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72 SPANISH Street, St. Augustine, FL 32084
Overview
Description
Supplements: ... (Read more) Introducing an iconic opportunity for retail and restaurant investors - a stunning 5,506 SF building steeped in history and character. Built in 1930, this property exudes timeless charm and is nestled within the downtown historic district of St. Augustine, with Historic Preservation Three zoning classification which accommodates the existing restaurant use. Imbued with a rich heritage, the building presents a unique canvas for creating an unforgettable retail or dining experience. With its historic allure and prime location, this property holds immense potential for investors seeking to craft a distinctive presence in the thriving St. Augustine culinary scene. Architectural plans, survey and property brochure are available in documents.
Listing Details MLS# 2045329
General Property Information
- Building Area Total
- 5506
- Building Area Source
- Public Records
- Year Built
- 1930
- Building Name
- The Floridian
- Lot Size Acres
- 0.14
- Water Body Access YN
- No
- Waterfront YN
- No
- Directions
- From US 1 South/N. Ponce de Leon Blvd, head east on Orange Street, right hand turn on Cordova Street. Head south on Cordova Street, take a right on Treasury Street, then left on Spanish Street. Property is on west side of Street, across from paid, public parking lot.
- Public Remarks
- Discover the vibrant potential of The Floridian's epic location in the historic district of downtown Saint Augustine, Florida. Positioned in the heart of the bustling retail and culinary scene, this area promises a rich tapestry of attractions for end users and savvy investors seeking a prime restaurant location. Nearby destinations such as St. George Street, with its eclectic shopping and dining opportunities, draw in tourists and locals alike. Experience the charm and allure of this landmark locale, strategically situated to leverage the continuous growth of the Jacksonville submarket. With its unique mix of history and contemporary vibrancy, The Floridian's location offers an exceptional opportunity for restaurant ventures seeking to make a lasting mark in this dynamic setting. The existing business is not included, real property only plus FF&E convey. Purchase of a liquor license is not required as seating capacity is over 150 seats. Sale Leaseback Option with 7% Cap is available.
- List Price/SqFt
- 771.89
- Sold Price/SqFt
- 708.32
Property Features
Contract Information
- Listing Contract Date
- 2024-09-01
- Property Sub Type
- Retail
Location Tax and Legal
- Street Number
- 72
- Street Name
- SPANISH
- Street Suffix
- Street
- County
- St. Johns
- State
- FL
- Postal Code
- 32084
- MLS Area Major
- 322-Downtown St Augustine
Status Change Information
- Major Change Timestamp
- 2025-02-07T15:20:46Z
- Major Change Type
- Status Change
- Purchase Contract Date
- 2024-10-03
- Close Date
- 2025-02-06
- Close Price
- 3900000
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 1983400000
- Tax Annual Amount
- 29738.49
- Tax Year
- 2023
More Information
Construction Materials
- Concrete
- Yes
- Wood Siding
- Yes
Cooling
- Central Air
- Yes
Current Use
- Commercial
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Historic Area
- Yes
Parking Features
- On Street
- Yes
- Parking Lot
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Metal
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Sewer Connected
- Yes
- Water Connected
- Yes
Water Source
- Public
- Yes
Business Type
- Restaurant
- Yes
- Retail
- Yes
Sale Includes
- Building & Land
- Yes
- Furniture, Fixtures and Equipment
- Yes
Documents

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