615 St Johns Ave Palatka, FL 32177
- Commercial real estate
- 0.02 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 615 St Johns Ave
- Year built
- 1928
- Lot size
- 0.02 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property, encompassing 607, 609, 613, and 615 St. John's Avenue in the heart of downtown Palatka, Florida, presents a unique investment opportunity for developers and investors. Spanning 0.02 acres, this versatile parcel offers significant potential for a dynamic mixed-use development. Its prime location in the bustling downtown district provides immediate access to local shops, restaurants, and businesses, enhancing the property's appeal and potential for high occupancy rates. The proximity to the scenic St. John's River adds to the desirability of the location, offering recreational opportunities and attractive views. The property's flexible zoning allows for a variety of uses, including residential apartments, office spaces, and ground-floor retail, catering to diverse market demands. This presents a chance to create a vibrant and integrated development that capitalizes on the current revitalization efforts and growing interest in downtown Palatka. The city's historic charm and riverfront location contribute to its increasing attractiveness as a destination, making this a timely and potentially highly profitable investment. The asking price is $1,500,000. This is a rare chance to acquire a significant piece of Palatka's burgeoning commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palatka
- County
- Putnam
- State
- Florida
- Longitude
- -81.6352
- Latitude
- 29.6471