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.
Property Details
Price:
$699,000
MLS #:
FC303359
Status:
Active
Beds:
0
Baths:
0
Address:
2401 CRILL AVENUE
Type:
Commercial
Subtype:
Restaurant
Subdivision:
OAK RIDGE SUB
Neighborhood:
32177 – Palatka
City:
PALATKA
Listed Date:
Sep 4, 2024
State:
FL
Finished Sq Ft:
6,164
Total Sq Ft:
6,164
ZIP:
32177
Lot Size:
23,087 sqft / 0.53 acres (approx)
Year Built:
1964
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Concrete, Wood Siding
Financial
Tax Year
2023
Taxes
$7,316
Map
Community
- Address2401 CRILL AVENUE PALATKA FL
- SubdivisionOAK RIDGE SUB
- CityPALATKA
- CountyPutnam
- Zip Code32177
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2401 CRILL AVENUE
PALATKA, FL
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