Under contract-accepting backup offers. 7000+ SF OFFICE/WAREHOUSE with HIGHWAY 441 FRONTAGE IN LEESBURG, FL, located at the signaled intersection of US Highway 441 and Newell Hill Road. Zoned HIGHWAY COMMERCIAL, with approximately 2500 square feet of office/showroom space in the front of the building and an additional 1200 SF of office space within the warehouse on the second story. An interior decorating business currently leases the space, but electrical contractors and graphic designers have previously utilized the property. There is an additional 750sft detached warehouse(2020). The property is fenced in the back, perfect for work vehicle parking, and has approximately 12 parking spaces in front of the building and 30+/- parking spaces in the back. The location of this property is ideal: located on a busy thoroughfare and centrally located to service fast-growing areas such as The Villages, Leesburg, Tavares, Eustis, and Mount Dora, just to name a few.
303 Newell Hill ROAD, Leesburg, FL, 34748
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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