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Location, location, location!!!! Prime Commercial Property High-Traffic Location!
This rare 2. 34-acre property on heavily traveled NE 14th St. /Bonnie Heath Blvd. offers incredible business potential with B2 zoning. Featuring two buildings totaling 2, 554 sq. ft. , both built in 1954, this unique property is ready for a variety of commercial uses.
The front building serves as an office space with five offices, a file room, a break room with sink and cabinets, and one bathroom. The back building is set up as a one-bedroom home with a full bath ideal for an on-site residence or rental income. Recent upgrades include brand-new HVAC systems in both buildings, a new AC, and a car lift. The property operates on a single electric meter and has been approved for a storage shelving facility.
With high visibility and multiple use options, this is a fantastic opportunity for investors or business owners. schedule a showing today!
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Our Executive Mortgage Banker:
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$1,400,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,120,000 | $1,120,000 | $1,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | $483 | $483 | $483 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,805 | $7,171 | $9,756 |
Total Monthly Payment | $7,413 | $7,779 | $10,364 |
* 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.