Prime Retail Development Opportunity!
Don't miss this rare chance to acquire one of the last remaining developable parcels in County's most desirable retail corridor. This exceptional property boasts approximately 1/2 acre of prime commercial land with excellent visibility from SR 19 (20300 AADT) and St. Johns Ave. (8500 AADT), featuring approximately 110' of frontage.
The site currently features a 2,264 sq ft building that could be remodeled to suit your specific needs or removed entirely to make way for your future development. And if you require even more space, there's additional adjacent property available for purchase. There is also a billboard lease that provides additional income but the Seller has an opt-out clause in the lease if necessary.
Act now to secure your spot in this thriving retail destination! This is a truly unique opportunity to capitalize on high-traffic counts and establish your business in a prime location. Don't let this one pass you by!
108 N STATE ROAD 19, Palatka, FL, 32177
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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