5960 Us Highway 1

Description

Motivated seller! This high-visibility commercial redevelopment opportunity is located directly on US-1 with approximately +/-100 feet of high-visibility frontage, offering exceptional exposure in a prime growth corridor between St. Augustine and Jacksonville. Comprising two contiguous parcels with additional land being added through a planned split, the total site will encompass approximately 0.72 acres, making the highest and best use redevelopment. The primary parcel, 0745500020, consists of a substantial commercial structure built in 1980 with a total of 6,356 square feet. The front portion includes 1,200 square feet of finished, air-conditioned office space, while the rear features a 5,156 square foot warehouse with a three-bay loading dock, supporting a variety of commercial or mixed-use concepts. The property is currently operated as a golf cart business, with the seller occupying the property, and they are open to remaining to provide interim income up until redevelopment or can vacate at closing depending on the buyer's preference. Parcel 0745500070 is contiguous and currently functions as a rear parking area, enhancing access and operational flexibility. In addition, an approximate 5,400 square foot section will be split from adjacent parcel 0745500060 and added to the assemblage, increasing both land area and frontage. The resulting site will be largely C-1 zoned, with a portion designated OR, allowing for a broad range of commercial and mixed-use development options. The property is entirely high and dry and located in Flood Zone X, further strengthening its development appeal. Surrounded by established commercial and residential uses and positioned along a heavily traveled US-1 corridor, this site presents a rare opportunity for investors or developers seeking scale, visibility, and zoning flexibility. Adjacent commercial and residential parcels are also available and may be purchased separately or in combination with this offering. Please reference MLS number #260129 for the adjacent available parcels, and MLS number #245926 for the full assemblage package.