A rare opportunity to own a well-maintained industrial property in a small Industrial Park with access to US HWY 27 South of I-4, a heavily traveled 4-lane highway and a major connector Rd to HWY 60 making it an ideal location for a variety of uses. The tract is . 58 acres and has a drainage retention area to the rear of the property. The property features a 2-story metal building with a metal roof, constructed in 1995 by Butler Building Systems, providing 6200SF of space. Base = 5000sf 2nd Floor = 1200 sf. The building includes a 2500SF air-conditioned showroom/warehouse with 20ft ceilings, dual A/C, and 2 overhead truck doors. The interior of the warehouse is insulated and has concrete slab epoxy coated flooring. Improvements include a walk-in cooler/freezer unit. Previous use for food preparation. The building also includes a 3700SF air-conditioned office space with 8-9ft ceilings located on 2 floors, with reception, 2 restrooms, 3 offices, kitchen, and ample storage. The interior of the office space is finished with tile flooring, drywall, Lexinn windows all with blinds, and ceiling fans. Added improvements include a security system, security lighting, and central heating system. The front entrance is full length glass windows and door with a new canopy. Utilities; Public connected to City of Lake Hamilton/Dundee sewer 2018. The foundation is reinforced concrete footing, asphalt pavement, concrete pavement & driveways with ample parking. This property is zoned C-1, Light Industrial, small equipment manufacturing, and is ideal for professional services, trade organizations, educational facilities, retail commercial and personal services, pharmaceutical sales, laundry pickup & delivery, antique shops, automotive & farm equipment, recreational vehicle rental, sales & service. Contact us today to schedule a showing. Don't miss out on this opportunity to take your business to the next level with this exceptional property.
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William Raveis Mortgage, LLC
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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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | $484 | $484 | $484 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,592 | $3,456 | $4,459 |
Total Monthly Payment | $4,168 | $4,032 | $5,035 |
* 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.