Description of 40 S Dixie Highway, St. Augustine - MLS# 2106741
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. Located in the heart of the trendy WestAugustine district, within the Historic City limits, this property offers a rare mix of immediate income and future growth potential. Zoned CL-1 and spanning three lots, it's an ideal opportunity for restaurant/office entrepreneurs, investors, or developers. The existing building is designed to seat 50+ 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 30 parking spaces, offering convenience for both patrons and staff. Recent upgrades include updated wood lap siding, exterior paint, window frames, interior paint, a modern grease trap, signage, and an on-site storage shed. Beyond its current use, the additional land allows for a multitude of possibilities: build another structure, create an income-producing nightly vacation rental, or construct a private residence on the back lot. This flexibility makes the property valuable both for today's operations and tomorrow's investment. This offering is for the real estate only, with business and restaurant equipment are negotiable separately. Owner financing is available. Please do not approach the tenant. ***Contact us today for details and to schedule a private tour of this notable historic commercial property.
