Two vacant adjacent commercial parcels located in Arcadia on SE Hwy 70, situated between Walmart and SweetWater Portables (east of SE HWY 31), offered for sale at $3 million. This prime location features 299 feet of frontage along SE Hwy 70 and is adjacent to Wall Mart, quick service restaurants, Crews Banks & Trust, Desoto Auto Mall, Holiday Inn Express, and Publix! Arcadia is known for its historic downtown antique district and is home to the Arcadia All-Florida Championship Rodeo, held annually in March. Additionally, the town hosts monthly street fairs featuring vendors from surrounding areas offering crafts, food, and antiques. This charming yet vibrant area is bustling with local businesses, making it a fantastic opportunity to establish a new business or expand your current business. Seller might consider selling a pad site for a quick serve restaurant.
2787 SE HIGHWAY 70, Arcadia, FL, 34266
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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