Welcome to an incredible investment opportunity in the heart of this dynamic business district. This outstanding commercial building, zoned C2, offers unparalleled potential for entrepreneurs and investors alike. Boasting high visibility and situated on a prime corner lot along the bustling Ponce De Leon thoroughfare with an average daily traffic count of 10, 700; this property is destined to remain a cornerstone of success. Equipped with an air conditioned office/waiting area, three 10ft tall Bay doors and two full bathrooms but also offering the capability of a third full bathroom. This listing is for the building and land only but the business and inventory is also available for purchase, to those who are interested. Whether you're looking to launch a new venture or expand an existing one, this property provides the ideal canvas for your business dreams! Contact us today to schedule a viewing and secure your future in this thriving commercial location. *** Seller is open to placing a tenant. Please inquire if interested in renting the space ***
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$480,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $384,000 | $384,000 | $384,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $145 | $145 | $145 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,620 | $2,552 | $3,238 |
Total Monthly Payment | $2,840 | $2,772 | $3,458 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.