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Brian Hawes

brian.hawes@engelvoelkers.com +1(760) 828-8340

$ 699,000

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Active

2401 CRILL AVE Palatka, FL 32177

4,144 SqFt

UPDATED:

09/25/2024 11:46 PM

Key Details

Property Type Commercial

Sub Type Restaurant

Listing Status Active

Purchase Type For Sale

Square Footage 4,144 sqft

Price per Sqft $168

Subdivision Oak Ridge Sub

MLS Listing ID FC303359

HOA Y/N No

Originating Board Stellar MLS

Year Built 1964

Annual Tax Amount $7,316

Lot Size 0.530 Acres

Acres 0.53

Property Description

This newly renovated turn-key commercial building has two units, both currently occupied by a cafe / restaurant. The property offers a prime opportunity for investors with a long term tenant in place, with 9 years left on their lease. Situated on a prime corner lot on a busy thoroughfare and there is over 4,144 square feet of leased space, with C-2 zoning. Current income is $4,000 per month for both units, providing stable and consistent rental income. The property has a full commercial kitchen and three ADA accessible restrooms. The building has been recently updated with new paint, flooring, walk-in cooler, and resurfaced parking lot, enhancing its appeal and functionality. Located on a well-traveled avenue, this property combines a strategic location with reliable tenancy, making it a solid investment choice.

Location

State FL

County Putnam

Community Oak Ridge Sub

Zoning C-2

Interior

Cooling Central Air

Exterior

Waterfront false

Building

Foundation Slab

Lot Size Range 1/2 to less than 1

Structure Type Concrete,Wood Siding

New Construction false

Others

Ownership Partnership

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by GREAT EXPECTATIONS REALTY

Brian Hawes

Advisor | License ID: SL3425990

+1(760) 828-8340

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