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2660 US-17 3,925 SF 100% Leased Retail Building Crescent City, FL 32112 $550,000 ($140.13/SF)
Investment Highlights
- Income-Producing Asset: Two parcels totaling 5.86 acres with 5 rental units, including 2 commercial buildings, sold together as one investment.
- Established Holding: Long-term ownership since 1983, offering a rare opportunity to acquire a multi-use property with proven history.
- Development Potential: Features commercial zoning on 0.3 acres with ample room for future expansion or redevelopment.
Executive Summary
Income-Producing Investment Opportunity! This property spans two parcels (2664 S Highway 17 and 2660 S Highway 17) one is 5.56 acres and the other is ( 0.3 zoned commercial ) and features 5 rental units—including 2 commercial buildings. Both properties are being sold together as one unit for price listed. Room for future development or expansion. Only agricultural property is listed in tax records. Purchase price on 7/1/1983 was $130,000.00. Each parcel was sold on 7/1/1983 for $65,000.00 each.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,925 SF
Building Class
C
Year Built
1920
Price
$550,000
Price Per SF
$140.13
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.02
Lot Size
5.83 AC
Opportunity Zone
Yes
Property Taxes
| Parcel Numbers | Improvements Assessment | $215,270 | |
| Land Assessment | $75,350 | Total Assessment | $290,620 |
Property Taxes
Parcel Numbers
Land Assessment
$75,350
Improvements Assessment
$215,270
Total Assessment
$290,620
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2660 US-17
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