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63 San Marco Ave 5,032 SF Retail Building Saint Augustine, FL 32084 $2,495,000 ($495.83/SF)
Investment Highlights
- Supply-Constrained Historic Corridor with Long-Term Value Protection
- • Major Capital Improvements Completed (Roof, Electrical, Plumbing, HVAC)
- 5,032 SF | Rare Large-Format Building in Fully Built-Out Uptown Market
- Deeded Rear Access with Exclusive On-Site Parking
- Two-Story Historic Masonry Asset on San Marco Gateway Corridor
- Multi-Use Flexibility: Owner-User, Retail, Office, Gallery, Hybrid
Executive Summary
Rare opportunity to acquire a two-story historic masonry building of significant size and presence located on San Marco Avenue, one of the primary gateway corridors into Uptown St. Augustine and the historic core. Properties of this scale and stature are increasingly scarce along this fully built-out and protected corridor.
The building has been successfully operated for over a decade, demonstrating long-term commercial viability. Its two-story configuration provides meaningful flexibility, supporting a variety of owner-user, experiential, office, gallery, or hybrid commercial use scenarios.
Constructed of historic masonry, the property benefits from irreplaceable character and long-term supply protection afforded by the surrounding historic preservation framework. Any future redevelopment or replacement would be subject to discretionary review, reinforcing the value of existing historic assets along this corridor.
Deeded rear access from Abbott Street leads to exclusive on-site parking, a rare and valuable feature in this location. Major capital improvements have been completed, including roof replacement (2018), updated electrical and plumbing systems, and HVAC replacements in 2015 and 2023. The interior has been meticulously maintained and is move-in ready.
This offering is not positioned as commodity retail, but as a generational, multi-use historic commercial asset for buyers seeking long-term ownership in one of Florida’s most supply-constrained historic markets.
The building has been successfully operated for over a decade, demonstrating long-term commercial viability. Its two-story configuration provides meaningful flexibility, supporting a variety of owner-user, experiential, office, gallery, or hybrid commercial use scenarios.
Constructed of historic masonry, the property benefits from irreplaceable character and long-term supply protection afforded by the surrounding historic preservation framework. Any future redevelopment or replacement would be subject to discretionary review, reinforcing the value of existing historic assets along this corridor.
Deeded rear access from Abbott Street leads to exclusive on-site parking, a rare and valuable feature in this location. Major capital improvements have been completed, including roof replacement (2018), updated electrical and plumbing systems, and HVAC replacements in 2015 and 2023. The interior has been meticulously maintained and is move-in ready.
This offering is not positioned as commodity retail, but as a generational, multi-use historic commercial asset for buyers seeking long-term ownership in one of Florida’s most supply-constrained historic markets.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,032 SF
Building Class
B
Year Built
1925
Price
$2,495,000
Price Per SF
$495.83
Tenancy
Single
Building Height
2 Stories
Building FAR
0.83
Lot Size
0.14 AC
Zoning
CL-2 - CL2 Zoning in the City of St. Augustine offers a very wide variety of uses. Please see the attached Zoning information from the City of St. Augustine
Parking
5 Spaces (0.99 Spaces per 1,000 SF Leased)
Frontage
50’ on SAN MARCO AVE
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Declaration Boutique
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Declaration Boutique | Retailer | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 194910-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $706,364 |
Property Taxes
Parcel Number
194910-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$706,364
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63 San Marco Ave
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