31 San Marco Ave

    St Augustine, FL 32084
    • $979,000
    • STATUS: Active
    • ON SITE: 337 days
    • MLS #: 937879
    UPDATED: 64 min ago
    $979,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,648
      SQFT
    • $370
      $/SQFT

    School Ratings & Info

    Description

    Built in 1885 by the great, great uncle of the owner and lovingly restored by them between 2014 and 2016, Menorcan Square has so many uses you can create the business of your dreams! Mixed use zoning allows overnight (hotel type stays), retail/office, walk up restaurant or coffee, beer and wine bar along with residential. Currently there are 2 licensed, fully compliant hotel rooms, an art gallery/retail store, ice cream and cookie dough shop, and owner/operator quarters. You can convert the owners quarters and the walk-up restaurant to be 2 additional hotel rooms if you prefer. Operating at a 7% CAP rate. Located in a high traffic area (foot 250/hr and vehicular 1500/hr) across from the new main Old Town Trolley Welcome Center that will be completed in March, 2019. Also within walkingdistance to Castillo de San Marcos, St. George Street, and all of historic downtown restaurants and sites. This is a unique opportunity to live and work in an historic property in downtown St. Augustine and have your home paid for by the business. Schedule a showing today!

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    © 2019 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Florida Homes Realty & Mortgage are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2019-04-24T23:23:56.21.

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    www.locatenorthfloridahomes.com/homes/83847984

    31 San Marco Ave St Augustine, FL 32084

    • Price: $979,000
    • Status: Active
    • Updated: 64 min ago
    • MLS #: 937879
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    2,648
    SQFT
    $370
    $/SQFT
    1885
    Built
    Neighborhood:
    32-St Johns County-St Augustine Area-East Of US-1
    County:
    St. Johns
    Area:
    32-St Johns County-St Augustine Area-East Of US-1
    Property Description
    Built in 1885 by the great, great uncle of the owner and lovingly restored by them between 2014 and 2016, Menorcan Square has so many uses you can create the business of your dreams! Mixed use zoning allows overnight (hotel type stays), retail/office, walk up restaurant or coffee, beer and wine bar along with residential. Currently there are 2 licensed, fully compliant hotel rooms, an art gallery/retail store, ice cream and cookie dough shop, and owner/operator quarters. You can convert the owners quarters and the walk-up restaurant to be 2 additional hotel rooms if you prefer. Operating at a 7% CAP rate. Located in a high traffic area (foot 250/hr and vehicular 1500/hr) across from the new main Old Town Trolley Welcome Center that will be completed in March, 2019. Also within walkingdistance to Castillo de San Marcos, St. George Street, and all of historic downtown restaurants and sites. This is a unique opportunity to live and work in an historic property in downtown St. Augustine and have your home paid for by the business. Schedule a showing today!
    Exterior Features

    Building Stories 2 Stories Exterior Wall Stucco Lot Description Regular Lot Navigable To Ocean YN No Parking Facilities On-Street Parking Road Surface Asphalt Road Structure Wood Frame Waterfront YN No

    Interior Features

    HVAC Central Total Bldg Sq Ft 2060.00

    Property Features

    Commercial Type Commercial Current Zoning Commercial Development Status Recorded Plat Present Use Zoned CommercialHotel/MotelRetail Square Foot Source Tax Roll Type Potential Use Bed & BreakfastBusinessHotel/MotelInvestmentRetail Units 1 - 4 Units Utilities Water - Public

    Listing courtesy of First Coast Sothebys International Realty.


    © 2019 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Florida Homes Realty & Mortgage are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2019-04-24T23:23:56.21.

    Digital Millennium Copyright Act
     
    Florida Homes Realty & Mortgage
    184 St. Road 312
    St. Augustine FL, 32086