2401 Crill Ave Active

Palatka,FL 32177

$ 599000

- Bed

3 Baths

- SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 244162

Full Baths 3

Year Built 1964

Annual Tax Amount $7,316

Tax Year 2023

Lot Size 0.530 Acres

Property Sub-Type Investment

Property Description

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.

Location

State FL

County Putnam

Area 21 - Putnam County

Exterior

Parking Features 12

Garage Spaces 12.0

Building

Story 1

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