For Sale

The Gerona Building

2692 U.S. Hwy 1 South, St. Augustine, Fl. 32084, St. Augustine, FL 32086

Located on US-1 SouthPrime Investment Opportunity – Multi-Tenant Office Building with Strong Income Potential Located on high-traffic US-1 in St. Augustine, FL, this two-story office building presents a unique opportunity for investors seeking consistent cash flow and long-term value. With 20 individual office units, each suitable for single or multi-person occupancy, this property offers a versatile layout that can be easily customized to meet tenant demand. Purchase includes the neighboring house at 101 Gerona Street that could be rezoned to allow additional commercial use or expansion. This office building is an excellent addition to any investment portfolio, combining strong location, flexible rental options, and the potential for steady income growth. Don't miss the chance to invest in a property with substantial upside and minimal overhead.

Key features

  • Diversified Tenant Base: The mix of small office spaces is ideal for attracting a broad range of tenants, including solo entrepreneurs, small businesses, and temporary workers, ensuring consistent occupancy.
  • Flexible Space Configurations: The building is designed with 20 individual offices that can be combined to accommodate varying tenant needs, maximizing rental income potential.
  • High Exposure Location: The property’s prime positioning on US-1 ensures excellent visibility and accessibility, attracting a steady stream of potential tenants.
  • Shared Amenities: Common restroom facilities reduce overhead costs and provide tenants with essential amenities while keeping maintenance simple.
  • Short-Term Rental Potential: The building is also well-suited for short-term leases, providing flexibility to capture premium rents from businesses with transient space needs, such as remote workers or seasonal tenants.
  • Strong Income Potential: With low operational costs and flexible leasing options, this property offers a high return on investment by catering to a diverse tenant pool while minimizing vacancy risk.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Bob Buckmaster

Coldwell Banker Premier Properties Commercial

Building Details

  • For Sale $1,500,000
  • Property Type Office - General Office
  • Property Size 5,896 SF
  • Units 16
  • Lot Size 0.43 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Date Updated Apr 28, 2026

Attachments

Getting Around

  • Walk Score ®

    Somewhat Walkable (53)

  • Bike Score ®

    Bikeable (51)
Powered by Walk Score ®

Location

  • City St. Augustine, FL
  • Neighborhood St. Augustine South
  • Zip Code 32086
  • Market Jacksonville

Points of Interest

Speedway

0.30 miles

BP

0.40 miles

RaceTrac

1.12 miles

Circle K

1.82 miles

Gate

2.16 miles

Citgo

2.21 miles

Freedom Oil

2.48 miles

7-Eleven

2.61 miles

Tesla Supercharger

3.41 miles

Flagler College Parking Garage

3.17 miles

Public Parking

3.30 miles

Mango Mango's

3.31 miles

NPS Lot 1

3.48 miles

NPS Lot 5

3.52 miles

Historic Downtown Parking Facility

3.61 miles

Mission of Nombre de Dios Parking

4.05 miles

Sporty’s Riverboat Car Wash

2.55 miles

Beach Side Car Wash

2.57 miles

Davis Shores Car Wash

3.43 miles

Avis Car Rental

5.01 miles

Daily's Car Wash

7.15 miles

Nations Bus

7.99 miles

Ned's Southside Kitchen

0.45 miles

McDonald's

0.49 miles

Bono's Pit BBQ

0.51 miles

Ichiban Buffet

0.86 miles

Carribean & Soul

1.18 miles

The Gallery Cafe

1.19 miles

Panda Express

1.29 miles

Chili's

1.36 miles

Applebee's

1.37 miles

Walmart Supercenter

0.69 miles

Sears

0.89 miles

Belk

0.99 miles

Publix

1.14 miles

Bealls

1.39 miles

Bealls Outlet

1.47 miles

Big Lots

1.51 miles

Marshalls

1.54 miles

Ross

1.59 miles

CareSpot

1.04 miles

Walgreens

1.06 miles

Flagler Hospital

1.19 miles

CVS Pharmacy

1.37 miles

Bayview Samantha R. Wilson Care Center

2.58 miles

Saint Augustine Beach Police Department

2.64 miles

Wildflower Clinic

3.00 miles

Saint Augustine Police Department

3.09 miles

Saint Augustine Fire Department Station 1

3.22 miles

2692 U.S. Hwy 1 South, St. Augustine, Fl. 32084 Listing Summary

  • What is the asking price at The Gerona Building?

    The Gerona Building is currently listed for sale at Contact for pricing.

  • What is the total size of The Gerona Building?

    The Gerona Building has a total of 5,896 square feet.

Contact Listing Broker
Bob Buckmaster

Coldwell Banker Premier Properties Commercial

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