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1271 Belle AVENUE, Winter Springs, FL, 32708 | $975,000
Commercial Property with Restaurant and Batting Cage For Sale! - Great Potential for Renovation. Opportunity knocks for savvy investors and entrepreneurs! This commercial property presents an exciting chance to revitalize and transform an already fully functional, "Homers and Hoagies, " restaurant and bar and batting cage facility into a thriving business. With some love and maintenance, this property, sitting on 1. 18 acres, has the potential to become a sought-after destination for sports enthusiasts and dining connoisseurs alike. The property features a restaurant area that is ready to be revived with your creative vision. The restaurant offers a great layout, ample seating capacity, outdoor seating, TVs ready for the BIG GAME, and a fully equipped kitchen. With a little renovation and attention to detail, you can breathe new life into this dining space and create a culinary hotspot for locals and visitors in the area. Adjacent to the restaurant, there is a fully operational batting cage facility. The batting cage offers a valuable asset for attracting, birthday parties, sports enthusiasts, and teams seeking a dedicated practice space. This facility can once again become a go-to destination for athletes of all levels to hone their skills and enjoy the thrill of the game. Ample parking space is available to accommodate the needs of both restaurant patrons and batting cage visitors, with room to expand. This convenience will enhance the overall customer experience and encourage repeat visits. Consider adding additional sports facilities, such as a mini-golf course!~. A paintball arena and rock climbing wall are already in the works! If none of that sounds like your forte, the property provides the opportunity for expansion or diversification of the business with over an acre of commercial property. Don't miss out on this gem. With your vision and investment, this commercial property can become a thriving hub for sports enthusiasts and dining enthusiasts alike. Embrace the potential and seize this exciting opportunity to bring new life to this establishment.
Features
- Property Type: Restaurant
- Construction: Block, Wood Frame
- Garage: 19 to 30 Spaces
- Cooling: Central Air
- Year Built: 1975
- Approx Sq. Feet: 1,185
- Acreage: 1.18
- Est. Taxes: $7,055
- MLS#: O6114763
- Days on Market: 317 days
- Website: https://www.raveis.com
/prop/O6114763/1271belleavenue_wintersprings_fl?source=qrflyer
Listing courtesy of CREEGAN GROUP Phone: 407-622-1111
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1271 Belle AVENUE, Winter Springs, FL, 32708
$975,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $780,000 | $780,000 | $780,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
| Monthly Tax Payment | $588 | $588 | $588 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,994 | $5,059 | $6,848 |
| Total Monthly Payment | $5,674 | $5,739 | $7,528 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388