481 HIGHWAY 17 Palatka, FL $ 1,390,000
481 HIGHWAY 17
$ 1,390,000
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481 HIGHWAY 17

Palatka, FL, 32177
$ 1,390,000
Baths0.0 Sq 17,834

Monthly Estimate*

$ 9,238

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Studio

Commercial Property for sale in Palatka, FL

for $1,390,000. This 17,834 square foot building was built in 1966 on a lot size of 9.29.

Opportunity of the Century! This 9.29 Acre parcel is Zoned IL (Light Industrial) and is presently being used as Commercial Retail space through the use of a Special Use Permit. The property accounts for roughly 925ft of highway frontage along US Highway 17, which hosts an Annual Average Daily Traffic count of 13,800 vehicles per day! Possibilities are endless with this 13,000+ square foot Concrete Block Building already equipped with 3-Phase Power! As if this wasn't enough, there are two additional 2,400 square foot (40ft x 60ft) warehouse buildings on the property for additional storage. Ideally located between Jacksonville, Gainesville, St Augustine, Palm Coast, & Ocala. Seller-financing available with 25% cash down, amortized over 30 years at 5.5% APR with a 5-year balloon.

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Commercial Active

Price

$ 1,390,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,750

Style

Industrial

Lot Size

9.29

Year Built

1966

Town/City

Palatka

County/Region

Putnam

MLS | Web ID

2007477

Features
General
Sewer Septic Tank
Utilities Cable Available Electricity Connected
Possession Negotiable
Roof Metal
Construction Materials Block
Year Built 1966
Electric 440 Volts
Property SubType Industrial
Tax Year 2023
Current Use Retail
County Putnam
New Construction 0 None
Property Type Commercial Sale
HOA / Comm Assn N
Status Active
Directions Take HWY 17 North from State Road 19. Destination on the Left before you cross Etonia Creek/Rice Creek Bridge.
City Palatka
Buyer Agent Compensation 5.00
View Y/N N
Senior Community Y/N N
MLS Area 562-Bardin/West Bostwick
Lot Size Units Acres
Lot Size Square Feet 404672.4
Waterfront Y/N N
Street Name HIGHWAY 17
Listing Terms Cash Conventional Owner May Carry
Land Lease Y/N N
Tax Annual Amount 5750.59
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 562-Bardin/West Bostwick
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 115
Standard Status Active
Legal Description STINWILL SUBURBAN FARMS MB2 P39 PT OF LOT 29 OR128
Cash True
Conventional True
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Exterior
Fencing Chain Link
Lot Features Few Trees Wetlands
Water Source Well
Lot Size Area 9.29
Spa N
Lot Size Acres 9.29
Road Frontage Type Highway
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 481
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* Excluded Features
List By
Iheart Realty Inc

Broker

Chase@iHeartRealtyInc.com

Email

Affordability Calculator

$9,718
Per Month
95%
5%
0%
Monthly Principal & Interest
$9,238
Monthly Property Taxes
$479
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
308105 Elementary School
308138 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2024$1,390,000 Listed Price

Map


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481 HIGHWAY 17, Palatka, FL, 32177 is a Commercial Property for sale at $1,390,000 with 17,834 sqft and a lot size of 9.29. 481 HIGHWAY 17 is a studio with 0.0 baths and was built in 1966. The property's zip code is 32177 which is in Palatka, FL