72 SPANISH Street, St. Augustine, FL 32084
$3,900,000
Property Type:
Commercial Sale
Square Footage:
5,506
Lot Size (sq. ft.):
6,098
Status:
Closed
Current Price:
$3,900,000
List Date:
9/02/2024
Last Modified:
2/07/2025
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
Business Type:
Restaurant; Retail
Construction Materials:
Concrete; Wood Siding
Cooling:
Central Air
Current Use:
Commercial
Listing Terms:
Cash; Conventional
Lot Features:
Historic Area
Parking Features:
On Street; Parking Lot
Road Frontage Type:
City Street
Roof:
Metal
Sale Includes:
Building & Land; Furniture, Fixtures and Equipment
Sewer:
Public Sewer
Utilities:
Sewer Connected; Water Connected
Water Source:
Public
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
More Information
Documents
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Listing Office:
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Last Updated: February - 07 - 2025
Information deemed reliable but not guaranteed.
