For Sale
$749,900

2528-2530 Us Highway 1St. Augustine, FL 32086

Prime St. Augustine Office Duplex, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a two-unit Class C office building situated on a 7,405.2 sq ft lot at 2528-2530 US Highway 1 in St. Augustine, Florida (zip code 32086). Offered at $749,900, this property boasts high visibility and traffic flow due to its prime location. The building, constructed in 1984, includes two separate office units. One unit is currently leased, providing immediate rental income. The second unit has recently undergone a complete renovation, featuring fresh paint and new flooring, making it immediately ready for occupancy. Unit 2528 comprises three office rooms, while unit 2530 offers five. Each unit includes a private bathroom, and a shared public restroom is also available. Significant recent improvements include a new roof (2015), new water lines (2016), a new hot water heater (2020), and new HVAC systems in 2022 and 2023. This property presents a unique opportunity for owner-occupancy, combining the benefits of operating your own business with the potential for substantial rental income from the second unit. The property's strong location, recent upgrades, and dual-use potential make it an attractive investment for both seasoned investors and first-time buyers.

Highlights

  • Exceptional investment opportunity: Two-unit Class C office building on a 7,405.2 sq ft lot in St. Augustine, FL (32086), offered at $749,900.
  • High-visibility location on US Highway 1 with strong traffic flow.
  • 1984-built building with two separate office units; one leased, one renovated.
  • Recent renovations include new paint, flooring, roof (2015), water lines (2016), hot water heater (2020), and HVAC (2022/2023).
  • Unit sizes: 3 offices in one unit, 5 offices in the other; each with private bath, plus shared restroom.
  • Ideal for owner-occupancy with potential for rental income.

Property Details for 2528-2530 Us Highway 1

Property type
Office properties
Class
C
Year Built
1984
Units
2

Location Insight

City
St. Augustine
County
St. Johns
State
Florida
Latitude
29.8503418
Longitude
-81.322328
2528-2530 Us Highway 1, St. Augustine, Florida

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2528-2530 Us Highway 1
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