$450,000
$525,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
14,620 SqFt
SOLD DATE : 08/28/2023
Key Details
Sold Price $450,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 14,620 sqft
Price per Sqft $30
MLS Listing ID 1213480
Sold Date 08/28/23
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1920
Lot Size 5,662 Sqft
Acres 0.13
Property Description
1920 3-Story HISTORIC BRICK HOTEL in the City of Palatka's DOWNTOWN RIVERFRONT DISTRICT known as The SHELLEY BUILDING. This COMMERCIAL BUILDING includes three suites {101, 102 & 103}. The H&C sq' on the first floor is 5,025 and is income producing. The total UR sq' is 14,620. There is potential for general retail, professional offices and/or apartments only three blocks from the St Johns River. The second and third floors are awaiting renovation. Parking is available along St Johns Ave & in the rear parking lot fronting US Hwy 17 (Reid St) which is a major East & West connector route in Florida with a traffic count of 31,000. Please see MLS# 1213479 for information on the adjoining property (318 St Johns Ave) which is currently listed for sale for $595,000. Measurements are estimated.
Location
State FL
County Putnam
Area 561-Greater Palatka
Direction From St. Rd. 19 travel east on St. Johns Avenue to 320 St. Johns Avenue on the Left. Property is 3 blocks from the St Johns River.
Interior
Heating Central
Exterior
Waterfront No
Private Pool No
Building
Lot Description Historic Area
Story 3
Sewer Public Sewer
Water Public
Level or Stories 3
Structure Type Brick Veneer,Frame
Others
Tax ID 421027685001500090
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with COLDWELL BANKER BEN BATES INC
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