3 Davis St
Saint Augustine, FL 32084
Retail Property For Sale

With the proposed redevelopment of the King Street & US1 corridor, this commercial compound is poised as an underpriced investment. With CM-2 Zoning, the permitted uses are abundant: Hotel/motel, shopping center, museum, hair salon, restaurant, brewery, art studio, high-end hostel, and so much more. Currently operated as a yoga & retreat center with student housing and retail, the gorgeous brick building is seeped in St. Augustine history. Property Overview: This commercial compound's lot offers 12,600 square feet, 23 parking spots, two private courtyards. The air conditioned space includes a 4,537 square foot brick building, attached 1,218 square foot one-story concrete block/stucco annex, and 8 guest rooms. The downstairs of the main building is home to the larger 1,340 square foot studio, office/retail area, waiting room, and two restrooms. Upstairs are 7 of the 8 guest rooms (two with private baths), full kitchen, one multi-bath (4 sinks, two showers, two toilets), a balcony and the potential for a rooftop patio. The annex offers a 700 square foot studio, lobby, kitchenette, the 8th guest room (handicap accessible), and service closet with laundry.