Repurpose or redevelopment opportunity located on nearly 3 acres, features a large parking lot, easy access and a prominent location on Madison Street, just north of the SR54/Madison Street intersection. The building is more than 11,000+ SF building has a large room to host all manner of events; however is in need of a total renovation.
The property is near downtown New Port Richey. Amidst the ongoing renovation and residential revitalization with numerous restaurants and shoppes, this strategically located land offers unmatched potential for investors and entrepreneurs. Located directly across from Wells Fargo and next to Race Trac with high visibility.
Don't miss this redevelopment or repurposing opportunity to be part of New Port Richey's thriving future. Go to site. Showing of the inside of the property will be set up with executed LOI.
4035 Madison STREET, New Port Richey, FL, 34652
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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