Unlock Unmatched Potential in St. Augustine This prime property at 2350 N Ponce De Leon Blvd offers an extraordinary opportunity to own a well-established Shell Station, convenience store, and service center, including the successful First Coast Tire & Service Center. Located at one of St. Augustine’s busiest entrances, this property combines high visibility with a strong, loyal customer base. Exceptional Location with Proven Success This property boasts an extraordinary location at one of the busiest entrances to St. Augustine, making it ideal for a thriving business. With years of success, the site includes two buildings featuring four service bays, fuel pumps, and signage. The facilities are well-equipped with exhaust fans, 14’-16’ ceiling heights, and 3-phase power, providing a ready-to-use setup for continued automotive services or other ventures. Real Estate & Business Opportunity This sale includes the prime real estate and all business assets, including a thriving tire center and a well-established service station. The tire center has consistently generated strong sales, underscoring its solid market presence. The service station complements the service center by selling approximately 45,000 to 50,000 gallons of fuel per month, plus generating additional revenue streams through the convenience store, lottery sales, and ATM transactions. This comprehensive package offers an immediate opportunity for continued profitability and growth. Tremendous Value-Add Opportunity This property offers a solid return on investment and significant potential for growth. A buyer who implements efficient management of the tire center and capitalizes on synergies with the existing service stations can unlock substantial additional value. By optimizing operations and leveraging the high-traffic location, there’s an opportunity to enhance profitability and drive the business to new heights, making this an ideal acquisition for investors looking to maximize returns. Redevelopment Potential This site offers tremendous redevelopment potential under its current liberal zoning. The high-traffic location and versatile CM-2 zoning allow for alternate uses, such as a car wash, self-storage facility, or other commercial ventures. The property’s flexibility makes it an attractive option for adaptive reuse, allowing investors to capitalize on the bustling area and maximize the site’s value. Zoning Insights The Commercial Medium-Two (CM-2) zoning in St. Augustine, Florida, supports various commercial activities while maintaining compatibility with nearby residential and historic areas. Under CM-2 zoning, the following uses are generally permitted: - Retail and Service Establishments: This includes shops, restaurants, and service-oriented businesses such as banks, salons, self-storage, and repair shops. - Office Spaces: This zoning classification allows professional offices, including those for legal, medical, cannabis, or financial services. - Lodging: Hotels, motels, and other forms of temporary lodging are permissible, provided they meet the necessary development standards. - Automotive Services: This zoning supports businesses related to automotive services, such as gas stations, repair shops, and car wash facilities, making it suitable for any auto-related business. - Mixed-Use Developments: CM-2 zoning often allows for mixed-use developments, combining residential units with commercial spaces, offering flexibility for future redevelopment. Endless Possibilities Whether you wish to continue the successful business or explore new opportunities for redevelopment, this location is poised for growth. This property is a gateway to success in St. Augustine’s vibrant market. Investment Highlights • Prime Location: Situated at a major gateway to St. Augustine, on a corner lot with multiple points in ingress and egress, and offering high-visibility signage and prominent lines of sight. • Thriving Business: Inherit the trust and profitability of First Coast Tire & Service Center, known for quality auto repairs, tire services, and more. • Versatile Property: The site, which spans 2,530 SF on 0.59 acres, includes 8 service bays, fuel pumps, and prominent signage. • Business and Real Estate Included in Sale: In addition to the fee-simple interest in the real estate, the sale includes all business assets, client lists, vendor agreements, and equipment. • No Fuel Service Agreement: Existing gas station operators can leverage existing relationships to establish new service terms. • Clean Phase I ESA: All tanks have been updated and certified, and a 2024 Phase I ESA recommends no further investigation related to any environmental hazard. Contact us today to schedule a private showing and explore the potential of this extraordin

Listing courtesy of Brad Kuskin of Compass Florida LLC



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Last checked 2025-05-12 07:49 AM UTC