Multi-Family

3835 Reid St


3835 Reid St
PalatkaFL 32177

3835 Reid St

Multi-Family: Mixed Use

3835 Reid St, PalatkaFL 32177

Details

Rentable Space
14,790 SF
Land
0 Acre
Zoning
RESIDENTIAL
Building Status
Existing
Occupancy Type
Single Tenant
Number of Units
11
Water Utility Available
Yes
Sanitary Sewer Utility Available
Yes
County
Putnam

Current Listings

Portfolio of 2 Properties For Sale

14,790 SF$799,000
Watson Commercial Realty Inc

Located on 3+ acres with Putnam County C-2 zoning:

Three single-family homes & four duplexes.

Eleven rentable units.

Potential for future redevelopment.

Active location near the corner of State Road 19.

Nearby businesses include Lowes, Putnam Lanes, Holiday Inn Express, Dollar General, Golden Corral, Sonny’s and Zaxby’s.

Attractive cap rate of 7.1%

Fully occupied with month-to-month tenants

Over three acres on Reid St with redevelopment potential

Centrally located within an hour of Jacksonville, Daytona Beach and St Augustine

Watson Commercial Realty Inc

Located on 3+ acres with Putnam County C-2 zoning:

Three single-family homes & four duplexes.

Eleven rentable units.

Potential for future redevelopment.

Active location near the corner of State Road 19.

Nearby businesses include Lowes, Putnam Lanes, Holiday Inn Express, Dollar General, Golden Corral, Sonny’s and Zaxby’s.

Attractive cap rate of 7.1%

Fully occupied with month-to-month tenants

Over three acres on Reid St with redevelopment potential

Centrally located within an hour of Jacksonville, Daytona Beach and St Augustine

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: CE-FL

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