Signalized Corner Property on Anastasia Blvd 112 Anastasia Blvd 6,124 SF 75% Leased Retail Building Saint Augustine, FL 32080 $2,650,000 ($432.72/SF)

Premier Corner Investment Opportunity in Historic St. Augustine
Positioned along one of St. Augustine’s most recognizable commercial corridors, 110–112 Anastasia Boulevard presents a rare opportunity to acquire a highly visible mixed-use commercial asset with existing income, significant lease-up potential, and exceptional long-term upside in one of Florida’s strongest coastal markets.
Located on a signalized hard corner at the entrance to Anastasia Island, the property benefits from outstanding exposure to vehicles and pedestrians traveling between Historic Downtown St. Augustine, the Bridge of Lions, Anastasia Island, St. Augustine Beach, the St. Augustine Amphitheatre, and the Florida Historic Coast. A signalized pedestrian crosswalk directly in front of the property further enhances accessibility and visibility.
The property consists of a 6,124± SF concrete block building thoughtfully divided into four separately metered commercial suites, each with its own private entrance, restroom, and utilities.
Unit 110A is currently leased and generating $5,300 per month in rental income. The remaining three suites are currently available, creating substantial near-term value-add potential through lease-up while also providing flexibility for an owner-user seeking to occupy a portion of the property while benefiting from existing rental income.
One of the property’s most distinctive and increasingly difficult-to-replicate features is its grandfathered illuminated roadside signage. Prominently positioned along Anastasia Boulevard, the existing pylon and changeable-copy signage provides exceptional visibility and significant branding value for current and future occupants. This established signage represents a meaningful competitive advantage over many surrounding commercial properties where comparable signage may no longer be permitted under current regulations.
Beyond its existing income and lease-up opportunity, one of the property’s greatest strengths is its remarkable flexibility. The building was constructed with steel roof trusses spanning from the exterior walls to the center of the structure, allowing the existing interior CMU partition walls to potentially be removed without compromising the primary roof structure.
This construction provides an opportunity to reconfigure the property into a single 6,100+ SF open-concept commercial space or create a customized suite configuration to accommodate a wide range of users. Potential concepts may include retail, restaurant, medical, professional office, fitness, entertainment, brewery, hospitality, showroom, or other commercial uses.
The property is zoned CL-2 (Commercial Limited Two), which accommodates a broad range of commercial uses including restaurants, bars, retail, professional offices, personal services, galleries, entertainment venues, and mixed-use concepts, subject to applicable regulations and buyer verification.
Adding to the property’s long-term potential, CL-2 zoning allows for a maximum building height of approximately 33.5 feet, creating an intriguing future redevelopment or vertical-expansion opportunity. A future owner may explore concepts such as a rooftop restaurant, bar, lounge, event venue, or additional commercial space, subject to all applicable governmental approvals, engineering, zoning requirements, and independent buyer verification.
With its signalized corner location, established rental income, three available suites, grandfathered signage, flexible building configuration, strong commercial zoning, and future redevelopment potential, 110–112 Anastasia Boulevard offers a unique opportunity for investors, owner-users, and developers seeking a highly visible position at the gateway to Anastasia Island.