Commercial Property in Lake Wales with frontage on State Rd 60 & Airport Rd plus access to rail and nearby airport. The site contains 2 parcels totaling 3. 78 acres. The office/warehouse building consists of approximately 6, 989 enclosed square feet with about 1, 250 sq. ft of office build-out with reception/waiting area, 2 private offices and one shared office, conference/break room and two restrooms. The warehouse space is approximately 5, 739 Sq ft. and is open warehouse work space with 3-10 x 12 over-head doors and one dock-high door. There is a covered loading dock on the east side of the building. The warehouse has new LED lighting, a compressed air system, a reinforced concrete slab of approx. 12-14 inches thick and heavy electrical power to 480 volts. The property is fenced and has security gates and high lumen lighting around the building and parking area. Parking area has asphalt rock to accommodate heavy load bearing equipment. The property lends itself to a variety of office, retail/commercial or light industrial uses and is in very good condition.
This property has much to offer!
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$1,295,000
William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $548 | $548 | $548 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,634 | $6,719 | $9,096 |
Total Monthly Payment | $7,307 | $7,392 | $9,769 |
* 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.