
£669.56
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.19
Lot Size
0.52 AC
Opportunity Zone
Yes
Zoning
CL-2 - CL-2 Zoning allows most uses in downtown St. Augustine
Parking
25 Spaces (5.76 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Signage
- Signalised Junction
- Drive Thru
- Air Conditioning
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 202280-0000 | Improvements Assessment | £234,610 |
| Land Assessment | £605,971 | Total Assessment | £840,581 |
