Active

$3,000,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRFC310317
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
Introducing a prime commercial opportunity located at 110 N State Road 19 in Palatka, Florida, offering a total of 1.61 acres across three contiguous parcels with exceptional redevelopment potential and high visibility at the intersection of State Road 19 and St. Johns Avenue in the ever-growing Putnam County. 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 storage—ideal 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 canopy—ideal 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 Palatka’s 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.
Financial Considerations
Price:
$3,000,000
HOA Fee:
N/A
Tax Amount:
$8615.49
Price per SqFt:
$227.38
Tax 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
Exterior Features
Lot Size:
70131
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Mixed Use
Style:
N/A
Year Built:
1964
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    110 N STATE ROAD 19
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