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5940 Us Highway 1

St Augustine, FL 32095
  • $3,500,000
  • STATUS: Active Under Contract
  • ON SITE: 120 Days
  • MLS #: 221882
Under Contract
UPDATED: 13 min ago
$3,500,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
01
Type:
Commercial
Built:
1945
County:
Area:
01

School Ratings & Info

Description

This property consists of 6 Parcels for a total of 5.17 Acres. The property is zoned CI, OR, & RG1 with a mixed use of commercial rental properties, residential rental properties, and a primary residential home. Most tenants are long term, but not on written leases. Perfect for a redevelopment opportunity, there is over 275 feet of frontage on US 1 North, with access from US1 as well as from the back side of the parcels on Capo Island Road. Currently the property owner uses the rear mobile home as living quarters that consists of 3411 conditioned sq ft with 4 bedrooms, 3 bathrooms, and a massive addition on the rear for entertaining. There are multiple outbuildings and sheds on that parcel as well. The parcels in front of that one include a single wide mobile home, a duplex, and a block single family home all providing income. The parcels that front the highway are currently commercial businesses and include a 3 bay warehouse used for the owners personal business, an brick building with lot rented to a paver company, and a 6,356 sq ft warehouse and additional lot that is leased to a golf cart business. All of the contiguous parcels are high and dry, and located in flood zone X. Seller will not split parcels or sell separately. Included Parcel #'s 0745500010, 0745500060, 0745500020, 0745500070, 0745500040, & 0745500050. Please do not approach tenants, and listing agent must accompany showings.

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© 2022 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively 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 is believed to be accurate but not guaranteed by the MLS or 97Park. Data last updated 2022-07-01T21:31:23.307.
www.97park.com/homes/126259524
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5940 Us Highway 1 St Augustine, FL 32095

  • Price: $3,500,000
  • Status: Active Under Contract
  • On Site: 120 Days
  • Updated: 13 min ago
  • MLS #: 221882
0
Beds
0
Baths
0
½ Baths
1
Acres
1945
Built
Neighborhood:
01
County:
Saint Johns
Area:
01
Property Description
This property consists of 6 Parcels for a total of 5.17 Acres. The property is zoned CI, OR, & RG1 with a mixed use of commercial rental properties, residential rental properties, and a primary residential home. Most tenants are long term, but not on written leases. Perfect for a redevelopment opportunity, there is over 275 feet of frontage on US 1 North, with access from US1 as well as from the back side of the parcels on Capo Island Road. Currently the property owner uses the rear mobile home as living quarters that consists of 3411 conditioned sq ft with 4 bedrooms, 3 bathrooms, and a massive addition on the rear for entertaining. There are multiple outbuildings and sheds on that parcel as well. The parcels in front of that one include a single wide mobile home, a duplex, and a block single family home all providing income. The parcels that front the highway are currently commercial businesses and include a 3 bay warehouse used for the owners personal business, an brick building with lot rented to a paver company, and a 6,356 sq ft warehouse and additional lot that is leased to a golf cart business. All of the contiguous parcels are high and dry, and located in flood zone X. Seller will not split parcels or sell separately. Included Parcel #'s 0745500010, 0745500060, 0745500020, 0745500070, 0745500040, & 0745500050. Please do not approach tenants, and listing agent must accompany showings.
Exterior Features

Lot Size 43560

Interior Features

Office Sq Ft 10000

Property Features

Bank Corporate Owned YN No Business Description Commercial And Residential Rental Properties Business Name None Cdd YN No Short Sale YN No Tax Year 2021 Taxes 3500.35 Type Of Property Investment

Listing courtesy of Great Expectations Realty.


© 2022 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively 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 is believed to be accurate but not guaranteed by the MLS or 97Park. Data last updated 2022-07-01T21:31:23.307.
 
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St. Augustine FL, 32084