REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 599,000
Est. payment | /mo
3 Baths
0.53 Acres Lot
$ 599,000
Est. payment | /mo
3 Baths
0.53 Acres Lot
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 244162
Full Baths 3
HOA Y/N No
Year Built 1964
Annual Tax Amount $7,316
Tax Year 2023
Lot Size 0.530 Acres
Acres 0.53
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
Total Parking Spaces 12
Building
Story 1
Level or Stories 1
Listed by Great Expectations Realty
GET MORE INFORMATION
CC Underwood
Owner