Prime Investment or Redevelopment Opportunity on High-Traffic Highway 17! Presenting a substantial 190,692 sq ft industrial building, complemented by an additional 4,200 sq ft structure, all situated on a sprawling 8.59-acre parcel in Palatka, Florida. Boasting an exceptional 1,350 feet of direct frontage along highly trafficked Highway 17 (Reid St.), this property benefits from a remarkable Average Annual Daily Traffic (AADT) count of 27,000 vehicles, ensuring exceptional visibility and accessibility. Currently zoned M-1 (Light Industrial), this property offers a wide array of potential uses. Long-term tenants are currently in place, providing immediate income. However, a unique opportunity exists for an owner-user seeking significant operational space or a developer with a fresh vision, as the existing space can be vacated. Key Highlights: Total Building Area: 194,892 sq ft (190,692 sq ft main building + 4,200 sq ft additional building) Land Area: 8.59 acres Highway Frontage: 1,350 feet on Highway 17 (Reid St.) Traffic Count: 27,000 AADT (Average Annual Daily Traffic) Zoning: M-1 (Light Industrial) - offering flexibility for various industrial and manufacturing uses. Income Potential: Long-term tenants currently in place, providing immediate cash flow. Owner-User/Redevelopment Opportunity: Ability to vacate for an owner-user requiring significant space or for a developer to reimagine the site's potential. Strategic Location: Excellent visibility and access on a major thoroughfare. This is a rare chance to acquire a significant industrial property with substantial highway frontage and flexible options. Whether you're looking for a solid investment with existing income, a large facility for your business operations, or a prime redevelopment site in a high-traffic location, this property warrants serious consideration. Don't miss out on this exceptional opportunity! Contact us today for more information and to schedule a viewing.