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
Listing Office: IHEART REALTY INC
Last Updated: May - 01 - 2025
Information deemed reliable but not guaranteed.