110 FL-19, PALATKA, FL
Retail for Sale - $3,500,000 - 9,581 Sq. Ft. on 1.61 acres




















Property Info
CIMLS# | 1120509 |
Location 110 FL-19 PALATKA FL 32177 | |
Updated | November 15th, 2022 |
Type | Retail |
Price | $3,500,000 |
Building | 9,581 Sq. Ft. |
Land | 1.61 acres |
Property Description
Fantastic highly visible and accessible property with on-going, well-established, well-known business in growing Palatka, FL. Owners simply want to retire. Great location is high traffic area near intersection of St. Johns Ave and FL-19. Land, buildings, fixtures, and business included in sale. Owner will negotiate separately for name, goodwill and for inventory. This is a fantastic opportunity for the right entrepreneur to achieve an almost 10 CAP investment (including self-paid rent) for an owner-operator. Seller will consider selling only the land and buildings without the business.THIS IS A QUIET LISTING. No sign on property. Seller is very sensitive to their employees so DO NOT GO ON THE PROPERTY without an appointment. Listing Agent must be present and showings can only occur after 5:30 pm weekdays or on days the business is closed. Buyers Agent commission of 4% is only for full price or higher offer. Anything lower, will be subject to Seller negotiation.
Financials
NOI $227,791