For Sale
$3,825,000

2350 Ponce De Leon BlvdSt. Augustine, FL 32084

High-Return Gas Station & Tire Center

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional St. Augustine property offers a lucrative investment opportunity. The 7,496 sq ft site includes a well-established Shell gas station, convenience store, and a thriving First Coast Tire & Service Center, operating from two buildings on a 0.6-acre lot. Built in 1986 and renovated in 2019, the property boasts 100% occupancy, generating a strong NOI of $393,358 and a 10.28% cap rate. Features include eight service bays, four gas pumps, 14-16' ceilings, and 3-phase power. The property is zoned CM-2, allowing for diverse commercial uses, including car washes, self-storage, or other ventures. The sale includes all business assets, offering immediate profitability and significant redevelopment potential. The current gas station operator will vacate upon sale. This turnkey operation presents a rare chance to acquire a high-performing business and prime real estate in a prime St. Augustine location (2350 N Ponce De Leon Blvd, St. Augustine, FL 32084). The asking price is $3,825,000. A Phase I ESA (2024) is available.

Highlights

  • High-visibility corner lot at a St. Augustine gateway, offering excellent ingress/egress.
  • Established, profitable First Coast Tire & Service Center business included.
  • 7,496 SF building on 0.60 acres with 8 service bays, fuel pumps, and signage.
  • Sale includes real estate, business assets, client lists, vendor agreements, and equipment.
  • No existing fuel service agreement; buyers can negotiate new terms.
  • Clean Phase I Environmental Site Assessment (ESA) completed in 2024; no further environmental investigation needed.

Property Details for 2350 Ponce De Leon Blvd

Property type
Specialty properties, Retail properties
Square Feet
7,496 SF
Class
B
Year Built/Renovated
1986/2019
Buildings
2
Stories
1
Lot Size (sq. ft)
26,136 SF
Units
2

Location Insight

City
St. Augustine
County
St. Johns
State
Florida
Latitude
29.913957294296
Longitude
-81.323531535603
2350 Ponce De Leon Blvd, St. Augustine, Florida

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2350 Ponce De Leon Blvd
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