853 NE 5th STREET, Crystal River, FL, 34429 | $450,000

PRICE REDUCTION, SELLER MOTIVATED! Prime Commercial in the High Intensity Commercial Zoning (CH). Class 2 Steel building consisting of 2960 SQ FT enclosed with insulated ceilings and compressed air lines throughout. Three 12x12 roll up doors provide access to three bays. There is another 2960 SQ FT of open air and partially enclosed work space under metal roof over concrete/asphalt totaling almost 6000 SQ FT of work area. There is a 520 SQ FT reception area with a half bath and 1 office with an ensuite bathroom.

Fifth Street AKA State Road 44 has just been rejuvenated by FDOT repaving as well as widening the sidewalks in an effort to create a "Grand Entrance" to the fast growing Crystal River Area. Car counts are estimated at 32, 000 per day. There is 100' of highway frontage with a center turn lane and high visibility, the opportunity is growing daily.
This location is currently in use as an auto body shop, but could easily convert to an audio shop, auto repair, tint shop, plumbing warehouse, etc.

Compressor conveys, lifts and frame rack do not convey.

Features

  • Property Type: Industrial
  • Construction: Metal Frame, Metal Siding
  • Garage: 6 to 12 Spaces
  • Heating: Central
  • Cooling: A/C - Office Only, Central Air
  • Lot Size: 100 x 137
  • Year Built: 2007
  • Approx Sq. Feet: 2,960
  • Acreage: 0.32
  • Est. Taxes: $4,734
  • Lot Desc: Flood Insurance Required
  • MLS#: OM675851
  • Days on Market: 182 days
  • Website: https://www.raveis.com
    /prop/OM675851/853ne5thstreet_crystalriver_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 12/23/2024 1:08:09 AM)
Listing courtesy of H & H REALTY AND ASSOCIATES   Phone: 352-497-6993

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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

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853 NE 5th STREET, Crystal River, FL, 34429

$450,000

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 $360,000 $360,000 $360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $395 $395 $395
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,425 $2,393 $3,036
Total Monthly Payment $2,894 $2,862 $3,505

* 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.