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481 HIGHWAY 17, Palatka, FL 32177
$1,090,000
































Property Type:
Commercial Sale
Square Footage:
17,834
Lot Size (sq. ft.):
404,672
Status:
Active
Current Price:
$1,090,000
List Date:
1/21/2025
Last Modified:
5/01/2025
Description
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 and 20 storage containers 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.
More Information MLS# 2007477
Contract Information
Current Price: $1,090,000
List Price: $1,090,000
Status: Active
Listing Contract Date: 2024-02-06
Property Sub Type: Industrial
Location Tax and Legal
Street Number: 481
Street Name: HIGHWAY 17
County: Putnam
State: FL
Postal Code: 32177
MLS Area Major: 562-Bardin/West Bostwick
General Property Information
Building Area Total: 17834
Building Area Source: Owner
Year Built: 1966
Lot Size Acres: 9.29
Waterfront YN: No
Directions: Take HWY 17 North from State Road 19. Destination on the Left before you cross Etonia Creek/Rice Creek Bridge.
Public Remarks: 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 and 20 storage containers 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.
List Price/SqFt: 61.12
Status Change Information
Major Change Timestamp: 2025-01-24T17:11:20Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-01-24T17:11:20Z
Property Features
Business Type: Industrial; Retail
Construction Materials: Block
Current Use: Retail
Electric: 440 Volts
Fencing: Chain Link
Listing Terms: Cash; Conventional; Owner May Carry
Lot Features: Few Trees; Wetlands
Parking Features: Off Street
Possession: Negotiable
Road Frontage Type: Highway
Roof: Metal
Sale Includes: Building & Land
Sewer: Septic Tank
Utilities: Cable Available; Electricity Connected
Water Source: Well
Documents
Listing Office: IHEART REALTY INC
Last Updated: May - 01 - 2025
Information deemed reliable but not guaranteed.