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Commercial Property Located North of Union Boulevard and South of Sunrise Highway Close to Bay Shore's Main Street Business District. Endless Possibilities for this 2, 600 Square Foot Completely Renovated Building with 8 Parking Spaces and Large Grassy Area that can be Converted to Add More Parking! Current Owner has Bait & Tackle Store - also for Sale - and Busy Food Truck Business: https: //endsmeateats. com/ with Transferrable Liquor License for Beer and Wine. VIRTUAL TOUR: https: //sites. allmediatours. com/20ackersonst Zoned Light Industrial Which Allows for Retail, Storage, Manufacturing, Office, Business per this Zoning Code: https: //ecode360. com/7705949 68-338Permitted uses. In an Industrial 1 District, the following uses shall be permitted: * Office, including medical office. * Health Club / Fitness * Veterinarian, provided that all activities take place within the building. * Animal care center * Agriculture or nursery, including the retail sale of products raised on the premises. * Restaurant, minor * Manufacturing and warehouse use * Printing plants. * Mini storage warehouses. * Commercial laundry establishments * Supply house or wholesale establishment as defined * Taxidermy. * Industrial/business service use involving office support services, including printing, document reproduction and similarly related functions. * Psychiatric clinic, drug treatment center or similar health related facility, excluding overnight residential treatment facilities. * A single accessory retail use within an industrial building or that shares a common wall with it and sells only goods being manufactured in the principal industrial building. The area devoted to this accessory retail use, including all storage, stocking and business space, shall not exceed 10% of the gross floor area of the industrial building or 2, 000 square feet, whichever is less, and separate exterior signage for this use shall be prohibited.
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $680,000 | $680,000 | $680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 5.984% | 5.806% |
| Monthly Tax Payment | $1,617 | $1,617 | $1,617 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,703 | $4,022 | $5,601 |
| Total Monthly Payment | $5,412 | $5,731 | $7,310 |
* 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.