854 State Road 21Melrose, FL 32666

Property Details for 854 State Road 21

Year built

1960

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.31 AC

Property size (Sq ft)

997 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

18-09-23-0000-080.0-001.0

APU

180923000008000010

Description

This exceptional commercial property, located at 854 N State Road 21 in Melrose, Florida, presents a unique investment opportunity. Priced at $275,000, this mixed-use building boasts a prime location on State Road 21, just north of its intersection with State Road 26. The property enjoys high visibility with an average daily traffic count of 10,500 vehicles, ensuring maximum exposure for any commercial venture. Built in 1960, the building sits on a substantial 13,503.6 square foot lot and is currently leased on a month-to-month basis, offering immediate flexibility for the new owner. The C-2 zoning allows for a wide range of commercial uses, making it suitable for retail stores, office spaces, or other commercial enterprises. Importantly, the existing business and billboard are not included in the sale, providing a blank canvas for the buyer to customize the space to their specific needs. This property represents a compelling investment in a thriving area with significant growth potential. The property's address is 854 N State Road 21, Melrose, FL 32666. This is a rare opportunity to acquire a well-situated commercial building in a desirable location.

Location Insight

City

Melrose

County

Putnam

State

Florida

Latitude

29.7119

Longitude

-82.044

CBSA code

37260

CBSA name

PALATKA, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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