This Commercial zoned C-2 property has 154 ft fronting Fort King Rd & 100+ ft in depth measuring over 15, 400 Sq ft. is permitted for many commercial and medical uses. It is located near traffic signaled intersection at Ft King Rd. and Gall Blvd. (U. S. 301). Gall Blvd. is the main inner city business thoroughfare. The property is in FEMA Zone X and didn’t have any standing water on the paved parking lot and the 3, 960 Sq Ft concrete block building didn’t sustain any damage from the hurricanes. The building was last expanded to 2 training rooms in 1985 initial construction 1982. The property known as: Helen’s Baton and Dance Studio has also been used as an established, locally well-known gymnastics training center for 42 years. Last enrollment was approx. 250, enrollment has been as high as 300. The property is being sold with gymnastic equipment, as-is. The building has 2 large studio training rooms, 3- restrooms & a shower, office, dressing closets and a central waiting room. The building training rooms have high cathedral, acoustical tile ceilings with new drop-in LED light fixtures, wood wainscoting and the floors are constructed of oak over another wood sub-floor from Williford Flooring Co. The building is equipped with 3-A/C units (total 10-tons).
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Our Executive Mortgage Banker:
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$700,000
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 | $560,000 | $560,000 | $560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $326 | $326 | $326 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,820 | $3,722 | $4,802 |
Total Monthly Payment | $4,238 | $4,140 | $5,220 |
* 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.