20826 Walnut STREET, Dunnellon, FL, 34431 | $309,900

With over 1000+ sqft of open main seating area, this B3 Commercial building is suited for a business owner or investor who would open a restaurant, Club / Hall, office / medical building w waiting area, or multiple other possibilities!
Located in the historic district of Dunnellon, this nearly 3/4 acre property sees a lot of daily traffic: 7. 4% increase when last recorded from 2021 to 2022.
The parking area, while still grass, can park between 13-18 vehicles. The historic Lions Club once used this building and parking are and was a hub for the towns festivals.
Constructed of concrete block and stucco, and with its newer metal roof, this is a low maintenance structure. On the side it has a newer Lark storage building and an older shed as well. Separate a/c unit for the main hall and stage, and the kitchen and bathrooms have a traditional hvac unit.
This property is also zoned R3A which can be used for multi-family and with 4+ entry doors a quadruplex is possible with the right buildout.
Request your personal showing and come see the multiple options this business has to offer.

B3 definition: The General Business (B-3) district is established and intended to accommodate a diverse range of moderate-intensity retail, service, office, recreation/ entertainment, visitor accommodation, and institutional uses that serve the residents and businesses in the community at large (e. g. , most retail sales and service uses, restaurants, offices, banks, restaurants, gasoline filling stations, marinas, auto and boat sales and service uses, theaters, hotels, child care facilities, vocational or trade schools, health care facilities, places of worship). It also accommodates complementary residential uses (e. g. , live-work and upper-story dwellings) and moderate- to high-density multifamily development (either stand-alone or mixed with commercial development), community residences, and recovery communities.

Private funding may be available with large down if using an LLC or similar. Inquire from listing agent.

Features

  • Property Type: Mixed Use
  • Construction: Block, Stucco
  • Utilities: BB/HS Internet Capable, Electricity Available, Phone Available
  • Garage: 13 to 18 Spaces
  • Cooling: Central Air, Wall/Window Unit(s)
  • Lot Size: 125 x 125
  • Year Built: 1960
  • Approx Sq. Feet: 2,175
  • Acreage: 0.43
  • Est. Taxes: $0
  • Lot Desc: Oversized Lot, Sidewalk
  • MLS#: OM665880
  • Days on Market: 186 days
  • Website: https://www.raveis.com
    /prop/OM665880/20826walnutstreet_dunnellon_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 5/9/2024 12:23:46 AM)
Listing courtesy of KELLER WILLIAMS CORNERSTONE RE   Phone: 352-369-4044

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

20826 Walnut STREET, Dunnellon, FL, 34431

$309,900

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 $247,920 $247,920 $247,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.893% 7.171% 6.623%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,670 $1,648 $2,143
Total Monthly Payment $1,745 $1,723 $2,218

* 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.