For Sale, USD 749,000
40 S Dixie Hwy, Saint Augustine, Florida, United States
Property Type : Single Family Home
Property Style : Castle
Build Size : 1,369 ft² / 127 m²
Land Size : 14,810 ft² / 1,376 m² Convert Land Size
Bedroom : 3
Bathroom : 2
Half Bathroom : 0
MLS#: 255042
Property Description
Prime West Augustine Commercial Property with unlimited growth potential. This historic investment property has been an iconic and favorite gathering place for locals and tourists alike for many years. Introducing 40 Old Dixie Highway, a versatile property with commercial zoning, CL-1, located within the city limits of historic Saint Augustine offering endless potential for various uses including, converting back to a three bedroom residential home, lucrative short term rental property, bed and breakfast and many more. This property offers a rare mix of immediate income and future growth potential. Spanning three lots, it is an ideal opportunity for investors, entrepreneurs, or developers. Beyond its current use, the additional land allows for exciting possibilities, build another structure, create an income producing nightly vacation rental or construct an additional private residence on the back lot. The existing building is designed to seat more than fifty guests, featuring indoor and outdoor dining areas, a welcoming front porch, two entrances, two bathrooms, and ADA accessibility. Two off street parking areas provide approximately thirty parking spaces, offering convenience for both patrons and staff. Recent updates include new wood lap siding, exterior paint, window frames, interior paint, kitchen flooring, a modern grease trap, signage, and an onsite storage shed. This offering is for the real estate only, with business and restaurant equipment negotiable separately. Owner financing is available. Please do not approach the tenant. Contact us today for details and to schedule a private tour.
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Lifestyles
* Historic/Antique
40 S Dixie Hwy, St Augustine, FL, 32084, United States,Florida,Saint Augustine is a 1,369ft² Saint Augustine luxury Single Family Home listed for sale USD 749,000. This high end Saint Augustine Single Family Home is comprised of 3 bedrooms and 2 baths. Find more luxury properties in Saint Augustine or search for luxury properties for sale in Saint Augustine.