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AMAZING OPPORTUNITY to own a prime 2, 246 sq. ft. commercial warehouse zoned HC (Highway Corridor) at 121 E Mckenzie St, Punta Gorda, FL 33950. This gem is nestled just 0. 5 miles from bustling Downtown Punta Gorda and a mere stone's throw from US Highway 41, making it an ideal spot for any business looking to thrive in a vibrant commercial zone. Situated right behind the Dollar General on McKenzie St, this property not only enjoys high visibility but also benefits from the heavy traffic flow of this busy commercial corridor. The warehouse sits on a generous 10, 801 sq. ft. lot, offering space for expansion or additional parking. The building itself features two potential office spaces and a handicap-modified bathroom, ensuring accessibility and functionality. Completely transformed in 2021, this property now boasts new pavers enhancing the exterior aesthetic, fresh landscaping for an inviting look, a new front gate for security and privacy, interior spray foaming for energy efficiency, split A/C systems for comfort in every corner, and a new roof on the main part of the building for durability and peace of mind. Enjoy the convenience of being surrounded by a plethora of restaurants, businesses, and services right off Hwy 41, making this location not just a workplace but a hub of activity. There's also the opportunity to purchase the property directly across the street, listed separately, for those looking to expand their commercial footprint. This is your chance to own a piece of prime real estate in one of Punta Gorda's most sought-after commercial areas. Don't miss out on making this your next venture's home base. Bring all offers!
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Our Executive Mortgage Banker:
Our Insurance Division:
$745,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $596,000 | $596,000 | $596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | $223 | $223 | $223 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,670 | $3,915 | $4,949 |
Total Monthly Payment | $3,985 | $4,230 | $5,264 |
* 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.