667 3Rd Ave Satsuma, FL 32189
This exceptional commercial property, located at 667 3rd Avenue in Welaka, Florida, presents a unique investment opportunity. Built in 2004, this 2,160 square foot retail space sits on a 10,018.8 square foot lot (Lot 1 included). The building boasts a modern, neutral interior finish and an open floor plan, offering flexible layout options for various business types. A full-size kitchen with ample cabinetry and a dishwasher is included, along with an efficiency apartment (approx. 192 sq ft with added deck space) featuring a separate rear entrance, two ADA-compliant bathrooms, and washer/dryer hookups. Large storefront windows provide excellent visibility and signage opportunities. The property benefits from easy-to-maintain landscaping and mature trees. Currently zoned General Commercial by the Town of Welaka, this property is ideally situated in a growing commercial market experiencing significant development, making it an attractive investment for both established businesses and those seeking passive income streams. The property's prime location and versatile design make it suitable for a wide range of commercial uses. A survey is available for reference. Asking price: $375,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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