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    Retail properties & Spaces

    1321 St. Johns Ave, Palatka, FL 32177

    Built 1957
    Property ID
    Property summary
    AI-generated overview

    This exceptional offering presents a unique opportunity to acquire a well-established retail business, complete with its building and land, in the thriving city of Palatka, Florida. The property, located at 1321 ST. JOHNS Avenue, boasts a substantial 9,583.2 square foot lot and a single-story building constructed in 1957. The business, known as Bennett Glass, has enjoyed a long and successful history, operating since the early 1970s under the same family ownership. This turnkey operation offers immediate income potential and the benefit of a strong local reputation. Financial records will be made available under a confidentiality agreement. The sale includes two parcels, identified as 42-10-27-6850-2530-0051 and 42-10-27-6850-2530-0050, with taxes reflecting both. The asking price for the complete package—business, building, and land—is $390,000. Alternatively, the building and land can be purchased separately for $234,900, providing flexibility for interested buyers. This is a rare chance to own a piece of Palatka's commercial landscape with significant upside potential. The property's prime location and established business provide a solid foundation for continued success and growth. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1957
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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