2350 Ponce De Leon BlvdSt. Augustine, FL 32084

Property Details for 2350 Ponce De Leon Blvd

Year built

1986

Lot size

0.60 AC

Property size (Sq ft)

7,496 SF

Property type

Investment properties

Property subtype

Other specialty properties

Description

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.

Location Insight

City

St. Augustine

County

St. Johns

State

Florida

Latitude

29.914

Longitude

-81.3235

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].