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Rick Oliver

rickoliverrealtor@gmail.com +1(904) 626-5428

$400,000

Est. payment - /mo

3 Baths

3,818 SqFt

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,818 sqft

Price per Sqft $104

MLS Listing ID 2155799

HOA Y/N No

Year Built 1900

Annual Tax Amount $3,024

Lot Size 0.780 Acres

Acres 0.78

Property Sub-Type Mixed Use

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

RARE Satsuma Commercial & Residential Opportunity! Historic 1900 Victorian on approximately 0.78 acres with 131± feet of US Highway 17 frontage, zoned C-1 Commercial Neighborhood. The existing single-family residential use may continue as a legal nonconforming use subject to Putnam County regulations. C-1 zoning allows a variety of commercial uses, including retail, restaurant/café, professional or medical office, daycare/adult care, salon, boutique, antique store and service businesses, subject to County requirements. The property includes the historic Victorian, 30x40 steel building and detached garage, offering exceptional renovation, adaptive-reuse, investment and redevelopment potential. Potential Bed & Breakfast/Boutique Lodging opportunity--Putnam County has confirmed B&B use may be pursued through rezoning to C-2 or an appropriate residential zoning district, followed by required approvals. Ideally located along the growing US Highway 17 corridor between Palatka, Welaka and Crescent City and near the St. Johns River, Crescent Lake, parks and recreational attractions. Convenient access to surrounding communities and outdoor recreation. Just minutes from the proposed Johnny Morris/Bass Pro resort area, offering potential long-term investment appeal.
The property offers a unique opportunity for an owner-user, investor, entrepreneur or developer seeking a distinctive historic property with both continued residential use and commercial redevelopment potential. Buyer to verify all intended uses, zoning, parking, access, utilities, building requirements and development approvals with Putnam County.
FDOT/US 17: County custodians have advised that there are currently no FDOT right-of-way takings or easements affecting this property. Buyer to independently verify current FDOT plans and requirements.
AS-IS. No repairs will be made by Seller. Disclosures on file. DO NOT BOTHER THE TENANT IN THE WORKSHOP. Contents in the home are negotiable. Third-floor stairs are not to current code; use caution when accessing the third floor. A small fire occurred at some point on the third floor; the area has been left exposed and there is reportedly minor damage. The third floor contains two large rooms. Seller does not guarantee measurements or square footage. Square footage is based on Property Appraiser records; buyer to verify all measurements, square footage and property information.
100-foot railroad easement. Buyer to verify all easements, access, zoning, permitted uses and development requirements.

Location

State FL

County Putnam

Area 581-Satsuma/Hoot Owl Ridge

Direction Highway 17 to Satsuma over the Dunns Creek Bridge property will be on your right.

Exterior

Parking Features Additional Parking, Detached, Garage

Amenities Available Other

Roof Type Metal

Private Pool No

Building

Lot Description Few Trees

Story 3

Sewer Septic Tank

Water Private, Well

Level or Stories 3

Others

Senior Community No

Tax ID 391126847001100100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by WATSON REALTY CORP • RAE MALEE WALSH

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Rick Oliver

+1(904) 626-5428

Realtor SL3408091

1173 S HIGHWAY 17 Satsuma, FL 32189

Rick Oliver

Key Details

Location

Exterior

Building

Others

Nearby Locations

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