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481 Us-17 17,320 SF Flex Building Palatka, FL 32177 $1,090,000 ($62.93/SF)

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Investment Highlights

Seller-financing available with 25% cash down, amortized over 30 years at 5.5% APR with a 5-year balloon.

Executive Summary

Opportunity of the Century! This 9.29 Acre parcel is Zoned IL (Light Industrial) and is presently being used as Commercial Retail space through the use of a Special Use Permit. The property accounts for roughly 925ft of highway frontage along US Highway 17, which hosts an Annual Average Daily Traffic count of 13,800 vehicles per day! Possibilities are endless with this 13,000+ square foot Concrete Block Building already equipped with 3-Phase Power! As if this wasn't enough, there are two additional 2,400 square foot (40ft x 60ft) warehouse buildings on the property for additional storage. Ideally located between Jacksonville, Gainesville, St Augustine, Palm Coast, & Ocala. Seller-financing available with 25% cash down, amortized over 30 years at 5.5% APR with a 5-year balloon.

MLS Brochure

Property Facts

Price	$1,090,000	Rentable Building Area	17,320 SF
Price Per SF	$62.93	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1966
Property Type	Flex	Tenancy	Single
Property Subtype	Light Distribution Flex Light Manufacturing General Retail Storefront Industrial Manufacturing	Parking Ratio	0.87/1,000 SF
Building Class	C	Clear Ceiling Height	10’
Lot Size	10.94 AC	No. Drive In / Grade-Level Doors	2
Zoning	IL - Light Industrial, but current owner had a Special Use Permit for a Commercial Storefront.

Price	$1,090,000
Price Per SF	$62.93
Sale Type	Investment or Owner User
Property Type	Flex
Property Subtype	Light Distribution Flex Light Manufacturing General Retail Storefront Industrial Manufacturing
Building Class	C
Lot Size	10.94 AC
Rentable Building Area	17,320 SF
No. Stories	1
Year Built	1966
Tenancy	Single
Parking Ratio	0.87/1,000 SF
Clear Ceiling Height	10’
No. Drive In / Grade-Level Doors	2
Zoning	IL - Light Industrial, but current owner had a Special Use Permit for a Commercial Storefront.

Space Availability

Space
Size
Space Use
Condition
Available

1st Floor
17,320 SF
Industrial
-
60 Days

This 9.29 Acre parcel is Zoned IL (Light Industrial) and is presently being used as Commercial Retail space through the use of a Special Use Permit. The property accounts for roughly 925ft of highway frontage along US Highway 17, which hosts an Annual Average Daily Traffic count of 13,800 vehicles per day! Possibilities are endless with this 13,000+ square foot Concrete Block Building already equipped with 3-Phase Power! As if this wasn't enough, there are two additional 2,400 square foot (40ft x 60ft) warehouse buildings and 20 storage containers on the property for additional storage. Ideally located between Jacksonville, Gainesville, St Augustine, Palm Coast, & Ocala. Property also available For Sale with Seller-financing available with 25% cash down, amortized over 30 years at 5.5% APR with a 5-year balloon.