128 Orange AVENUE, Leesburg, FL, 34748 | $440,000

UPDATE! Interior freshly painted, exterior painting in progress and flooring finishes should be completed by end of year.
PRICE REDUCED! Introducing a unique Commercial property located in the heart of the historic Leesburg Business District. This upgraded office building offers a unique blend of historic charm and modern convenience.
The Commercial space on the first floor boasts a spacious layout with five well-appointed rooms, including a welcoming reception area. The recent upgrades include the roof, air conditioning, electrical, plumbing, and flooring ensure a comfortable and functional workspace. Two handicap-accessible bathrooms and an employee kitchen add to the convenience of this commercial space.
The Residential unit upstairs is a two-bedroom apartment. This living space offers a living room, a dining area for sharing meals, a full kitchen equipped with appliances, a bathroom, and a utility room for added convenience. This residential component provides options for living on-site or generating additional rental income.
The Prime location is just a leisurely 2-block walk to Historic Main Street where you'll have easy access to an array of local businesses, restaurants, and amenities.
The property offers parking for up to four cars along with available public street parking. Additionally, a partial basement provides storage space for your commercial needs.
Don't miss this rare opportunity to own a versatile property in Historic Leesburg's thriving Business District. Whether you're looking to establish your business presence, generate rental income, or enjoy the convenience of living and working in the same location, this property has it all. Contact us today to schedule a viewing and explore the endless possibilities this property has to offer.

Features

  • Property Type: Business
  • Construction: Stucco, Wood Frame
  • Utilities: Electricity Available, Water Connected
  • Heating: Central
  • Cooling: Central Air
  • Lot Size: 79 x 115
  • Year Built: 1921
  • Acreage: 0.2
  • Est. Taxes: $2,570
  • Appliances: Refrigerator
  • MLS#: G5072871
  • Days on Market: 411 days
  • Website: https://www.raveis.com
    /prop/G5072871/128orangeavenue_leesburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/25/2024 4:03:02 PM)
Listing courtesy of CENTURY 21 SPOUSES WITH HOUSES REALTY   Phone: 352-321-8953

William Raveis Family of Services

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888.699.8876

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

128 Orange AVENUE, Leesburg, FL, 34748

$440,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $352,000 $352,000 $352,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.055% 6.256%
Monthly Tax Payment $214 $214 $214
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,342 $2,312 $2,968
Total Monthly Payment $2,631 $2,601 $3,257

* 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.