Crescent Beach Self Storage and 5701-5703 A1A South 6,685 SF 60% Leased Retail Building Saint Augustine, FL 32080 $3,336,305 CAD ($499.07 CAD/SF)

This unique land assemblage consists of five contiguous parcels totaling a prime footprint along S. A1A in St. Augustine, Florida—one of the region’s most desirable coastal corridors. The property is currently improved with a ±1,680 SF retail building, a 23-unit self-storage facility, and 16 secured boat/RV parking spaces, offering immediate income potential with value-add upside.
Positioned in a high-demand area with strong visibility and accessibility, the site benefits from Commercial General (CG) zoning, allowing for a wide range of retail and commercial uses. This flexible zoning supports various development opportunities, including retail centers, service-oriented businesses, or mixed-use concepts (see attached permitted uses).
Investors and developers will recognize the significant potential for redevelopment or expansion. The existing boat/RV storage component is particularly attractive given the area's proximity to the Intracoastal Waterway and strong demand for marine and recreational storage. Alternatively, the site’s size and zoning make it well-suited for a more intensive commercial project that capitalizes on the growing St. Augustine market.
Whether pursuing a repositioning strategy, expanding current operations, or developing a new commercial concept, this property offers a rare opportunity to control a sizeable assemblage in a premier coastal location. Financials are "Proforma" based on full occupancy. Current occupancy is 60% with Gross Income being $92,640 per year.