Prime Mixed-Use Commercial Property in Thriving Masaryktown! Welcome to the heart of Masaryktown, where this exceptional mixed-use commercial property beckons with unparalleled potential. Spanning 1. 76 acres and boasting an impressive 360 sqft of road frontage on Broad St / US 41, this property is a true gem for investors and entrepreneurs alike. Nestled within this expansive property is a cozy 2-bedroom, 1-bathroom home, offering comfortable living quarters for owners or tenants. Whether you're seeking a live-work arrangement or rental income, this residential space adds versatility and value to your investment. Enthusiasts and business owners will appreciate the presence of an oversized workshop/garage, providing ample space for projects, storage, or the expansion of commercial operations. Let your creativity flourish within this adaptable workspace. Additionally, two sturdy wooden sheds, both air-conditioned, offer further utility and convenience. These structures present endless possibilities for storage, office space, or specialized work areas, catering to a variety of business needs. With its strategic location and expansive grounds, this property presents limitless opportunities to establish or expand your business ventures. Whether you're dreaming of retail space, professional offices, artisan workshops, or more, the canvas is yours to paint. Experience the vibrant energy of Masaryktown, a burgeoning community poised for growth and prosperity. Situated amidst flourishing businesses and burgeoning developments, this locale offers a promising landscape for investment and success. Seize this rare chance to own a piece of Masaryktown's future and make your mark in this dynamic market. Schedule a viewing today and unlock the boundless potential of this remarkable property! Call Today to schedule a private showing!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $508,000 | $508,000 | $508,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | $117 | $117 | $117 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,509 | $3,376 | $4,356 |
Total Monthly Payment | $3,718 | $3,585 | $4,565 |
* 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.