3629 PACETTI Road, St Augustine, FL 32092

$1,800,000
Property Type: Commercial Sale Square Footage: 10,888 Lot Size (sq. ft.): 114,998 Status: Closed
Current Price: $1,800,000 List Date: 4/05/2021 Last Modified: 2/07/2025

Description

This property is priced at its real estate value only with 2.64 acres of land & a 9,920sf fully equipped building. Downstairs is used as a PET SPA with boarding, grooming, & daycare. 2nd floor is unfinished but has conditioned air & is used for overflow boarding, overnight emergencies, training, & indoor exercise. The upstairs could be finished out for other uses. It is an established, fully staffed, operating business with real estate generating over $178,900 NOI. Revenue is much higher for 2021 (NOI about $194,000), & growth has been the highest than any other year in business. Great clientele, great revenues, & great location. Manager and staff will remain for new owner if so desired. However, Seller will consider a NNN lease back for a term of 5 years. Great 1031 exchange property.

More Information MLS# 1103156

Contract Information

Current Price: $1,800,000 Sold Price: $1,800,000 Status: Closed Listing Contract Date: 2021-04-05 Property Sub Type: Mixed Use

Location Tax and Legal

Street Number: 3629 Street Name: PACETTI Street Suffix: Road County: St. Johns State: FL Postal Code: 32092 MLS Area Major: 309-World Golf Village Area-West

General Property Information

Building Area Total: 10888 Building Area Source: Public Records Year Built: 2010 Lot Size Acres: 2.64 Waterfront YN: No Stories Total: 2 Directions: From I-95 take Exit 323 go West. Stay on WGV drive cross over SR-16. Property will be approximately 1.3 miles. Property is on your right beside Murabella Animal Hospital. Public Remarks: This property is priced at its real estate value only with 2.64 acres of land & a 9,920sf fully equipped building. Downstairs is used as a PET SPA with boarding, grooming, & daycare. 2nd floor is unfinished but has conditioned air & is used for overflow boarding, overnight emergencies, training, & indoor exercise. The upstairs could be finished out for other uses. It is an established, fully staffed, operating business with real estate generating over $178,900 NOI. Revenue is much higher for 2021 (NOI about $194,000), & growth has been the highest than any other year in business. Great clientele, great revenues, & great location. Manager and staff will remain for new owner if so desired. However, Seller will consider a NNN lease back for a term of 5 years. Great 1031 exchange property. List Price/SqFt: 188.27 Sold Price/SqFt: 165.32

Status Change Information

Major Change Timestamp: 2023-11-20T13:20:05Z Major Change Type: Price Change Price Change Timestamp: 2021-11-23T18:17:59Z Purchase Contract Date: 2022-03-25 Close Date: 2022-04-20 Close Price: 1800000

Income and Expenses

Net Operating Income: 155152

Historical Information

Public Historical Remarks 1: Road Surface: Asphalt Road, Lot Location-Suburban: Y, Possible Financing-1031 Exchange: Y, Approx. Total SqFt: 9920.00, Number of Units: 1 - 4 Units Public Historical Remarks 2: Number of Buildings: 1 Building, Ceiling Height: 8' - 10' Ceilings Public Historical Remarks 3: Current Zoning: PROF SVC

Property Features

Building Features: Fenced; Pool Construction Materials: Concrete; Frame Current Use: Commercial; Office; Retail Electric: 100 Amp Service; 220 Volts Heating: Central Listing Terms: Cash; Conventional Lot Features: Irregular Lot Parking Features: Parking Lot Possession: Subject To Tenant Rights Roof: Shingle; Other Security Features: Security Lights Sewer: Public Sewer Utilities: Cable Connected; Other Water Source: Public
Listing Office: COLDWELL BANKER VANGUARD REALTY
Last Updated: February - 07 - 2025
Information deemed reliable but not guaranteed.