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

Property Details for 2528-2530 Us Highway 1

Year built

1984

Property type

Office properties

Property subtype

Other office properties

Description

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.

Location Insight

City

St. Augustine

County

St. Johns

State

Florida

Latitude

29.8503

Longitude

-81.3223

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