Description
Located in Uptown Historic St. Augustine, 56 San Marco provides a unique opportunity for an astute investor to obtain one of the largest multi-tenant retail buildings in the most rapidly growing section of Historic Downtown St. Augustine.
St. Augustine, Fl, is Northeast Florida's biggest tourist destination, and sees retail rents from $33-100+/SF. With 5 in-progress construction and renovation projects, including almost 300 hotel rooms, San Marco Avenue is the rapidly developing entry corridor to Downtown St. Augustine, and provides an attractive entry point into this market before the upside becomes priced in. St. Augustine's visitor numbers continue to increase year-over-year, and St. Augustine has proved a recession-proof tourist destination.
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Listing Office: REMAX MARKET FORCE
