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114 S 3rd St

7,949 SF Specialty Building Offered at $1,200,000 in Palatka, FL 32177

Executive Summary

So many possibilities! Prime location in growing Downtown Palatka's South Historic District. Just off busy St. John's Ave, near city boat ramps and views of St. John's River from the upper deck. Approximately 8,000 square feet gives you plenty of space for almost anything. Built to serve as the local Elks Club, later was used in part for restaurant and bar, has some equipment remaining such as fire suppression equipment and hoods etc that could be reinstalled. Current owner started renovations including new sewer lines, water lines and gas line. Access with the frontage on Oak street as well as South 3rd Street. Recent Historic Survey classified as Non-Contributing designation which gives more flexibility for future renovations. Plans available under documents that show the current owners idea for renovation. Building has solid bones and was tented for termites 2023 with 5 year warranty. It is ready for your vision. Creative owner terms negotiable and possible discount for CASH!

Property Facts

Price $1,200,000
Price Per SF $151
Sale Type Investment
Property Type Specialty
Property Subtype Lodge/Meeting Hall
Building Class C
Lot Size 0.34 AC
Building Size 7,949 SF
No. Stories 2
Year Built 1940
Tenancy Single
Parking Ratio 1.25/1,000 SF
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
42-10-27-6850-0140-0052
Land Assessment
$29,530
Improvements Assessment
$207,220
Total Assessment
$236,750

zoning

Zoning Code DR (Downtown Riverfront District)
DR (Downtown Riverfront District)
  • Listing ID: 33856463

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 114 S 3rd St, Palatka, FL 32177

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