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2401 Crill Ave

6,164 SF Retail Building Palatka, FL 32177 $649,000 ($105/SF)

Executive Summary

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 Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,164 SF
Building Class
C
Year Built
1964
Price
$649,000
Price Per SF
$105
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.53 AC
Zoning
C-2 - See flyer for zoning description
Parking
12 Spaces (1.95 Spaces per 1,000 SF Leased)
Frontage
198 FT on Crill Ave

Amenities

  • Signalized Intersection

Nearby Major Retailers

TD Bank
Buddy's Home Furnishings
Longhorn Steakhouse
Golden Corral
Sonny"s Real Pit Bar B-Q

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-10-26-6500-0081-0010
Land Assessment
$46,170
Improvements Assessment
$272,320
Total Assessment
$318,490
  • Listing ID: 33043405

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 2401 Crill Ave, Palatka, FL 32177

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