WATSON REALTY CORP
Listed by WATSON REALTY CORP
$400,000
1173 HIGHWAY 17
Details
APN 391126847001100100
Property Type Business for Sale, Mixed Use
Sub Type Business Only, Mixed Use
Units 1
Year Built 1900
Acreage 0.780
Business for Sale
Marketing description
RARE COMMERCIAL OPPORTUNITY! Approximately 0.78 acres w/131± feet of US Highway 17 frontage in the growing Satsuma, FL corridor. Zoned C-1 Commercial Neighborhood, this property includes a historic 1900 Victorian, 30x40 steel building,& additional storage shed,offering exceptional redevelopment,renovation,or investment potential. Permitted uses include retail sales,restaurant,café, professional or medical offices,daycare,adult care, salon,boutique,antique store,service business,& mixed-use opportunities(buyer to verify).Potential Special Use opportunities may include drive-thru facilities,clubs,cultural or religious facilities,& essential public services. Ideally located between Palatka,Welaka,Crescent City,& the St.Johns River, w/easy access to Crescent Lake,local parks,&recreation.Just minutes from the proposed Johnny Morris/Bass Pro resort area,this high-visibility location offers excellent traffic exposure, convenient access,&outstanding long term investment.DO NOT BOTHER WORKSHOP AS-IS No repairs will be made. Disclosures on file DO NOT BOTHER THE TENANT IN THE WORKSHOP. Content in the home is negotiable. 3rd floor stairs is not to current code. Use caution when going to the 3rd floor. There was a small fire at some point on the 3rd floor. Seller left it exposed, minor damage. There are 2 large rooms on the 3rd floor. Seller does not guarantee measurements, Square footage taken from property appraisers office, buyer to verify. 100 FT Railroad easement. Buyer to verify Highway 17 easement
Listing Contacts
WATSON REALTY CORP
Listed by WATSON REALTY CORP
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
