For Sale

Village Square at Palencia, 108A

701 Market St, ste 108A,
Saint Augustine, FL 32095

Asset Snapshot

Community Center
Office Subtype
2007
Year Built
1
Building Count
0.57 Acres
Land Area

Offering Summary

Investment Overview

Own a bright endcap commercial condominium in the heart of Palencia’s village center. Located at 701 Market Street, Suite 108A, this approximately 1,026 SF unit features expansive windows on multiple sides, abundant natural light and an inviting interior with wood-look flooring, a reception/waiting area, open studio space and a private restroom. An adjacent outdoor terrace complements the setting. Currently operating as a Pilates studio, the property offers an opportunity for an owner-user seeking a distinctive location within an established upscale community. Palencia’s brick-paved streets, landscaping and nearby cafés, bookstores and local businesses create an attractive environment for clients and employees. The sellers would also consider a sale-leaseback arrangement, providing an additional option for an investor buyer. Lease terms would be negotiated as part of the transaction. Alternative uses are subject to applicable zoning and condominium requirements. Sale subject to the condominium association’s right of first refusal. Please do not disturb the occupants or approach employees regarding the sale. This is an operating business, and all showings must be coordinated through the listing broker and by appointment only.


Investment Highlights

  • Approximately 1,026 SF commercial condominium at 701 Market Street, Suite 108A.
  • Desirable endcap location with windows on multiple sides.
  • Abundant natural light and an inviting interior.
  • Currently operating as a Pilates and fitness studio.
  • Layout includes reception/waiting space, an open studio area and a private restroom.
  • Attractive wood-look flooring throughout the main interior.
  • Adjacent outdoor terrace enhances the village setting.
  • Located in Palencia’s upscale village center, surrounded by cafés, bookstores and local businesses.
  • Sellers will consider a sale-leaseback, with terms to be negotiated.

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Listing Syndicated From

Buildout
Accepting Offers
$399,000
Asking Price

Investment Sales Broker

Anthony Migliore
SVN | First Coast Commercial Real Estate Specialists

Market Insights