2413 Crill Ave Palatka, FL 32177

This exceptional investment opportunity presents a four-unit commercial property situated on a highly trafficked section of Crill Avenue/Highway 20 in Palatka, Florida. The property, totaling 8,530 square feet, sits on a substantial 24,393.6 square foot lot and boasts a prime location with access from both Crill Avenue/Highway 20 and President Street. The building features a mix of office and retail spaces, currently occupied by long-term tenants including H&R Block, The Church of God, and Carter's Music Center. The property includes ample parking, both in front and to the side, as well as a fenced rear parking area with front and rear gates. City water and sewer services are available. The property consists of four units: Unit 2413 (4,750 sq ft) features two bathrooms (one ADA compliant), a break room with a sink, and a private storage room, currently leased for $1,575 per month. Unit 2415 (1,380 sq ft) includes one bathroom and a rear storage room, leased for $450 per month. Units 2417 and 2419 (2,400 sq ft combined) are leased to a single tenant and comprise four private rooms and two offices for a monthly rent of $1,300. The roofs are relatively new, with Unit 2413's roof installed in October 2015 (warranty until May 2031) and the remaining units' roofs installed in June 2016. This property offers significant potential for investors seeking a stable, income-generating asset in a desirable location. An adjacent strip center is also available for purchase. The asking price for this property is $650,000. Built in 1948, this single-story building presents a strong return on investment.