133 W Stuart AVENUE, Lake Wales, FL, 33853 | $750,000

WELL ESTABLISHED Business in Downtown Lake Wales. Turn-key! Local Auto Upholstery Business with client base that spans 50 plus years. The building hosts a spacious reception area with dedicated office and bathroom. With over 1500 sq. ft. of flexible workspace, the huge area can be used as is or redesigned to meet your needs. Connected to the main building is over 400 sq. ft. of garage space with roll up door to accommodate multiple projects (autos) at one time. With an additional covered 1000 sq ft provided with a 14' high carport and all on concrete pavement and secured with fence and wall on two sides. Seller also offering the real estate with or without the business. If you are looking for a Great Downtown Location, look no more. Lake Wales is experiencing a surge of development and growth with future projects with Main Street on the horizon. This property is located near Highway 27 and its Central Location provides easy access for customers. Call today to view this property!

Features

  • Property Type: Business
  • Construction: Block, Concrete
  • Utilities: Electricity Available
  • Cooling: A/C - Office Only
  • Year Built: 1958
  • Approx Sq. Feet: 2,136
  • Acreage: 0.17
  • Est. Taxes: $1,453
  • Lot Desc: City Lot, Other, Sidewalk
  • MLS#: K4902707
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /prop/K4902707/133wstuartavenue_lakewales_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/22/2024 10:09:22 PM)
Listing courtesy of LEGACY REAL ESTATE CENTER INC   Phone: 863-676-0200

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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Our Insurance Division:

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133 W Stuart AVENUE, Lake Wales, FL, 33853

$750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $600,000 $600,000 $600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $121 $121 $121
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,992 $3,988 $5,145
Total Monthly Payment $4,205 $4,201 $5,358

* 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.