$1,650,000

Positioned in the rapidly evolving West Augustine corridor at 74 & 82 Masters Drive, this dual-asset offering presents a rare combination of immediate stability and high-upside development potential. (includes parcel 109580-0000) Zoned CL-1 (Commercial Low-One) and located within the City of St. Augustine, the property is perfectly suited for an investor or owner-user looking to capitalize on the area's commercial growth. The flexibility of this asset is what makes it so appealing. Enjoy the assurance of regular long term income produced by the four tenants while planning for expansion on the neighboring lot.(82 Masters Dr.) The businesses in place feature a multitude of uses including a yoga studio, boat equipment storage, and a guitar store. Listing includes Parcel 1 & 2 noted on photos. Seller Financing is available and terms are negotiable. CL-1 zoning allows for many uses including professional offices, restaurants, retail outlets, and professional services like hair or nail salons. There are also a number of uses by exception including car repair facilities and immediate care centers. Max building height of 35 feet. All information, including square footage and acreage, is deemed reliable but not guaranteed. Listing broker and seller do not warrant or represent the accuracy of any measurements or property dimensions contained herein. All interested parties and their agents are strongly encouraged to independently verify all measurements and property specifications prior to closing.