421 ST JOHNS Avenue, Palatka, FL 32177 (MLS# 1228006)

421 ST JOHNS Avenue, Palatka, FL 32177

$750,000
Property Type: Commercial Sale Square Footage: 10,086 Status: Closed
Current Price: $750,000 List Date: 5/18/2023 Last Modified: 2/24/2025

Overview

Description

Own a piece of Palatka History. Circa 1885 building in great location near Putnam County Courthouse in the heart of Palatka's downtown area. HUGE at over 10,000 sq. feet. Lots of charm with great woodwork and details such as leaded glass accents. Plenty of modern upgrades including elevator also make this a perfect business location. In days when parking downtown is hard to find it will not be an issue here with plenty of on site parking. Currently leased to multiple tenants so please do not disturb. Shown by appointment only. Multiple offices and individual accessed units for commercial rentals. Recent Rent Roll attached but not at 100% occupancy and owner occupies large portion so the potential is much greater! Owner financing available, terms negotiable with substantial down paymen

Listing Details MLS# 1228006

General Property Information

Building Area Total
10086
Building Area Source
Public Records
Year Built
1890
Water Body Access YN
No
Waterfront YN
No
Stories Total
2
Directions
Corner of St. Johns Avenue and 4th Street.
Public Remarks
Own a piece of Palatka History. Circa 1885 building in great location near Putnam County Courthouse in the heart of Palatka's downtown area. HUGE at over 10,000 sq. feet. Lots of charm with great woodwork and details such as leaded glass accents. Plenty of modern upgrades including elevator also make this a perfect business location. In days when parking downtown is hard to find it will not be an issue here with plenty of on site parking. Currently leased to multiple tenants so please do not disturb. Shown by appointment only. Multiple offices and individual accessed units for commercial rentals. Recent Rent Roll attached but not at 100% occupancy and owner occupies large portion so the potential is much greater! Owner financing available, terms negotiable with substantial down paymen
List Price/SqFt
85.07
Sold Price/SqFt
74.36

Property Features

Construction Materials: Concrete Current Use: Commercial; Office Heating: Central Listing Terms: Cash; Conventional; Owner May Carry Parking Features: Parking Lot; Other Possession: Subject To Tenant Rights Sewer: Public Sewer Utilities: Cable Available; Other Water Source: Public

Contract Information

Listing Contract Date
2023-05-18
Property Sub Type
Mixed Use

Location Tax and Legal

Street Number
421
Street Name
ST JOHNS
Street Suffix
Avenue
County
Putnam
State
FL
Postal Code
32177
MLS Area Major
561-Greater Palatka

Status Change Information

Major Change Timestamp
2024-03-26T23:27:54Z
Major Change Type
Status Change
Purchase Contract Date
2024-01-26
Close Date
2024-03-26
Close Price
750000

Historical Information

Public Historical Remarks 1
Road Surface: Asphalt Road, Lot Location-Downtown: Y, Approx. Total SqFt: 10086.00, Number of Units: 11 - 20 Units,5 - 10 Units
Public Historical Remarks 2
Number of Buildings: 1 Building
Public Historical Remarks 3
Current Zoning: DB, Occupant Type: Appointment, Tenant Occupied, Special Instructions

More Information

Location, Tax, and Legal

Country
US
Parcel Number
421027685002500010

Construction Materials

Concrete
Yes

Current Use

Commercial
Yes
Office
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner May Carry
Yes

Parking Features

Parking Lot
Yes
Other
Yes

Possession

Subject To Tenant Rights
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Other
Yes

Water Source

Public
Yes
Listing Office: MODERN REALTY OF FLORIDA
Source MLS Verified
Last Updated: February - 24 - 2025
Information deemed reliable but not guaranteed.

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