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Old Town Hotel Site 125 King St 4 338 pi² 100% Loué Commerce de détail Immeuble Saint Augustine, FL 32084 À vendre
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- Prime signalized corner in Historic Downtown St. Augustine- 8 Million Visitors/Year- More than the Grand Canyon- "Last Best" Redevelopment Site
- Zoning: CL-2 (Commercial Low-Two) – supports retail, hospitality, residential
- Potential for Covered Land Play: Strong In-Place Rents with room for growth in high demand sub-market
- 0.52-acre site with ~13,500 SF buildable per floor (up to 40,000 SF total)
- "Air Rights": Height Limit is 35’ (as-of-right), precedent exists for up to 50–65’ with exception
- No Historical Redevelopment Restrictions: Existing structure is not architecturally significant and can be re-developed
RÉSUMÉ DE L'ANNONCE
Market Force Commercial Real Estate is pleased to present 125 King Street, a rare redevelopment opportunity in the heart of historic St. Augustine, Florida. This signalized corner site is situated within one of the nation’s most visited downtown districts, offering an exceptional canvas for a mixed-use project incorporating hospitality, retail, and residential components.
Currently improved with a single-story retail building occupying just ~19% of its development potential, the property’s flexible CL-2 zoning allows for significant vertical and horizontal densification. Developers can build up to 35 feet (as-of-right) or pursue a height exception to approximately 50–65 feet, unlocking up to 40,000 SF across three to five stories.
The site’s location benefits from high pedestrian traffic, proximity to world-class attractions, and a strong tourism-driven economy with over 8 million annual visitors. Surrounding developments, including the San Sebastian Inland Harbor and the West King Mobility Project, reinforce the area’s momentum and provide strong comparables for retail and hospitality demand.
This offering represents an unmatched opportunity to create a flagship mixed-use destination in St. Augustine’s historic core.
Currently improved with a single-story retail building occupying just ~19% of its development potential, the property’s flexible CL-2 zoning allows for significant vertical and horizontal densification. Developers can build up to 35 feet (as-of-right) or pursue a height exception to approximately 50–65 feet, unlocking up to 40,000 SF across three to five stories.
The site’s location benefits from high pedestrian traffic, proximity to world-class attractions, and a strong tourism-driven economy with over 8 million annual visitors. Surrounding developments, including the San Sebastian Inland Harbor and the West King Mobility Project, reinforce the area’s momentum and provide strong comparables for retail and hospitality demand.
This offering represents an unmatched opportunity to create a flagship mixed-use destination in St. Augustine’s historic core.
SALLE DE DONNÉES Cliquez ici pour accéder à
- Operating and Financials
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
4 338 pi²
Classe d’immeuble
B
Année de construction/rénovation
1967/2020
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,19
Taille du lot
0,52 AC
Zone de développement économique
Oui
Zonage
CL-2 - Le zonage CL-2 permet la plupart des utilisations au centre-ville de Saint-Augustine
Stationnement
25 places (5,76 places par 1 000 pi² loué)
Façade
COMMODITÉS
- Lot de coin
- Affichage
- Intersection avec signalisation
- Service au volant
- Climatisation
Walk Score®
Très pratique à pied (86)
Bike Score®
Très cyclable (81)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 202280-0000 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 1 532 704 $ CAD |
Impôts fonciers
Numéro de lot
202280-0000
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
1 532 704 $ CAD
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Old Town Hotel Site | 125 King St
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