601 S Ponce De Leon Blvd, Saint Augustine, FL, 32084 | $625,000

Discover a rare investment gem in the heart of Downtown St. Augustine: This unique offering is for one commercial unit within the building on the San Sebastian River. It is part of a versatile property zoned CM-2, combining commercial and residential uses and prime waterfront access. This presents unmatched value for investors, business owners, and water enthusiasts alike. Unit A serves as a spacious first floor commercial office or retail space, featuring a kitchenette, a bathroom, and a private back deck. The front entryway has a potential reception office, an open workspace, and an attached workshop with two sets of double doors for ease of access. Additionally, there’s a generous shared side yard with a deck, perfect for business gatherings or outdoor flexibility, blending functionality with a welcoming ambiance. There is potential to also own a designated boat slip on the shared dock. There are two private boat slips available, each under a month-to-month lease and ripe with potential for expansion. The two slips have water and electricity. With riparian rights, the property appeals particularly to those seeking waterfront amenities and exclusive access. This offering is ideal for those looking to own a piece of St. Augustine’s vibrant scene, with the unique blend of commercial and residential space in a sought-after waterfront location. For flexibility, the seller is open to various purchase arrangements for multiple units within the building. This listing is for MLS#245949: $625, 000 Unit A Commercial Downstairs Unit only. Other options include: Unit D - an Upstairs Residential Unit with the addition of 2 Boat Slips # 3 & # 4 for $850, 000. MLS#245949: Unit D – a Residential Upstairs Unit only for $525, 000. Unit A - a Commercial Downstairs Unit with the addition of 2 Boat Slips # 3 & # 4 for $750, 000. MLS #245948: Unit A - a Commercial downstairs unit PLUS Unit D - an upstairs Residential Unit PLUS 2 Boat Slips #3 & #4 - All for $1, 290, 000. OR the whole building including Units A, B, C, D, E, F and all Boat Slips # 1, 2, 3, 4 - ALL for $3, 200, 000. The Current Leases document attached shows the full list of available units.

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