228 S US Highway 17 - Retail FOR SALE


East Palatka, FL 32131
$1,850,000 USD
386-937-1471
228 S US Highway 17, East Palatka, FL for Sale
$1,850,000 USD
Retail - FOR SALE
1/13
null | Request Cap Rate

228 S US Highway 17
East Palatka, FL 32131


OVERVIEW

PRIME HIGHWAY 17 COMMERCIAL PROPERTY IN EAST PALATKA - 2 ACRES ZONED C-2 WITH 5000 SF BUILDING, UTILITIES & 38,000 AADT! Unlock unparalleled visibility and success with this exceptional 2-acre commercial property, boasting approximately 440 feet of highly coveted frontage directly on Highway 17 in East Palatka, Florida. With an impressive 38,000 Annual Average Daily Traffic (AADT), your business will benefit from unmatched exposure. This strategic location is zoned C-2 (Commercial), offering broad flexibility for a variety of uses, and is already connected to County Water and Sewer, significantly reducing development costs and timelines. Adding to its immediate value is a 5,000 sq. ft. building, featuring a spacious 2,800 sq. ft. showroom/office area and a 2,200 sq. ft. warehouse equipped with 4 bay doors, plus an additional 480 sq. ft. awning. The property enjoys excellent visibility from the SR 207 & Highway 17 intersection, a major regional hub. It's perfectly positioned between a Dunkin' Donuts on one side and a CVS on the other, ensuring consistent customer traffic and a strong retail synergy. This site has been the bedrock of a highly successful boat dealership for decades, proving its commercial viability and drawing power. In addition to prominent Highway 17 access, the property also benefits from a crucial cross-access easement through CVS to SR 207, offering multiple points of entry and enhanced customer flow. Ideal for retail, automotive, service, or a variety of commercial ventures, this is a rare opportunity to secure a high-traffic, proven site ready for its next chapter in East Palatka. The existing boat dealership business is successful but not included in the real estate sale, providing a clean slate for your vision. However, the business can be purchased separately for those seeking an established enterprise. Seize this chance to own a piece of East Palatka's thriving commercial corridor with immediate operational potential. Contact us today for more details!

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$474 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

C-2

APN/PARCEL ID

39-10-27-0000-0310-0000,39-10-27-0000-0431-0000,39-10-27-0000-0450-0010

ASK ABOUT THIS PROPERTY

Reed MathewsTimber to Tides RealtyMore Info
386-937-1471

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Reed MathewsTimber to Tides RealtyMore Info
386-937-1471

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.