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701 Market St
Saint Augustine, FL 32095
Village Square at Palencia · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Great location in private gated community with high net worth individuals, established families
  • World Golf Village Nocatee Beachwalk Established business since 2012 with recurring revenue
  • 5 Miles to Buc-ee's and Costco new locations on International Golf Parkway
  • Adjacent to Phillips Highway - US1 Corridor. Quick access to Jacksonville, 9B, Town Center, Silverleaf and other growing areas of county
  • Fastest Growing area in St. Johns County with Beachwalk, Palencia, Nocatee within 10 minutes
  • New Growth/New Schools attracting exponential business growth in area

EXECUTIVE SUMMARY

Executive offices expanding across three individual condominiums with local and national tenants in place in professional services building. 3350 Square Feet with 6 deeded parking spots ($5400 potential rental) and three amenity passes ($5400 in actual rental income). Individual offices are leased with tenants in place, dedicated conference room with recuring revenue, virtual office and mail program and other revenue sources. May also be investment for owner/user. Can be used for individual condominiums with minimal reinvestment of about twenty feet of drywall between units. Technology updated in April 2022 with lastest network/router. Furniture and fixtures available for purchase to buyer. Leases can convey. Opportunity for Owner/User Florida is OPEN FOR BUSINESS!

PROPERTY FACTS

Property Type Office
Property Subtype Loft/Creative Space
Building Class A
Lot Size 0.58 AC
Rentable Building Area 49,856 SF
No. Stories 3
Year Built/Renovated 2007/2021
Parking Ratio 0.12/1,000 SF
APN / Parcel ID
072080-0991
  • 072080-1072
Zoning PUD - Planned Unit Development

AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Conferencing Facility
  • Golf Course
  • Accent Lighting
  • Hardwood Floors
  • Outdoor Seating
  • Air Conditioning
  • Listing ID: 23072985

  • Date on Market: 5/14/2021

  • Last Updated:

  • Address: 701 Market St, Saint Augustine, FL 32095

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