Under contract-accepting backup offers. Presenting a unique opportunity to own a well-positioned commercial property on the bustling US Highway 27 in Lake Wales, Florida. This 0.36-acre property, previously utilized as an Automotive service center, offers significant potential for various commercial ventures.
Constructed in 1958, the building boasts a heated area of 3,320 SF and a total area of 3,770 SF, providing ample space for service operations, retail, or office use. The property’s strategic location on a major highway ensures high visibility and accessibility, making it an attractive prospect for businesses looking to capitalize on the area's traffic flow
19254 Hwy 27, #S, Lake Wales, FL, 33853
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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