Investment Overview

Marcus & Millichap is pleased to present 63 San Marco Ave., a two-story, 5,223 SF/4,626 conditioned SF historic building, positioned along San Marco Ave., with +/- 50 of frontage and 12,900 Vehicles Per Day(VPD), which is the eastern retail artery that facilitates north/south traffic flow in and out of Downtown St. Augustine in uptown St. Augustine. The ground floor has 3,593 SF, consisting of a 1,573 SF front room, a 1,480 SF middle room, and a 540 SF enclosed porch, and is fully built out. It most recently housed a successful retail operation for the last decade. The second floor is a finished office/studio/owner space with interior and separate exterior access, a full kitchen, a bathroom, and hardwood floors. The parcel is 0.15 acres and holds rear deeded access from Abbott Street leading to the back dedicated parking area, with 5 spaces, which is incredibly rare for this area, and the back of the building, making access, in terms of deliveries and customer/employee parking, efficient, effective, and desirable. This mixed-use offering is ideal for an owner-user who would use the entire building or a portion of it, or an investor looking to acquire a distinctive asset in a trophy market. With CL-2 zoning, there is tremendous versatility, with permitted uses including retail, restaurant, gallery, studio, single/multi-family.