$800,000

Looking for commercial property with room to grow, this property has it. The building was built in 1975 for a post office. Building had a new roof in 2021, new interior paint, upgraded electric from 100 to 200-amp service, a new hot water heater and a split unit Heat and Air in 2024. The property is currently a real estate office and has also been a U-Haul lot in the past. This property has 2 established accesses off State Road 20 and a potential back access onto Hollister Church Road. Putnam County is seeing growth in the commercial market as well as some new residential development. Putnam County has a lot to offer for the nature enthusiast and is called the Bass Capitol with many tournaments and local festivals to enjoy. The St Johns River, Dunns Creek, with many popular lakes to enjoy and Ravine Gardens for hiking along with Hog Waller for 4-wheel enthusiasts. We are centrally located between the beaches on the East Coast and Gainesville on the West. To the north is Jacksonville and to our South is Orlando. The property is 5.76 acres with room for growth, such as a restaurant, strip mall, car lot, auto parts store, laundry mat options are unlimited. Please be sure to check with the county for permitting requirements. Some new growth in the community includes, Cowboys restaurant, Taco Bell, Auto Zone, a Diesel Fueling Station and Dunkin Donuts in Interlachen 6 miles from 707 SR 20. We also have several residential housing developments being built in Palatka and East Palatka, including the construction on a large 220-acre parcel behind the Airport and we have seen Lone Star Restaurant and the Wawa convenient store come in the last year or so as well. Potential to purchase 705 SR 20, which has been an established hairdresser business for decades and is currently tenant occupied. Recent upgrades include interior paint, new flooring and a new split unit for heat and air. The well has a new well house and 707 SR 20 has a new front awning.