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A business location less than the cost of a house! Commercial Zoning, zoned for Automotive, warehouse, inventory, packaging, storage, Antique car storage and/or restoration, Speed Shop for race cars or turn into some other zoned Commercial use. This property was a family-owned business operating for years as an Automotive Machine shop. Over the years it has been divided into 2 businesses, with two addresses and electric meters. Inside wall has been removed and it is now completely open with massive open space. 4 Roll up Doors, 10' 12' and (2) 14' doors all in operating condition. 2 Ton hoist runs along center beam. Another hoist is on a 10' beam spins at 360-degree (could be left or removed) Includes a 9000 lb. lift. Also, slab poured outside North end for previous outside lift (lift no longer there). Building has 3 phase wiring, led lighting, air compressor (plumbed throughout the building) There are offices upstairs W/3/4 bath and 2 office areas downstairs w/ bathroom. The property was re-roofed in 2004 with a pitched metal roof. Under layer of ceiling was not removed because it provides more insulation. A buyer could easily cover or add a second ceiling if being used for a show room or business that interior appearance is important. This building fronts on a Main City Road (Florida Avenue) and it is easily accessible for truck/customer service deliveries. Great Customer Parking on the North side. There is room for employee/customer parking on South side as well if needed. A city alley runs along the back side of the building. This building is a solid, concrete block building that has multiple uses. Hardee County is a rural, interior county, but within one to two hours from Airports in Orlando, Tampa/St Pete, Sarasota, Ft Myers. Call about this listing for more information and videos.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $391,920 | $391,920 | $391,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.137% | 6.132% | 5.396% |
| Monthly Tax Payment | $201 | $201 | $201 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,195 | $2,347 | $3,125 |
| Total Monthly Payment | $2,471 | $2,623 | $3,401 |
* 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.