3705 Old Lewis Speedway, Saint Augustine, FL, 32084 | $2,350,000

Prime Commercial Opportunity – 3705 Old Lewis Speedway (1. 09± Acres with Warehouse) Outstanding corner commercial offering at 3705 Old Lewis Speedway (CR-16A) featuring 1. 09± acres with excellent visibility, access, and existing income potential. The property includes a 13, 363± SF warehouse/office building, currently leased to a custom cabinetry facility with showroom, office, and production space, providing immediate functionality for owner-users or investors. The site is entitled under the Harwil Fixture Company PUD, allowing a wide range of Community Commercial uses with flexibility for office, service, light industrial, cabinet/millwork, trade or vocational schools, galleries, small appliance repair, and related operations. Existing improvements include established parking, loading area, and a 24’ commercial driveway for efficient access and circulation. Located within the City of St. Augustine Utility Service Area, the property is currently served by well and septic. PUD provisions allow outdoor business operations from 6 AM–8 PM, with flexible office/support use hours. Positioned within an established “cottage industry” corridor near the St. Johns County Courthouse, Sebastian Middle School, St. Augustine High School, and convenient SR-16/US-1 access, this property offers exceptional centrality and connectivity. Additional Opportunity: The adjoining 1. 19± acre vacant corner parcel at 3695 Lewis Speedway is available for purchase separately or in combination, offering expansion, redevelopment, or investment upside for buyers seeking additional land in this high-demand commercial corridor. Ideal for owner-users, investors, or businesses seeking immediate occupancy with future expansion potential in one of St. Augustine’s most accessible commercial locations.

Features

  • Current Use: Industrial-Light,Manufacturing-Light,Warehouse Storage
  • Zoning: PUD
  • Lot Size: 1.09
  • Year Built: 1980
  • Approx Sq. Feet: 13,363
  • Acreage: 1.09
  • Est. Taxes: $9,342
  • MLS#: 260904
  • Days on Market: 43 days
  • Website: https://www.raveis.com
    /prop/260904/3705oldlewisspeedway_saintaugustine_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of St Augustine & St. Johns County Board of REALTORS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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3705 Old Lewis Speedway, Saint Augustine, FL, 32084

$2,350,000

Laurie Bellico - The Laurie Bellico Team

Luxury Properties Specialist

William Raveis Real Estate

Phone: 239.293.9389

Laurie.Bellico@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,880,000 $1,880,000 $1,880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.263% 6.259% 6.203%
Monthly Tax Payment $779 $779 $779
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,971 $11,423 $15,865
Total Monthly Payment $11,874 $12,326 $16,768

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.