$525,000
( $119.32Per Sq Foot )
 $2,818 est/mo Sourced by Back At You

600 Reid St,PALATKA, FL 32177

PALATKA, FL 32177

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Description

Outstanding Investment Opportunity with 8% Cap Rate This 4,400 sq. ft. insulated, steel-framed metal building is fully leased to a long-term tenant, offering reliable passive income. Positioned on a 0.21-acre lot, the property features a flexible layout that can accommodate a wide range of commercial usesmaking it ideal for investors seeking stable returns and future adaptability. Featuring a front retail space with office and one bathroom, and a spacious warehouse area with a roll-up door, this property provides seamless functionality and flexibility. The warehouse area boasts 10 to 13 ft. ceiling heights and durable concrete floors, ensuring easy maintenance and adaptability for storage, production, or distribution operations. Strategically positioned on the high-traffic corner of Reid & 6th Street, this location offers excellent visibility and accessibility for both customers and employees. The site includes ample parking, enhancing convenience for various commercial uses. Zoned C-2 Commercial General Light, this property accommodates a wide range of business types. The annual insurance cost is approximately $2,193.23, and the current property taxes are $2,544.00. There is a long-term tenant, a Vape Shop, with 3 years left on their lease currently paying annually $47,628.00.

Details

MLS #FC310329
Listing TypeFor Sale
StyleRetail
Sub-TypeFor-sale
StatusActive
Year1985
Days On Site16
Listing Provided ByGREAT EXPECTATIONS REALTY | Jena Dennis

Features

SQ Feet1,387
Acreage0.21

Taxes

Property2650

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of July 19, 2025 at 7:18:52 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyPutnam
CityPALATKA
Zip Code32177
Area32177 Palatka
Community NamePALATKA
Sourced by Back At You
Listing Updated: July 3, 2025 at 11:47:02 PM PDT
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