5940 US-1, St. Augustine, FL 32095 (MLS# 1157496)

5940 US-1, St. Augustine, FL 32095

$3,100,000
Property Type: Commercial Sale Square Footage: 2,843 Status: Closed
Current Price: $3,100,000 List Date: 3/09/2022 Last Modified: 2/13/2025

Overview

Description

This property consists of 6 Parcels for a total of 5.17 Acres. The property is zoned CI, OR, & RG1 with a mixed use of commercial rental properties, residential rental properties, and a primary residential home. Most tenants are long term, but not on written leases. Perfect for a redevelopment opportunity, there is over 275 feet of frontage on US 1 North, with access from US1 as well as from the back side of the parcels on Capo Island Road. Currently the property owner uses the rear mobile home as living quarters that consists of 3411 conditioned sq ft with 4 bedrooms, 3 bathrooms, and a massive addition on the rear for entertaining. There are multiple outbuildings and sheds on that parcel as well.

Supplements: The parcels in front of that one include a single wide mobile home, a duplex, and a block single family home all providing income. The parcels that front the highway are currently commercial businesses and include a 3 bay warehouse used for the owners personal business, an brick building with lot rented to a paver company, and a 6,356 sq ft warehou ...

Listing Details MLS# 1157496

General Property Information

Building Area Total
2843
Building Area Source
Public Records
Water Body Access YN
No
Waterfront YN
No
Directions
From US1 and SR 16, North on US1 to property on right
Public Remarks
This property consists of 6 Parcels for a total of 5.17 Acres. The property is zoned CI, OR, & RG1 with a mixed use of commercial rental properties, residential rental properties, and a primary residential home. Most tenants are long term, but not on written leases. Perfect for a redevelopment opportunity, there is over 275 feet of frontage on US 1 North, with access from US1 as well as from the back side of the parcels on Capo Island Road. Currently the property owner uses the rear mobile home as living quarters that consists of 3411 conditioned sq ft with 4 bedrooms, 3 bathrooms, and a massive addition on the rear for entertaining. There are multiple outbuildings and sheds on that parcel as well.
List Price/SqFt
1231.09
Sold Price/SqFt
1090.4

Property Features

Current Use: Commercial Parking Features: On Street Sewer: Septic Tank Water Source: Private

Contract Information

Listing Contract Date
2022-03-01
Property Sub Type
Mixed Use

Location Tax and Legal

Street Number
5940
Street Name
US-1
County
St. Johns
State
FL
Postal Code
32095
MLS Area Major
313-Whitecastle/Airport Area

Status Change Information

Major Change Timestamp
2022-07-19T19:49:29Z
Major Change Type
Status Change
Purchase Contract Date
2022-05-06
Close Date
2022-07-15
Close Price
3100000

Historical Information

Public Historical Remarks 1
Road Surface: Asphalt Road, Approx. Total SqFt: 0.00
Public Historical Remarks 3
Current Zoning: CI

More Information

Location, Tax, and Legal

Parcel Number
0745500070

Current Use

Commercial
Yes

Parking Features

On Street
Yes

Sewer

Septic Tank
Yes

Water Source

Private
Yes
Listing Office: GREAT EXPECTATIONS REALTY
Source MLS Verified
Last Updated: February - 13 - 2025
Information deemed reliable but not guaranteed.