High Visibility Redevelopment Opportunity 1.61 Acres in Growing Palatka Market
Presenting a premier commercial offering in Palatka, Floridaspanning 1.61 acres across three contiguous parcels. Strategically positioned at the high traffic intersection of State Road 19 and St. Johns Avenue, this property boasts exceptional visibility and significant redevelopment potential in one of Putnam Countys fastest growing areas.
Parcel 1 features a 0.93 acre lot improved, zoned C 4 Commercial Intensive, with a 7,918 sq ft retail building operating as a plumbing and electrical supply business. The structure includes a large reception area, three offices, two bathrooms, a spacious workshop, and ample storageideal for retail or showroom use. The lot has a fenced area at the rear housing an additional 2,592 sq ft warehouse with a 420 sq ft canopy.
Parcel 2, located at the rear of Parcel 1, is a 0.18 acre vacant lot with no street frontage. This space adds depth and flexibility to the overall site layout, providing further room for outdoor storage, expansion, or potential redevelopment.
Parcel 3, at 108 N State Road 19, spans 0.5 acres and includes a former filling station zoned C 2 (Commercial, General Light). This 1,664 sq ft building features large roll up glass doors, prominent front facing windows, and a 600 sq ft canopyideal for automotive, retail, or service oriented business uses.
The entire offering presents abundant paved parking, prominent street exposure, and is strategically positioned in one of Palatkas busiest commercial corridors. The parcels may be purchased together for $3,000,000 or separately, with Parcel 3 offered at $1,250,000 and Parcels 1 & 2 combined at $1,750,000. If re parceling is desired to achieve a specific size or frontage, the seller will consider with a reasonable offer.
The sale includes real estate only; no business, assets, or equipment will convey. The existing business will vacate upon sale. Owner financing may be considered with a minimum 20% down payment.
This is a rare investment opportunity to acquire a highly visible, versatile commercial property with significant existing infrastructure and substantial upside for redevelopment, expansion, or repurposing.
High Visibility Redevelopment Opportunity 1.61 Acres in Growing Palatka Market
Presenting a premier commercial offering in Palatka, Floridaspanning 1.61 acres across three contiguous parcels. Strategically positioned at the high traffic intersection of State Road 19 and St. Johns Avenue, this property boasts exceptional visibility and significant redevelopment potential in one of Putnam Countys fastest growing areas.
Parcel 1 features a 0.93 acre lot improved, zoned C 4 Commercial Intensive, with a 7,918 sq ft retail building operating as a plumbing and electrical supply business. The structure includes a large reception area, three offices, two bathrooms, a spacious workshop, and ample storageideal for retail or showroom use. The lot has a fenced area at the rear housing an additional 2,592 sq ft warehouse with a 420 sq ft canopy.
Parcel 2, located at the rear of Parcel 1, is a 0.18 acre vacant lot with no street frontage. This space adds depth and flexibility to the overall site layout, providing further room for outdoor storage, expansion, or potential redevelopment.
Parcel 3, at 108 N State Road 19, spans 0.5 acres and includes a former filling station zoned C 2 (Commercial, General Light). This 1,664 sq ft building features large roll up glass doors, prominent front facing windows, and a 600 sq ft canopyideal for automotive, retail, or service oriented business uses.
The entire offering presents abundant paved parking, prominent street exposure, and is strategically positioned in one of Palatkas busiest commercial corridors. The parcels may be purchased together for $3,000,000 or separately, with Parcel 3 offered at $1,250,000 and Parcels 1 & 2 combined at $1,750,000. If re parceling is desired to achieve a specific size or frontage, the seller will consider with a reasonable offer.
The sale includes real estate only; no business, assets, or equipment will convey. The existing business will vacate upon sale. Owner financing may be considered with a minimum 20% down payment.
This is a rare investment opportunity to acquire a highly visible, versatile commercial property with significant existing infrastructure and substantial upside for redevelopment, expansion, or repurposing.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Road Frontage Type: State Road
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Legal Description: Parcel 1: PT OF SE1/4 OF SW1/4 OR173 P129 OR288 P682 OR553 P1227, Parcel
Parcel 2: PT OF SE1/4 OF SW1/4 COLLEGE PARK S/D MB4 P147 PT OF LOTS 23+24 OR1624 P1676
Parcel 3: PT OF SE 1/4 OF SW 1/4 OR 124, P 37
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