Listed by RAE MALEE WALSH of WATSON REALTY CORP
RARE COMMERCIAL OPPORTUNITY! Approximately 0.78 acres w/131± feet of US Highway 17 frontage in the growing Satsuma, FL corridor. Zoned C-1 Commercial Neighborhood, this property includes a historic 1900 Victorian, 30x40 steel building,& additional storage shed,offering exceptional redevelopment,renovation,or investment potential. Permitted uses include retail sales,restaurant,caf, professional or medical offices,daycare,adult care, salon,boutique,antique store,service business,& mixed-use opportunities(buyer to verify).Potential Special Use opportunities may include drive-thru facilities,clubs,cultural or religious facilities,& essential public services. Ideally located between Palatka,Welaka,Crescent City,& the St.Johns River, w/easy access to Crescent Lake,local parks,&recreation.Just minutes from the proposed Johnny Morris/Bass Pro resort area,this high-visibility location offers excellent traffic exposure, convenient access,&outstanding long term investment.DO NOT BOTHER WORKSHOP AS-IS No repairs will be made. Disclosures on file DO NOT BOTHER THE TENANT IN THE WORKSHOP. Content in the home is negotiable. 3rd floor stairs is not to current code. Use caution when going to the 3rd floor. There was a small fire at some point on the 3rd floor. Seller left it exposed, minor damage. There are 2 large rooms on the 3rd floor. Seller does not guarantee measurements, Square footage taken from property appraisers office, buyer to verify. 100 FT Railroad easement. Buyer to verify Highway 17 easement

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Federal 30-year interest rate: 6.55% last updated on Jul 16, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.

 "Based on information submitted to Northeast Florida Association of REALTORS as of July 17, 2026 7:47 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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