FULLY LEASED FIVE UNIT STRIP PLAZA. This 6000 SF plaza has a new roof, parking lot and a new sign on busy SR776. Located 200 feet from the intersection of Historic Dearborn Street and Indiana Ave this property has great traffic counts and exposure and is sure to appreciate for years to come thanks to its fantastic location. Three units are leased month to month and the double unit on the end has just signed a new six year lease. This one acre parcel has room to expand for additional income opportunities and has all the utilities available and desirable X flood zone for cost effective expansion. If you are looking for a new home for your current business or just shopping for a safe haven with income, this property presents a unique opportunity. Seller financing is being offered to well qualified buyers.
119 S INDIANA AVENUE, Englewood, FL, 34223
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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