HISTORIC COMMERCIAL RETAIL DISTRICT

It’s not often that a mixed use building comes up for sale in the Historic District and it’s even more rare to find one that has been completely rebuilt meeting current building and ADA codes as well as FEMA’s requirements. 74 Spanish Street and her sister property at 76 (offered separately for $395,000) present the opportunity to implement your business plan immediately and avoid the approval processes and costs for the inevitable renovations typically needed in many downtown properties. HP-2 zoning allows for a myriad of uses with no parking requirement and 74 Spanish Street offers both commercial and/or residential applications.

This 2-story building offers 1,716SF of conditioned area under roof with 750SF of commercial space on the ground floor and 860SF of commercial or residential space on the second. Four covered porches front and back add 480SF of usable space along with 625SF of wood decking and a contiguous 400SF crushed shell patio with mature landscaping in place. The original fireplace anchors the generous open room on the first floor offering an architectural element from the past and there is a compliant restroom located on the north wall.

With 3,225SF of conditioned and open space, there are a number of business models that would thrive here. The apartment is accessed either through the common front door or from the exterior back stairway. Light, bright and beautiful, this 860SF top-drawer residence can be used for personal use or for the business. A covered front porch is screened from view by a stunning Bismarck palm. With two bedrooms and bath, full kitchen and living room, this may well be one of the nicest apartments “above the shop.”

There are easements in place to allow both 74 and 76 to share the ADA ramp between the 2 bldgs. This end of Spanish Street is in the final phase of being bricked and beautified and one of downtown’s favorite restaurants is moving to #72 so the street is hopping with activity and town is brimming with people.

St Augustine, the nation’s oldest city, also holds the distinction of being one of the nation’s most charming. Saint Augustine is a quaint coastal town located in NE Florida. The area boasts a year-round mild climate perfect for enjoying the pristine beaches or strolling in St Augustine’s historic district, with its cobblestone streets, quaint cafes, unique shops and B&Bs. The Smithsonian listed St Augustine as one of the 20 best small towns in America in 2013.

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