216 6Th StPalatka, FL 32177

Property Details for 216 6Th St

Year built

1892

Construction

WOOD

Lot size

0.21 AC

Property size (Sq ft)

3,607 SF

Property type

Office properties

Property subtype

Office buildings

APN

42-10-27-6850-039.0-008.0

APU

421027685003900080

Description

This exceptional 3,996 square foot office space is situated in a beautifully preserved 19th-century building in Palatka's South Historic District. The property boasts a single-tenant occupancy, ideal for a business seeking a unique and established presence. The building is a two-story structure situated on a 0.21-acre lot. The versatile space is suitable for a variety of uses, including traditional office, executive office, medical office, creative office, or even specialty services. Its central location offers easy access to the courthouse, churches, schools, and the scenic St. John River, ensuring high visibility and convenient access for clients and employees. Utilities are included in the monthly rent, making budgeting simple and predictable. A compelling incentive is available: sign a 12-month lease and receive one month of rent free. This remarkable opportunity is available immediately. The property's diverse zoning allows for a range of potential uses, including retail, industrial, and even agricultural applications, subject to local regulations. The building's historical charm combined with its modern conveniences makes it an unparalleled investment opportunity. Don't miss this chance to secure a prominent location in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $624,748

  6.5%

  $576,691

  7%

  $535,499

• Comparable approach

  Method

  Valuation

  Relative Method

  $245,312

  Geo Method

  $245,312

• Alternative Use

  Use

  Valuation

  Residential

  $715,097

  Hospitality

  $655,025

  Educational

  $544,973

  Medical

  $563,715

  Retail

  $847,736

Location Insight

City

Palatka

County

Putnam

State

Florida

Latitude

29.6457

Longitude

-81.6351

CBSA code

37260

CBSA name

PALATKA, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].