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5940 Us-1 10,000 SF Industrial Building Saint Augustine, FL 32095 $6,974,605 CAD ($697.46 CAD/SF)

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EXECUTIVE SUMMARY

Discover an unparalleled investment and redevelopment opportunity with this expansive 5.17-acre property, comprising six contiguous parcels zoned CI, OR, and RG1. Offering a unique blend of commercial and residential rental properties, this property boasts over 275 feet of prime frontage on US Hwy 1 North, with dual access from both US 1 and Capo Island Road.
This property features versatile commercial assets, including a three-bay warehouse suitable for various business operations, a brick building with an accompanying lot ideal for commercial ventures seeking high-visibility frontage, and a 6,356 sq ft warehouse and lot currently leased to a thriving golf cart business eager to remain until redevelopment.
The residential component includes a spacious 3,411 sq ft rear mobile home featuring 4 bedrooms, 3 bathrooms, and a large entertainment-ready rear addition. Multiple outbuildings and storage sheds are also included. Additionally, there is a single-wide mobile home, a duplex, and a block-constructed single-family home, all generating steady rental income.
All parcels are high and dry, located in desirable Flood Zone X, offering mixed-use zoning flexibility that supports diverse development possibilities. Positioned in the growth corridor between St. Augustine and Jacksonville, this property offers immense development potential.
The included parcel numbers are 0745500010, 0745500060, 0745500020, 0745500070, 0745500040, and 0745500050. Please do not approach tenants. All property showings must be accompanied by the listing agent.
This property presents an extraordinary chance to capitalize on the dynamic growth of US Hwy 1 North. Whether maintained as a profitable investment or redeveloped into a visionary commercial and residential hub, the potential for long-term returns is immense.

PROPERTY FACTS

Price $6,974,605 CAD
Price Per SF $697.46 CAD
Sale Type Investment
Property Type
Industrial
  • General Retail Storefront Retail/Office
  • Industrial Warehouse
  • Office Office Residential
Building Class C
Lot Size 5.17 AC
Rentable Building Area 10,000 SF
No. Stories 1
Year Built 1945
Tenancy Single
Zoning CI OR & RG1 - Commercial Residential Office

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
074550-0060
Land Assessment
$19,964 CAD
Improvements Assessment
$0 CAD
Total Assessment
$19,964 CAD
  • Listing ID: 34213653

  • Date on Market: 2024-12-16

  • Last Updated:

  • Address: 5940 Us-1, Saint Augustine, FL 32095

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