This is a beautiful, iconic 105 year old building with approximately 10,000 square feet of interior space, beloved by longtime residents of the area and with nearly infinite potential, just waiting for the vision of its next steward. It's showing its age and in need of various repairs and sprucing up in general, and with a bit of elbow grease could be a fantastic venue with tremendous character for a restaurant, retail, art gallery, antiques and virtually unlimited additional possibilities. This could be a good first step in essentially duplicating what they've done with downtown Arcadia, and attract people and businesses to downtown Wauchula. Come secure your 1st position today on this one of a kind property with no cost to you until a release is secured from said lien. Disclosure:This property is currently encumbered by municipal liens pursuant to Chapter 162, Florida Statutes. The encumbrances will necessarily be contingent upon their potential release, satisfaction and be contingent upon their satisfaction. Parties shall hold realtor’s hereby harmless.
121 W MAIN STREET, Wauchula, FL, 33873
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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