DOWNTOWN COMMERCIAL OPPORTUNITY

Presiding from its corner location for at least 127 years, 102 Bridge Street has enjoyed a rich history and numerous uses over the decades. In the late 1890s it was the home of Dr William F Shine and his wife, a great granddaughter of Thomas Jefferson. Mrs Shine organized the Maria Jefferson Chapter of the Daughters of the American Revolution which still thrives today. For the next 40+ years it served as a private residence for a number of prominent citizens and respected business people.

Later on, a former mayor of St Augustine remodeled it into a restaurant, removed the original Victorian trim and so it began its commercial life. Still later the building served as a gas station and then grocery store. It is one of the oldest buildings in this neighborhood just two blocks south of King Street and the campus of Flagler College and adjacent to the business and historic districts of downtown. Bridge Street runs east to the Matanzas River and west to the San Sebastian River and features a myriad of architectural styles. The current property owner is the City of St Augustine and the most recent use was a convenience store with a small take-out restaurant and three residential apartments. In need of major renovation throughout, the City is open to all prospective purchasers with a business model that will make a positive impact and contribution for the immediate neighborhood, the new owner and the overall community and will support such an endeavor with enthusiasm. All offers will be presented to the City Commission for review and final acceptance.

The information package includes a recent survey, professionally rendered as-built drawings, inspections conducted 12/2010 by the City’s Building Official and Fire Marshall with a list of required improvements, narrative, zoning and history. CL-1 (Commercial low-one) allows for a number of retail and professional uses as well as both single and multifamily residential options. Protocol for submitting letters of intent will be provided upon request. Prominent visibility from its corner location at the intersection of a well traveled east-west thoroughfare, adjacent to single and multifamily residences, professional businesses and services, within three blocks of the Historic District with its offering of tourist and local destinations including, but not limited to restaurant, retail and attractions, the potential for success is present with a solid business plan and everyone involved is here to help.

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