42 PALMER ST, St. Augustine, FL 32084
42 PALMER ST, St. Augustine, FL 32084
42 PALMER ST, St. Augustine, FL 32084
42 PALMER ST, St. Augustine, FL 32084
42 PALMER ST, St. Augustine, FL 32084
42 PALMER ST, St. Augustine, FL 32084
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$ 695,000
Est. payment | /mo

429 SqFt


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$ 695,000
Est. payment | /mo
Save

429 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 429 sqft

Price per Sqft $1,620

Subdivision Ravenswood

MLS Listing ID 2164957

HOA Y/N No

Year Built 1935

Annual Tax Amount $2,274

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Office

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

Positioned near the revitalizing West King Street corridor, this extensively improved CL-1 commercial property offers a rare combination of professional office space, enclosed garage storage and two-street accessibility in central St. Augustine. The complete offering includes Lots 4, 5 and 6, with two climate-controlled office suites, three garage bays and entrances from both Palmer Street and Smith Street.

More than $70,000 has been invested in recent improvements, including a new roof, windows, exterior doors, underground water, sewer and electrical utilities, plumbing, flooring, interior and exterior paint, brick pavers, decorative rock, enhanced parking, landscaping, palm trees and updated irrigation connected to public water. All buildings have been re-insulated, and the electrical service has been partially updated and brought to code to support the existing buildings. Infrastructure is also in place for exterior lighting, an electric gate and keypad access at both entrances. Each office has its own half bathroom with upgraded fixtures and on-demand hot water, plus an individual mini-split system providing heating and air conditioning. The property also offers one attached garage bay and a detached two-bay garage with updated roll-up-style doors, insulated interiors, durable coated floors and new window air-conditioning units. The north bay of the detached garage is stubbed for water, creating potential for a future office and bathroom conversion.

The layout may accommodate an owner-user, multiple business functions or future separation of the north and south portions. The City's 30-year West City redevelopment initiative emphasizes economic growth, locally oriented businesses, beautification, mobility and infrastructure improvements. The City also reports that a new parking garage at West King Street and US-1, near the Broudy's Lot, is currently in design.

Flood Zone X and city water. An excellent central base for professional offices, service providers or office-forward trades needing workspace with nearby accessory storage. All proposed uses, conversions and property divisions are subject to CL-1 zoning, permitting and governmental approval.

Location

State FL

County St. Johns

Community Ravenswood

Area 336-Ravenswood/West Augustine

Direction From US-1, travel west on West King Street. Turn right onto Palmer Street and continue to 42 Palmer Street. The gated property will be located along Palmer Street. Access through the sliding gate.

Exterior

Parking Features Gated

Private Pool No

Building

Lot Description Split Possible

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 1037000000

Listed by ONE SOTHEBY'S INTERNATIONAL REALTY • E BETSY KELLY

NEARBY SCHOOLS & PROPERTIES

Windy Keene

"People Before Property"

 

+1(904) 463-4662

windy@roundtablerealty.com

1637 Race Track Rd suite 100, Johns, Florida 32259

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42 PALMER ST