Spanish Towers- Three buildings only $1,299,000!

About this property

Prime Commercial Property for Sale located in the heart of downtown Palatka, Florida, 607, 609, 613, & 615 St. John's Avenue offers an exceptional opportunity for developers and investors seeking to create a dynamic mixed-use property. 607-609 are already generating 2K per month with two renters in place with leases. This versatile parcel of land is ideally positioned to accommodate a variety of uses, including residential, retail, and office spaces, all within a vibrant, growing community. Situated in the bustling downtown district of Palatka, just steps away from local shops, restaurants, and businesses. The St. John's River is nearby, providing scenic views and easy access to recreational opportunities. Flexible designs and multiple applications, including residential apartments, office spaces, and ground-floor retail. Downtown Palatka is experiencing a surge in interest and revitalization efforts, making it an excellent time to invest in the area. The city's historic charm and proximity to the St. John's River make it an attractive destination. - - Three-building downtown offering - 607-609 St Johns already generating $2K/monthly revenue with two renters. - 16,117 SF under roof - Approximately 0.56 acres - Three-floor central tower - DB zoning - AMPLE parking in huge public lot directly across the street and downtown amenities - 607-609, 613 and 615 St. Johns Avenue

Property highlights

Building size

16,117 SF

Lot size

0.5600 acres

Year built

1923

Zoning

DB

Map position is based on listing coordinates. Confirm access, entrances, and boundaries with the listing team; the marker is not a parcel survey.