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Key Details
Sold Price $360,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $144
MLS Listing ID 2039441
Sold Date 10/16/24
HOA Y/N No
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1915
Annual Tax Amount $4,326
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Here is an opportunity to own a successful restaurant in downtown Palatka!
This Circa 1915 building has been totally rehabilitated from the ground up in 2022. This includes plumbing, electrical, HVAC, restored original hardwood flooring, painting, windows, etc. There is a new state-of-the-art commercial kitchen. This sale includes all equipment and furnishings with the exception of the leased ice maker.
Invest in downtown Palatka and join the renaissance!
Location
State FL
County Putnam
Area 561-Greater Palatka
Direction From State Highway 17 in Palatka turn onto south on 7th Street. At the intersection turn right onto St Johns Avenue. 705 St Johns is the second building on the left (currently The Magnolia Cafe).
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile, Wood
Exterior
Fence Back Yard
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected, Water Not Available
Waterfront No
Roof Type Rolled/Hot Mop
Accessibility Accessible Entrance, Accessible Hallway(s), Visitor Bathroom
Private Pool No
Building
Lot Description Easement Access, Zero Lot Line
Building Description Block, Computer Wired,Kitchen Facilities,Restaurant
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Structure Type Block
Others
Senior Community No
Tax ID 42-10-27-6850-0540-0051
Security Features Security System Owned
Acceptable Financing Conventional, Owner May Carry
Listing Terms Conventional, Owner May Carry
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Bought with DUCK REALTY INC
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