40 S DIXIE Highway
St. Augustine, FL, 32084 $ 749,000
Bedrooms-- Baths2.0 Sq 1,369 Monthly Estimate*
$ 4,612
Commercial Property for sale in St. Augustine, FL
for $749,000 with 2 full baths. This 1,369 square foot building was built in 1897 on a lot size of 0.33.
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.
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FeaturesGeneralPossession Close Of Escrow
Roof Metal
Year Built 1897
Property Subtype Retail
Tax Year 2024
Current Use Commercial
Parcel Number 1247200000
County St. Johns
New Construction 0 None
Property Type Commercial Sale
HOA N
Attached Garage N
Contingency Active Under Contract
Status Active Under Contract
Directions From US 1 Downtown take West King Street to left on Pellicer LN/Old Dixie HWY ~follow to 40 Old Dixie HWY on right.
City St. Augustine
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 1
MLS Area 337-Old Moultrie Rd/Wildwood
Lot Size Units Acres
Lot Size Square Feet 14374.8
Listing Terms Cash Conventional Owner May Carry
Land Lease Y/N N
Tax Annual Amount 5331.9
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 337-Old Moultrie Rd/Wildwood
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active Under Contract
Cash True
Conventional True
Private Pool Y/N None
Water Body Access Y/N None
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ExteriorParking Features Off Street
Lot Features Split Possible
Lot Size Area 0.33
Spa N
Lot Size Acres 0.33
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Stories 1
Basement (Y/N) N
Total Baths 2
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* Excluded FeaturesList ByOne Sotheby's International RealtyBroker
ejennnings@onesothebysrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,612
- Monthly Property Taxes
- $444
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
308105 Elementary School
308138 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/2/2025 | $749,000 | | Listed Price |