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3833-3835 Reid St

Palatka, FL 32177
  • $1,200,000
  • STATUS: Active
  • ON SITE: 76 Days
  • MLS #: 1236448
UPDATED: 16 min ago
$1,200,000
  • 0
    BEDS
  • 3.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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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© 2023 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 97Park 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 2023-09-26T10:31:46.44.

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3833-3835 Reid St Palatka, FL 32177

  • Price: $1,200,000
  • Status: Active
  • On Site: 76 Days
  • Updated: 16 min ago
  • MLS #: 1236448
0
Beds
0
Baths
0
½ Baths
3.42
Acres
Neighborhood:
56-Putnam County-NE
County:
Putnam
Area:
56-Putnam County-NE
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 Wood SidingConcrete Lot Features Urban/City Road Frontage Type State Road Road Surface Type Asphalt Roof Shingle

Property Features

Business Type Multi-FamilyRetailIndustrial/WarehouseProfessional/OfficeHotel/MotelBusinessWarehouseInvestment Cash Yes Development Status Recorded Plat Listing Terms Cash Possession Tenant Occupied Utilities Water Well(Drinking)Sewer - Septic Sys

Listing courtesy of Berkshire Hathaway Homeservices Florida Network Realty: (904) 471-6906.


© 2023 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 97Park 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 2023-09-26T10:31:46.44.

Digital Millennium Copyright Act
 
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