Under contract

Active Under Contract

72 SPANISH Street

St Augustine FL, 32084

$4,250,000


$771.89 per sqft

Under contract

Active Under Contract

5,506 sqft

Commercial

Built in 1930

Discover the vibrant potential of The Floridian's epic location in the historic district of downtown Saint Augustine, Florida. Positioned in the heart of the bustling retail and culinary scene, this area promises a rich tapestry of attractions for end users and savvy investors seeking a prime restaurant location. Nearby destinations such as St. George Street, with its eclectic shopping and dining opportunities, draw in tourists and locals alike. Experience the charm and allure of this landmark locale, strategically situated to leverage the continuous growth of the Jacksonville submarket. With its unique mix of history and contemporary vibrancy, The Floridian's location offers an exceptional opportunity for restaurant ventures seeking to make a lasting mark in this dynamic setting. The existing business is not included, real property only plus FF&E convey. Purchase of a liquor license is not required as seating capacity is over 150 seats. Sale Leaseback Option with 7% Cap is available. Introducing an iconic opportunity for retail and restaurant investors - a stunning 5,506 SF building steeped in history and character. Built in 1930, this property exudes timeless charm and is nestled within the downtown historic district of St. Augustine, with Historic Preservation Three zoning classification which accommodates the existing restaurant use. Imbued with a rich heritage, the building presents a unique canvas for creating an unforgettable retail or dining experience. With its historic allure and prime location, this property holds immense potential for investors seeking to craft a distinctive presence in the thriving St. Augustine culinary scene.

Architectural plans, survey and property brochure are available in documents.

2045329

MLS ID

September 2, 2024

Listed

November 27, 2024

Updated

Map

72 SPANISH Street
St Augustine FL, 32084

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

Historic Area


Roof

Metal


Sewer

Public Sewer

Other Property Details

Area Name

322-Downtown St Augustine


Taxes

$29,738


Tax Frequency

Annually


Days on Market

86


Garage

No


View

No


County

St. Johns


Water Source

Public


Pool

No

Listing History

Date

Event

Price

10/16/2024

Under contract

Courtesy of BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/27/2024 8:01 PM UTC. 

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northeast Florida Multiple Listing Service (DBA as realMLS) (last updated 11/27/2024 8:01 PM UTC). 

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Data last updated 8:01 PM UTC, 11/27/2024

 

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