511 St Johns Ave - Office FOR SALE


Palatka, FL 32177
$1,700,000 USD
386-328-6716
511 St Johns Ave, Palatka, FL for Sale
$1,700,000 USD
Office - FOR SALE
1/37
null | Request Cap Rate

511 St Johns Ave
Palatka, FL 32177


HIGHLIGHTS

  • Located on a signaled corner lot with sidewalks.
  • Ample paved off street parking.
  • In the downtown Palatka business district.

OVERVIEW

Endless possibilities with great exposure in downtown Palatka. This two story building with steel & masonry frame construction was previously used as a banking facility, but in 2014 was partially remodeled for daycare/nursery. First floor has 12,536 +/- sqft & second floor has 4,385 +/- sqft. Second floor is accessible by two interior staircases & one elevator. There is also an additional detached building (previously a drive-thru) with 392 +/- sqft. Building has an interior fire suppression system. Ample paved offstreet parking. Irregularly shaped parcel with frontage along three roadways. Located near the Putnam County Courthouse & the beautiful St. Johns River. Zoning allows potential for commercial downstairs & residential upstairs. Listing is for Parcel A on the survey.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

DB

APN/PARCEL ID

42-10-27-6850-0280-0010

ASK ABOUT THIS PROPERTY

Marc SpaldingColdwell Banker Ben BatesMore Info
386-328-6716

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Marc SpaldingColdwell Banker Ben BatesMore Info
386-328-6716

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.