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3833-3835 REID, Palatka, Florida 32177 MLS 1236448For sale

3833-3835 REID, Palatka, Florida 32177

$1,200,000
0 Bedrooms
0 Bathrooms
10,872 Sqft
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.

Basic Details
Commercial Sale
Mixed Use
For sale
1236448
$1,200,000
0
0
0
10,872 Sqft
0
148,975 Sqft
Features
: Central
Address Map
Country : US
State : FL
County : Putnam
City : Palatka
Zipcode : 32177
REID
3833-3835
Street
W82° 19' 32.8''
N29° 39' 33.7''
561-Greater Palatka
MLS Information
12-18-2023 14:45:04
Active
04-17-2024
1
76092
LISE MURPHY
904-540-0868
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
2.5 %
2.5
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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Agent info
Mike Schwiebert, REALTOR ®
INI Realty
3603 Cardinal Point Drive. Jacksonville, FL 32257
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