Exxon

2450 Florida 16 St. Augustine, FL 32092

2450 Florida 16, St. Augustine, FL, 32092
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FOR SALE
Property Type:
Strip Center
Amount:
$3,500,000
Last Verified:
Oct 28, 2024

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Highlights

  • - High visibility
  • - Prime location in St. Augustine, FL
  • - Four (4) units
  • - Zoned CHT

Description

Introducing the ideal investment opportunity in St. Augustine, FL - a well-appointed 9,077 SF retail property, comprised of 4 units. Zoned CHT, this versatile building offers a strategic location for retail, strip center, and convenience store investors seeking to capitalize on the thriving St. Augustine market. With its spacious layout and prime zoning, this property presents a compelling opportunity to maximize returns and attract a diverse range of tenants. Don't miss the chance to own a piece of this dynamic market and elevate your investment portfolio with this exceptional property.

Positioned at the highly visible intersection of I-95 and SR-16, this property offers an unbeatable location at the gateway to historic St. Augustine. SR-16 serves as the main corridor into the city, making this a prime real-estate spot looking to capture the attention of thousands of visitors and tourists as they drive into the oldest city in America.
This ideal location not only offers high traffic and visibility but is also nestled within the vibrant St. Augustine community. Enjoy convenient access to major attractions such as the World Golf Hall of Fame, St. Augustine Premium Outlets, and St. Augustine’s beautiful beaches. The area beautifully blends rich history with modern amenities, offering a unique mix of historic charm, fine dining, and a thriving arts and culture scene.
Embrace the dynamic energy of St. Augustine while benefiting from the perfect balance of work and leisure that this location provides. Whether you're looking for a strategic investment or a high-traffic location, this space delivers exceptional value in one of the most desirable areas of St. Augustine.

Building Size: 9077sq ft
Lot Size: 1.79 acres

Map of 2450 Florida 16, St. Augustine, FL, 32092

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.