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3833-3835 Reid Street

Palatka, FL 32177
  • $1,200,000
  • STATUS: Active Under Contract
  • ON SITE: 279 Days
  • MLS #: 1236448
Under Contract
$1,200,000
  • 0
    BEDS
  • 3.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,872
    SQFT
  • $110
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Sale includes 3833 and 3835 Reid Street. 3 single family homes and 4 duplexes sit on 3.42 acres of land currently being used as multifamily residential and zoned for commercial (C2) use. The possibilities are endless for this prime piece of property located in the rapidly expanding commercial zone near State Road 100 and State Road 19 (proposed site for the new WAWA store and Longhorn Steakhouse). This intersection currently has excellent exposure at 20,000 cars per day. Property has direct left-hand turning access. Total gross rental income of $90K is being generated for all 11 units. All structures being sold as is. Nearby businesses include Lowe's, Home Depot, Holiday Inn Express, Dollar General, Sonnys BBQ, and Zaxby's. Owner will consider financing with strong down payment.

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© 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than EXIT 1 Stop Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2024-04-04T00:39:25.807.

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3833-3835 Reid Street Palatka, FL 32177

  • Price: $1,200,000
  • Status: Active Under Contract
  • On Site: 279 Days
  • MLS #: 1236448
0
Beds
0
Baths
0
½ Baths
3.42
Acres
10,872
SQFT
$110
$/SQFT
Neighborhood:
561-GREATER PALATKA
County:
Putnam
Area:
561-GREATER PALATKA
Property Description
Sale includes 3833 and 3835 Reid Street. 3 single family homes and 4 duplexes sit on 3.42 acres of land currently being used as multifamily residential and zoned for commercial (C2) use. The possibilities are endless for this prime piece of property located in the rapidly expanding commercial zone near State Road 100 and State Road 19 (proposed site for the new WAWA store and Longhorn Steakhouse). This intersection currently has excellent exposure at 20,000 cars per day. Property has direct left-hand turning access. Total gross rental income of $90K is being generated for all 11 units. All structures being sold as is. Nearby businesses include Lowe's, Home Depot, Holiday Inn Express, Dollar General, Sonnys BBQ, and Zaxby's. Owner will consider financing with strong down payment.
Exterior Features

Construction Materials ConcreteFrameWood Siding Roof Shingle Waterfront YN No

Interior Features

Heating Central Heating YN Yes

Property Features

Additional Remarks Road Surface: Asphalt RoadNumber of Units: 11 - 20 Units Additional Remarks2 Lot Location-Urban/City: YNumber of Buildings: 7+ BldgsCeiling Height: 8' - 10' Ceilings Additional Remarks3 Current Zoning: C2Occupant Type: AppointmentCall Listing Agent Current Use CommercialHotel/MotelIndustrialInvestmentMulti-FamilyOfficeRetailSingle Family Listing Terms Cash Possession Subject To Tenant Rights Property Sub Type Mixed Use Sewer Septic Tank Utilities Separate Electric Meters Water Source Well

Listing courtesy of BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY: 904-471-6906.


© 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than EXIT 1 Stop Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2024-04-04T00:39:25.807.

Digital Millennium Copyright Act
 
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EXIT 1 Stop Realty
13529 Beach Blvd Suite 307A
Jacksonville FL, 32224