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SELLER WILL CONSIDER OWNER FINANCING. FLOOD ZONE X. CG ZONING. HIGH VISIBILITY 100 FT FRONTAGE ON 776. 30, 000+ AADT. TWO ADJACENT COMMERCIAL LOTS ALSO FOR SALE for an additional 200K. (PARCEL ID'S: 412001378003, 412001378004) Secure a premier position in Englewood’s high-growth corridor with this 3, 671 SF modern industrial flex building. For expanded development, two additional contiguous commercial lots are available, adding 100 Ft of frontage on 776. The primary building is ready for quick occupancy following an extensive 2023 renovation that included finished concrete floors, architectural open-beam ceilings, and a new 200-amp electrical panel. The property also features a 384 SF storage shed located at the rear of the building for additional utility. Major capital improvements provide peace of mind, including a 2020 commercial roof and two HVAC units replaced in 2019. Situated on the SR-776 corridor with traffic counts exceeding 30, 000 daily, the property sits in preferred Flood Zone X with public sewer available at the street. The flexible interior includes a private office and two bathrooms, with a structural framework easily divisible for multi-tenant leasing. Under versatile CG zoning, the additional parcels can support a secondary 3, 000–5, 000 SF building or high-capacity parking for medical or restaurant use. This is a rare opportunity to acquire a fully updated, move-in-ready building with the strategic option to purchase adjacent land for expansion or future resale.
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Our Executive Mortgage Banker:
Our Insurance Division:
$995,000
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
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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 | $796,000 | $796,000 | $796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.259% | 6.183% |
| Monthly Tax Payment | $654 | $654 | $654 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,709 | $4,837 | $6,717 |
| Total Monthly Payment | $5,455 | $5,583 | $7,463 |
* 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.