PREMIUM LOCATION! Situated on one of the busiest streets in Longwood, this commercial property offers exceptional visibility to thousands of cars and passersby daily. Ideal for businesses that rely on high customer traffic. SPACE & VERSATILITY: With 2000 sf of internal area, the space is ready to be adapted to various layouts, allowing for a multitude of uses, from offices to retail stores or restaurants. DEDICATED PARKING: With dedicated parking, your clients will have the convenience and ease of access, which is essential for any successful business. RENOVATED INFRASTRUCTURE: The roof was completely redone in 2023, ensuring many years of worry-free use. GREEN AREA & EXPANSION POTENTIAL: The property includes a green area at the back, perfect for building a deck or garden, creating an additional outdoor space for your clients or employees. The permit for this construction has already been requested and is in progress. READY TO USE: The internal space is already clean and prepared for a quick adaptation to your business, minimizing preparation time and costs. ADDITIONAL BENEFITS: PROXIMITY TO AMENITIES: Located near banks, restaurants, shopping centers, and public transportation, providing convenience for both your clients and employees. CONNECTIVITY: Availability of high-speed internet and other essential technological infrastructure for modern businesses. SECURITY: The property is situated in a safe area, with security systems available for added protection. ENERGY EFFICIENCY: Improvements in energy efficiency, such as LED lighting and updated insulation, help reduce operational costs. MODERN DESIGN: Possibility for a modern and attractive interior design, with high-quality finishes. Tenants pays for Property Insurance, Maintenance and Utilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$150,000
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 | $120,000 | $120,000 | $120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $450 | $450 | $450 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $798 | $798 | $1,012 |
Total Monthly Payment | $1,323 | $1,323 | $1,537 |
* 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.