Welcome to this historic, one-of-a-kind commercial property in the heart of downtown St. Augustine's vibrant Lincolnville neighborhood. Built in 1908, this three-story building has a rich history as a community meeting place, having hosted events from high school proms to legendary performances by musical icons such as Ray Charles and Little Richard. The property at 92 Washington St. boasts 6, 900+/- sq. ft. of flexible space currently set up as three separate condominiums. Each floor offers endless possibilities, allowing you to rent them as is or transform them into restaurants, retail spaces, offices, or a combination of uses. With its' historic designation and unique architectural features, this property exudes character and charm. The property features an elevator and a front grand staircase, providing easy access to all floors. Between the third floor and the expansive rooftop deck, there is a finished attic space for storage. The rooftop deck offers breathtaking views of the city, while balconies on the second and third-floor units provide additional outdoor space. Unit 1 spans 1, 707 sq ft and includes three bedrooms, two bathrooms, a utility room, and an office. Unit 2, at 2, 064 sq ft, is designed as an artist studio with a stage and includes three bedrooms and three bathrooms. Unit 3 offers 2, 132 sq ft of living space with three bedrooms and two bathrooms. Situated in a prime location, you're in the heart of downtown St. Augustine, surrounded by cultural landmarks, dining, shopping, and more. The third floor offers stunning views of the city, perfect for a creative studio or exclusive office space. The CL-1 zoning provides numerous development opportunities, allowing for a variety of commercial uses. Additionally, the property includes space for 9 parking spots, a rare find in downtown locations. Originally dedicated to the Odd Fellows Hall on the upper floors and a furniture store on the ground level, this building has always been a cornerstone of the community. The potential for new businesses to thrive in this historic setting is immense. Whether you envision a boutique hotel, an art gallery, a mixed-use development, or maintaining the current condominium setup, the possibilities for this property are limited only by your imagination. Don't miss this rare opportunity to own a piece of St. Augustine's history and shape its future. Contact us today to schedule a viewing and explore the endless possibilities of the former Odd Fellows Hall.
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,340,000 | $2,340,000 | $2,340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $671 | $671 | $671 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,983 | $14,983 | $20,545 |
Total Monthly Payment | $15,779 | $15,779 | $21,341 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.