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Investment Highlights

  • Prime Downtown St. Augustine Location
  • Fully Updated and Move-In Ready
  • Excellent Visibility and Accessibility
  • Approximately 1,080± SF Commercial Building
  • Flexible CM-2 Commercial Zoning
  • Strong Year-Round Pedestrian and Vehicle Traffic

Executive Summary

3 Sebastian Ave | Downtown St. Augustine Commercial Opportunity
Prime downtown St. Augustine commercial opportunity now available at 3 Sebastian Ave. This well-located standalone commercial building offers approximately 1,080± SF and presents an excellent opportunity for an owner-user, investor, or business seeking a prominent downtown location. Fully updated and move-in ready, the property is ideally suited for a variety of professional, retail, and boutique commercial uses.
Zoned CM-2 (Commercial Medium Intensity), the property offers flexible zoning with a broad range of permitted uses, including retail, office, personal and professional services, medical/professional office, gallery or boutique, studio/showroom, financial services, and limited food service with applicable approvals. The combination of flexible zoning, updated condition, and a highly desirable downtown location provides an attractive opportunity for both established businesses and emerging ventures.
Positioned within close proximity to St. George Street, Flagler College, and St. Augustine's primary retail and visitor corridors, the property benefits from strong year-round pedestrian and vehicular traffic, excellent visibility, and convenient accessibility. Its standalone configuration and manageable size provide flexibility for an owner-user while also offering potential appeal to investors seeking a well-positioned commercial asset in one of Northeast Florida's most desirable business and tourism markets.
A compelling opportunity to own a turnkey commercial property in the heart of historic St. Augustine. Property is also for lease.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,080 SF
Building Class
B
Year Built/Renovated
1950/2005
Price
$749,000
Price Per SF
$693.52
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.20 AC
Zoning
CM-2 - Commercial Medium -2 City of St. Augustine
Parking
4 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
46’ on Sebastian Ave

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,080 SF
  • Retail
  • -
  • Aug 2026

FOR LEASE – 3 Sebastian Ave | Downtown St. Augustine Prime downtown commercial opportunity now available at 3 Sebastian Ave in the heart of St. Augustine. This well-located standalone commercial building offers approximately 1,080± SF and is ideally suited for a variety of professional, retail, and boutique commercial uses seeking a strong downtown presence. Fully updated and move in ready. Zoned CM-2 (Commercial Medium Intensity), the property allows for a broad range of permitted uses including retail, office, personal and professional services, medical/professional office, gallery or boutique, studio/showroom, financial services, and limited food service with applicable approvals. The flexible zoning and central location make this an excellent fit for both established and emerging businesses. We are offering the property on a NNN lease at $27.00 per square foot, providing tenants with a clear and straightforward structure. Under the triple net format, the tenant is responsible for property taxes, building insurance, and common area/operating expenses, allowing for competitive base rent and long-term stability. Positioned within close proximity to St. George Street, Flagler College, and the city’s primary retail and visitor corridors, the site benefits from strong year-round pedestrian and vehicular traffic, as well as excellent visibility and accessibility. This is a rare opportunity to secure a well-located downtown St. Augustine commercial space with flexible zoning and long-term lease potential in one of Northeast Florida’s most desirable business and tourism markets. Property is also listed for sale.

Space Size Space Use Position Available
1st Floor 1,080 SF Retail - Aug 2026

1st Floor

Size
1,080 SF
Space Use
Retail
Position
-
Available
Aug 2026

1st Floor

Size 1,080 SF
Space Use Retail
Position -
Available Aug 2026

FOR LEASE – 3 Sebastian Ave | Downtown St. Augustine Prime downtown commercial opportunity now available at 3 Sebastian Ave in the heart of St. Augustine. This well-located standalone commercial building offers approximately 1,080± SF and is ideally suited for a variety of professional, retail, and boutique commercial uses seeking a strong downtown presence. Fully updated and move in ready. Zoned CM-2 (Commercial Medium Intensity), the property allows for a broad range of permitted uses including retail, office, personal and professional services, medical/professional office, gallery or boutique, studio/showroom, financial services, and limited food service with applicable approvals. The flexible zoning and central location make this an excellent fit for both established and emerging businesses. We are offering the property on a NNN lease at $27.00 per square foot, providing tenants with a clear and straightforward structure. Under the triple net format, the tenant is responsible for property taxes, building insurance, and common area/operating expenses, allowing for competitive base rent and long-term stability. Positioned within close proximity to St. George Street, Flagler College, and the city’s primary retail and visitor corridors, the site benefits from strong year-round pedestrian and vehicular traffic, as well as excellent visibility and accessibility. This is a rare opportunity to secure a well-located downtown St. Augustine commercial space with flexible zoning and long-term lease potential in one of Northeast Florida’s most desirable business and tourism markets. Property is also listed for sale.

Fairly walkable
40/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100

Nearby Major Retailers

Village Inn
Zaxby's
Denny's
Ameris Bank
Columbia Restaurant
Foxtail Coffee Company
Chase Bank
Bank of America

Property Taxes

Property Taxes

Parcel Number
190430-0000
Land Assessment
$304,920
Improvements Assessment
$169,322
Total Assessment
$474,242
  • Listing ID: 41731955

  • Date on Market: 8/13/2026

  • Last Updated:

  • Address: 3 Sebastian Ave, Saint Augustine, FL 32084

Contact the Sale Advisor

3 Sebastian Ave

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