$1,200,000

3833-3835 Reid Street, Palatka, FL

10,872

Square feet

3.42

Acres

Description of 3833-3835 Reid Street, Palatka - MLS# 1236448

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.

Features of 3833-3835 Reid Street

MLS® # 1236448
Price $1,200,000
Square Footage 10,872
Acres 3.42
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information : Palatka

Address 3833-3835 Reid Street
Area 561-Greater Palatka
City Palatka
County Putnam
State FL
Zip Code 32177

Amenities of 3833-3835 Reid Street

Utilities Separate Electric Meters
Is Waterfront No
Has Pool No
Gated Community No
Senior Community No
Guest House No

Interior of 3833-3835 Reid Street

Heating Central
Has Fireplace No
# of Stories 1

Exterior of 3833-3835 Reid Street

Roof Shingle
Construction Concrete, Frame, Wood Siding

Additional Information On 3833-3835 Reid Street

Date Listed July 12th, 2023
Days on Market 309
Foreclosure No
Short Sale No
RE / Bank Owned No
Has CDD Fee No

Listing Details

OfficeBERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Listing Map

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