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Commerce Lake Drive - Commerce Lake

2,310 SF Flex Condo Units Offered at $729,000 Per Unit in Saint Augustine, FL 32095

Investment Highlights

  • near 95 & IGP
  • Class A outside finishes in the front exterior of the building

Executive Summary

The building will be 22,680 square feet and will have 9 bays (see the attached site plan). Site work and initial construction will begin in 2025 (tbd). The owner will occupy 5 bays and 4 will be available for For Sale or Lease. Each bay is 2.310 sq ft. For Sale - $729,000 for a 2.310 sq ft bay For Lease, rental rate - $21 psf (NNN) + CAM There is a shared dock for owner occupiers / Tenants.

Property Facts

Price $729,000
Unit Size 2,310 SF
No. Units 3
Total Building Size 22,680 SF
Property Type Flex
Property Subtype
Showroom
  • OfficeLoft Creative Space
  • Industrial Service
  • Office Industrial Live Work Unit
Building Class A
Floors 1
Typical Floor Size 22,680 SF
Lot Size 2.90 AC
Parking Ratio 1.1/1,000 SF

3 Units Available

Unit 2

Unit Size 2,310 SF
Price $729,000
Price Per SF $315.58
Condo Use Flex
Sale Type Owner User
Description

There are 4 condo bays available For Sale.   Each condo bay is 2,310 sq ft.  Bays are intended to be 50% office and 50% warehouse.   Interior can be customized and built-out by buyer after base building is delivered.  Each condo bay will have a rollup door in the back.

Sale Notes

Owner will have a more certain delivery date very soon.  Condo bays may be occupied sooner than March 2025, if the interior buildout is not extensive.  
Please contact broker regarding a rendering and for further details.

Unit 3

Unit Size 2,310 SF
Price $729,000
Price Per SF $315.58
Condo Use Flex
Sale Type Owner User
Description

There are 4 condo bays available For Sale.   Each condo bay is 2,310 sq ft.  Bays are intended to be 50% office and 50% warehouse.   Interior can be customized and built-out by buyer after base building is delivered.  Each condo bay will have a rollup door in the back.

Sale Notes

Construction of the building will begin in early Fall and the delivery date is TBD.   Up to 4 condos are available  For Sale.  
Please contact broker for more information

Unit 4

Unit Size 2,310 SF
Price $729,000
Price Per SF $315.58
Condo Use Flex
Sale Type Owner User
Description

Condo bay will be delivered in shell condition.   Class A quasi-retail finishes in the front exterior and flex warehouse in the back.   Parking is TBD.   At a minimum, 4 to 5 spaces per bay.

Amenities

  • 24 Hour Access
  • Signage

Utilities

  • Sewer - County

zoning

Zoning Code PUD (Planned Unit Development - please contact for more information)
PUD (Planned Unit Development - please contact for more information)
  • Listing ID: 31489607

  • Date on Market: 4/12/2024

  • Last Updated:

  • Address: Commerce Lake Drive, Saint Augustine, FL 32095

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