Listed by Matthews
$1,800,000
Turn-Key Restaurant
Details
Property Type Retail
Sub Type Restaurant, Bar
Square Footage 4,048
Net Rentable (SqFt) 4,048
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Expiration 05/15/2029
Remaining Term 2.9
Lease Options None
Year Built 1964
Acreage 0.360
Zoning CL-2
Parking Spaces 28 spaces
Parking Per SqFt 6.92
Investment Type Owner/User
Ground Lease No
Ownership Fee Simple
Rare Owner/User Opportunity | Proven and Historic Restaurant Location
Investment highlights
Property Highlights
- Turn-Key Restaurant Building: The property contains 4,048 sq ft of renovated space. It is configured for food-and-beverage operations with a 99-person occupancy capacity, enabling an incoming operator to begin service quickly without the significant capital expense of a ground-up build-out.
- Flexible Adaptive Use: The 4,048-square-foot freestanding building and CL-2 zoning allow for a wide range of commercial uses, including café and bar concepts, retail, personal services, medical office, and professional office. Situated on its own parcel, the property offers operational independence and long-term flexibility for future repositioning.
- High Visibility and Access: Situated on a hard corner, the property offers full ingress and egress, providing excellent accessibility, visibility, and convenience for customers from multiple directions.
- Ample Dedicated Parking: The property features 28 dedicated on-site parking spaces, plus convenient street parking for overflow. Ample parking is an increasingly rare amenity along the A1A corridor, providing a significant competitive advantage and enhancing accessibility for restaurant, retail, and service-oriented operators.
Location Highlights
- Strong Tourism Economic Impact: St. Augustine, the nation's oldest city, attracts more than 5 million visitors annually and generates an estimated $3.8 billion in annual economic impact. This steady influx of visitors, combined with a growing local population, provides a strong customer base for restaurant, retail, and hospitality operators, supporting long-term business viability and sales potential.
- Positioned Along St. Augustine's Premier Commercial Corridor: Situated along Anastasia Boulevard (A1A South) (~22,500 VPD), the primary thoroughfare connecting Historic Downtown St. Augustine to St. Augustine Beach and Anastasia Island, the property benefits from strong traffic counts, excellent visibility, and exposure to both local residents and the area's millions of annual visitors.
- Proximity to Historic Downtown: Located approximately 1.2 miles from St. George Street and the Historic Downtown District, the property is well positioned to capture overflow traffic from St. Augustine's vibrant downtown corridor. Its convenient access to the area's restaurants, retail destinations, attractions, and waterfront amenities enhances visibility and supports strong customer draw from both local residents and visitors exploring the surrounding area.
- Proximity to Flagler College: Located just minutes from Flagler College, a nationally recognized private liberal arts institution and one of St. Augustine's most prominent landmarks, the property benefits from a steady influx of students, faculty, staff, and visiting families. The college's presence within the Historic Downtown district helps generate year-round activity, supporting strong demand for restaurant, retail, and hospitality operators.
Listing Contacts
Listed by Matthews
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Zoning
CL-2 CommercialSpecial CommercialCommercial Low Two
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View all 49 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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