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604 Anastasia Blvd 4,048 SF Retail Building Saint Augustine, FL 32080 $2,554,434 CAD ($631.04 CAD/SF) 5.07% Cap Rate
Investment Highlights
- 4,048 SF turn-key restaurant with 99-person occupancy capacity — ready for immediate operations
- Hard corner location with full ingress/egress and 28 dedicated on-site parking spaces
- St. Augustine attracts 5M+ annual visitors generating $3.8B in annual economic impact
- CL-2 zoning allows café, bar, retail, medical office, and professional office uses
- Along Anastasia Blvd (A1A South) with ~22,500 VPD connecting downtown to St. Augustine Beach
- Located ~1.2 miles from Historic Downtown and minutes from Flagler College
Executive Summary
Broker Of Record
Kyle Matthews
Matthews Real Estate Investment Services, Inc
BK3554632, CQ1066435 (FL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550
Kyle Matthews
Matthews Real Estate Investment Services, Inc
BK3554632, CQ1066435 (FL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,048 SF
Building Class
C
Year Built/Renovated
1964/2004
Price
$2,554,434 CAD
Price Per SF
$631.04 CAD
Cap Rate
5.07%
NOI
$129,425 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.36 AC
Zoning
CL2
Parking
30 Spaces (7.41 Spaces per 1,000 SF Leased)
Frontage
127’ on Anastasia Blvd
Amenities
- Corner Lot
- Restaurant
- Security System
- Signage
- Air Conditioning
Somewhat walkable
30/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 218520-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,171,272 CAD |
Property Taxes
Parcel Number
218520-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,171,272 CAD
Contacts
-
Jessica Humphreys -
Andrew Doerr -
Jake Lurie -
Matthews Real Estate Investment Services
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604 Anastasia Blvd
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