H&R Block 2413 Crill Ave 8,530 SF 100% Leased Office Building Palatka, FL 32177 $625,000 ($73.27/SF)

INVESTMENT HIGHLIGHTS

  • Heavily traveled highway frontage.
  • All units currently leased by long term tenants.
  • Access from two streets.

EXECUTIVE SUMMARY

Investment opportunity! Strip center with 4 units on heavily traveled Crill Ave/Hwy 20. All units currently rented with long term tenants: H& R Block, The Church of God, and Carter's Music Center. Building has 8,530 total sqft, city water/sewer, & fenced rear parking with front & rear gates. Property has access from both Crill Ave/Hwy 20 & President St. Parking in front with additional parking on side of building. Unit 2413 has 4,750 total sqft, 2 bathrooms (one is ADA), break room w/sink, & private storage room; leased for $1,575/month . Unit 2415 has 1,380 total sqft, 1 bathroom, & rear storage room; leased for $450/month. Units 2417 & 2419 are occupied by the same tenant, together they have 2,400 total sqft, 4 private rooms, & 2 offices; leased for $1,300/month. Roofs are less than 10 years old (Unit 2413 installed Oct/2015 with warranty until May/2031 and roof on remainder units installed June/2016). Don't miss out on the possibilities! The adjacent part of strip center is also available for purchase.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
8,530 SF
Building Class
C
Year Built
1948
Price
$625,000
Price Per SF
$73.27
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,530 SF
Building FAR
0.35
Lot Size
0.56 AC
Zoning
C-2

AMENITIES

  • Central Heating
  • Air Conditioning

PROPERTY TAXES

  • Listing ID: 32031583

  • Date on Market: 6/5/2024

  • Last Updated:

  • Address: 2413 Crill Ave, Palatka, FL 32177