203 Laurel St, Palatka, FL 32177 | For Sale

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For Sale $756,000 ($921.95 per Sq Ft)

$756,000 ($921.95 per Sq Ft)
  • (0)
  • Units
  • 820 Sq Ft
  • 2,178 Sq Ft
  • Unknown Cap Rate

Description

This unique Riverview opportunity in downtown Palatka is perfectly positioned in the heart of the historic commercial district. The 820 sq. ft. building, originally constructed in 1958 and fully renovated in 2001, offers a compact yet efficient layout, ideal for a wide range of business uses. Situated adjacent to a public city parking lot, it provides added convenience for customers and clients, enhancing its appeal for entrepreneurs looking to establish themselves in a vibrant and picturesque area.

Currently home to a hair salon (business not included in the sale), this property presents an excellent investment opportunity for those seeking a turnkey commercial space. For developers, the property holds tremendous potential for redevelopment. Its highest and best use could involve adding additional levels, creating the possibility for vertical expansion and stunning views of the nearby river, perfect for mixed-use development such as office, retail, or residential units.

The diverse zoning of the property further adds to its attractiveness, allowing for a variety of uses including office space, retail, galleries, or residential development. Whether you’re an investor, a developer, or a business owner looking to establish a presence in this historic district, this property offers significant potential for growth and long-term success.

Don’t miss this rare chance to own a piece of downtown Palatka’s charming and thriving commercial landscape.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $756,000
Property Type Office
Usable Sqft 820
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 1958
Last Sold Unknown
Sold Price Unknown
APN # 421027685001200070
MLS # FC301987
Property ID 295809315
Lot Sqft 2,178
Zoning DR / SHD
Days on Market 84
Original List Price $756,000
Date Updated September 27, 2024
Date Created August 29, 2024

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

JENA DENNIS an agent of . Lic #3387473


© 2024 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of September 27, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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