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Extremely Desireable Location / Profitable Business

Extremely Desireable Location / Profitable Business

Posted on Oodle - 3 weeks ago
Price:
$295,000
Property Type:
Commercial & Office Space for Sale
Location:
Saint Augustine, FL

Saint Augustine Description

Profitable business selling collectables in highly desired St. George Street in the heart of St. Augustine's historic district. Peppered with quaint shops and restaurants, this area boasts scenic waterfront vistas, upscale dining and shopping as well as low cost of living.

Owner reporting the following:

- M~300k/yr gross
- M~90-130k/yr net over 22 years
- $195k in merchandise (Retail Value)
- Seller will support and assist Buyer for 6 months.
- Seller will offer several months of rent reduction


Location Description:
Located in the center of the pedestrian-only section of St George Street in the heart of the commercial Historic District which commences across the Castillo de San Marcos (the fort) to the north and runs five blocks to the Plaza de Constitucion on the south end. St George Street is the biggest retail and restaurant destination in the nation's Oldest City. Serving domestic and international visitors as well as locals, the regular traffic also includes daytrippers from nearby Jacksonville and extending to an eight hour drive from points north, south and west. St Augustine is located in northeast Florida approximately 40 miles south of Jacksonville and has an airport 15 minutes north of downtown.
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This Commercial Real Estate located at Saint Augustine FL 32080 is currently for sale and was listed 3 weeks ago in Saint Augustine, FL. See other Saint Augustine Real Estate