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701 Market St
Saint Augustine, FL 32095
Village Square at Palencia, Unit 107B · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • - 624 SF Professional Office Type Condominium located on 1st floor
  • - Prime St. Augustine location- Modern Office/Executive Suite
  • - Close Proximity to US 1 and I95
  • - Constructed in 2007- Zoned PUD (Planned Unit Development)
  • - Suitable for diverse business uses
  • - Office Condo Fee of $238/Month

EXECUTIVE SUMMARY

Discover a prime investment opportunity to own a professional office condominium located in the upscale, mixed-use development known as “Village Square at Palencia” in St. Augustine, a submarket of Jacksonville. With easy access to major arterial roadways including both US Highway 1 and Interstate 95, and a growing commercial landscape, this location presents an enticing prospect for an owner occupant or investor seeking to leverage the area's strategic positioning and diverse economic opportunities. This professionally appointed condominium unit comes fully furnished and is ready for immediate occupancy. The condo spans a total of 624 square feet, featuring a main conference area measuring 13 by 16 feet, two separate offices sized 11 by 11 feet and 11 by 16 feet, a break room of 10 by 7 feet, and a storage room of 4 by 6 feet. The interior of unit consists of commercial grade carpeting, painted drywall, professionally installed office doors and trim, with an acoustical drop tile ceiling and fluorescent lighting. Village Square of Palencia has ample on street parking for visitors and guests as well as parking garage underneath the building that is accessible by a private elevator. This unit includes two (2) assigned parking spaces in the parking garage below the building with easy elevator access and monitored security. The condominium fee of $238.00/month includes electric, water/sewer, exterior maintenance, management, elevator, parking garage, monitored security, common areas, and restrooms.

PROPERTY FACTS

Property Type Office
Property Subtype
Loft/Creative Space
  • General Retail Storefront Retail/Office
  • Office Telecom Hotel Data Hosting
Building Class B
Lot Size 0.58 AC
Rentable Building Area 49,856 SF
No. Stories 1
Year Built 2007
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: 32734822

  • Date on Market: 8/8/2024

  • Last Updated:

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

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