40 S DIXIE HWY new

St. Augustine,FL 32084

$ 749000

- Bed

2 Baths

1369 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,369 sqft

Price per Sqft $547

MLS Listing ID 2106741

HOA Y/N No

Year Built 1897

Annual Tax Amount $5,331

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Retail

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

Prime West Augustine Commercial Property with Unlimited Growth Potential! This historic investment property has been an iconic and favorite gathering place for locals and tourists alike for many years. Located in the heart of the trendy WestAugustine district, within the Historic City limits, this property offers a rare mix of immediate income and future growth potential. Zoned CL-1 and spanning three lots, it's an ideal opportunity for restaurant/office entrepreneurs, investors, or developers. The existing building is designed to seat 50+ guests, featuring indoor and outdoor dining areas, a welcoming front porch, two entrances, two bathrooms, and ADA accessibility. Two off-street parking areas provide approximately 30 parking spaces, offering convenience for both patrons and staff. Recent upgrades include updated wood lap siding, exterior paint, window frames, interior paint, a modern grease trap, signage, and an on-site storage shed. Beyond its current use, the additional land allows for a multitude of possibilities: build another structure, create an income-producing nightly vacation rental, or construct a private residence on the back lot. This flexibility makes the property valuable both for today's operations and tomorrow's investment. This offering is for the real estate only, with business and restaurant equipment are negotiable separately. Owner financing is available. Please do not approach the tenant. ***Contact us today for details and to schedule a private tour of this notable historic commercial property.

Location

State FL

County St. Johns

Area 337-Old Moultrie Rd/Wildwood

Direction From US 1 Downtown, take West King Street to left on Pellicer LN/Old Dixie HWY ~follow to 40 Old Dixie HWY on right.

Exterior

Parking Features Off Street

Roof Type Metal

Private Pool No

Building

Lot Description Split Possible

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 1247200000

Acceptable Financing Cash,Conventional,Owner May Carry

Listing Terms Cash,Conventional,Owner May Carry

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