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11 Aviles St 16,898 SF 100% Leased Retail Building Saint Augustine, FL 32084 $14,724,382 CAD ($871.37 CAD/SF)



Executive Summary
11 Aviles Street.com is a fully restored mixed use property located in the heart of historic downtown St. Augustine on the oldest street in North America. The building features 18 units, including 7 commercial spaces and 11 residential apartments, all renovated between 2015 and 2023 with updated systems including HVAC, plumbing, electrical, and fire suppression. Originally the Hamlin Hardware Building, the property blends historic character with modern functionality and sits within the city’s premier art district, benefiting from strong foot traffic, tourism, and consistent demand. This is a rare opportunity to acquire a stabilized asset in one of Florida’s most iconic and high growth markets. Visit 11AvilesStreet.com for for more details.
11 Aviles Street presents a rare opportunity to acquire a fully restored mixed-use asset in the heart of downtown St. Augustine, the oldest city in the United States. Situated on Aviles Street, the oldest platted street in North America, this property offers a unique blend of historic character, modern infrastructure, and strong investment fundamentals in one of Florida’s most visited destinations. Originally constructed in the early twentieth century as the Hamlin Hardware Building, the property played a central role in the city’s commercial growth before evolving into a cornerstone of St. Augustine’s renowned art district. Today, it stands as a vibrant mixed-use asset surrounded by galleries, boutiques, and restaurants, with consistent pedestrian traffic driven by tourism and local events, including the monthly First Friday Art Walk. Between 2015 and 2023, the building underwent a comprehensive restoration with historic preservation in mind. The renovation preserved the architectural integrity of the structure while introducing modern systems designed for long term performance and efficiency. The property consists of 18 total units, including 7 commercial spaces and 11 residential apartments, all fully renovated. Interior features include restored hardwood flooring, custom finishes, and a rare hand operated historic elevator that serves as a centerpiece reflecting the building’s legacy. Major capital improvements include new electrical, plumbing, HVAC systems, spray foam insulation, a refurbished fire sprinkler system, and a complete exterior rebuild to the studs with new siding and a metal roof. Positioned within one of the most walkable and culturally significant corridors in the Southeast, 11 Aviles Street offers investors the opportunity to acquire a stabilized, high profile asset with long term appreciation potential and strong demand drivers tied to tourism, history, and the arts.
11 Aviles Street presents a rare opportunity to acquire a fully restored mixed-use asset in the heart of downtown St. Augustine, the oldest city in the United States. Situated on Aviles Street, the oldest platted street in North America, this property offers a unique blend of historic character, modern infrastructure, and strong investment fundamentals in one of Florida’s most visited destinations. Originally constructed in the early twentieth century as the Hamlin Hardware Building, the property played a central role in the city’s commercial growth before evolving into a cornerstone of St. Augustine’s renowned art district. Today, it stands as a vibrant mixed-use asset surrounded by galleries, boutiques, and restaurants, with consistent pedestrian traffic driven by tourism and local events, including the monthly First Friday Art Walk. Between 2015 and 2023, the building underwent a comprehensive restoration with historic preservation in mind. The renovation preserved the architectural integrity of the structure while introducing modern systems designed for long term performance and efficiency. The property consists of 18 total units, including 7 commercial spaces and 11 residential apartments, all fully renovated. Interior features include restored hardwood flooring, custom finishes, and a rare hand operated historic elevator that serves as a centerpiece reflecting the building’s legacy. Major capital improvements include new electrical, plumbing, HVAC systems, spray foam insulation, a refurbished fire sprinkler system, and a complete exterior rebuild to the studs with new siding and a metal roof. Positioned within one of the most walkable and culturally significant corridors in the Southeast, 11 Aviles Street offers investors the opportunity to acquire a stabilized, high profile asset with long term appreciation potential and strong demand drivers tied to tourism, history, and the arts.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
16,898 SF
Building Class
B
Year Built
1860
Price
$14,724,382 CAD
Price Per SF
$871.37 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.28
Lot Size
0.17 AC
Frontage
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 198950-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,185,168 CAD |
Property Taxes
Parcel Number
198950-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,185,168 CAD
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