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
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
1 of 1
PROPERTY TAXES
Parcel Number | 12-10-26-6500-0081-0070 | Improvements Assessment | $328,880 |
Land Assessment | $46,830 | Total Assessment | $375,710 |