Under contract-accepting backup offers. Seller is motivated! Bring ALL OFFERS. . . This spacious commercial property in Port Richey is ideal for a variety of professional uses, excluding restaurants. This commercial ( C1 ) property is in a NO FLOOD ZONE near U. S. Hwy 19 in Port Richey. The dwelling offers an enormous open space with 4 bathrooms, 2 drinking water fountains, office, storage room, electrical room, or put up interior walls for subleasing. This 92' x 43' rectangular building has 3, 956 square feet. with 6 HVACs, gutters and downspouts, lots of parking (appx 25 spaces) with 2 additional lots. (21-25-16-0010-03800-0013 / 0. 38 acres: this flat cleared land has a chain link fence with some gravel for additional parking. Ingress/Egress is from either of the adjoining property) (21-25-16-0010-03800-0010 / 0. 81 acres: this flat cleared lot has a chain link fence and ingress/egress from the side road or through the main road. A beautiful pole barn with a metal roof and an attached flood light sits on a concrete slab with electricity and water. Large mature trees are along the fence line producing a wide open field. ). The entrance to the parking lot is conveniently located at a stop light on the main road. The property is surrounded by its own chain link fence with 3 chain link gates on the property with 2 ingress and egress. This property offers a highly profitable investment opportunity with a strong potential for a high return on investment. Nearby amenities include a gas station, public storage, outside storage yard, restaurants, apartments, clothing store, cinema, mall, pet store, office store, and more. Don't miss out on this fantastic opportunity to bring your profession to this versatile and well-equipped property.
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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 | $472,000 | $472,000 | $472,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.654% | 5.752% |
Monthly Tax Payment | $37 | $37 | $37 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,983 | $2,980 | $3,854 |
Total Monthly Payment | $3,112 | $3,109 | $3,983 |
* 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.