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603 FRONT Street, Welaka, FL 32193
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$1,500,000
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Property Details for 603 FRONT Street
Price
$1,500,000
Type
commercial/industrial
Year Build
1930
Sq. Ft.
28314
Lot Size
0.65
County
Putnam
MLS®️ Listing#
1221648
On exitrealty.com
611 days
Property Description
Seller open to all reasonable offers! Virtual rendering (first picture) to illustrate commercial ideas/opportunities. Current zoning permits this space to be creatively activated w ideas such as a boutique hotel, brewery, wedding venue, marina, or restaurant. This authentic waterfront property provides a unique opportunity because of its versatile use, location, and various revenue stream possibilities. Situated on .65 acres with 148 ft of waterfront and 100+ year old oak canopies, it currently offers a one-of-a-kind craftsman cottage, 2 studios or offices, 6 boat slips, and a concrete pad—all with backup power from a 22 KW propane generator. Utilize the cottage for a hotel dining room, bridal suite, marina storefront, etc. Add a barn or A-frame to the concrete pad for weddings with stunning sunset views or build a hotel. Multiple revenue streams available bw the boat slips, cottage, and 2 studios. The town of Welaka aspires to create a downtown main street bw Elm & Palmetto St, which The cottage was remodeled in 2017 with modern amenities while thoughtfully maintaining the historic integrity. This open floor plan with artistic touches incorporates finishes like African Wenge & Walnut flooring, a pecky Cypress live edge vanity, beautiful custom stained-glass, reclaimed beams, and panoramic windows overlooking the gardens, deck, fire pit, and St. Johns River for stunning Western sunsets. The private second bed/bath downstairs also has a separate entrance for potential renters.
This property is across from 387,000 acres of the Ocala National Forest. It's truly a wildlife sanctuary with animals like bald eagles, manatees, and herons in your back yard. Welaka is a quaint town with convenient access to St. Augustine, Jacksonville, and Daytona. It's a golf cart community with gravel paths canopied with live oaks. It is home to entrepreneurs, artists, veterans, and even world-class outfitter brands, which is fitting considering the river is known as the Bass Fishing Capital of the World and Welaka means river of lakes.
1,000 sqft cottage, 800 sqft studio
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Listing courtesy: ONE SOTHEBY S INTERNATIONAL REALTY - 321-984-3135
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than EXIT 1 STOP REALTY are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. The broker providing this data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase or lease decision. Data provided is deemed reliable but is not guaranteed. © 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved
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