Located on a prominent main thoroughfare in Bartow, Florida, this versatile commercial property is perfect for a variety of business purposes. Bartow is strategically situated in the heart of Central Florida, offering easy access to major highways and transportation hubs. This central position allows businesses to reach a broad customer base and facilitates efficient logistics and distribution.
Bartow is experiencing steady economic growth, supported by a diverse mix of industries such as manufacturing, agriculture, retail, and healthcare. This growth fosters a vibrant business environment and creates opportunities for new and expanding businesses. Compared to larger cities in Florida, Bartow offers more affordable commercial real estate options. This affordability allows businesses to secure prime locations and larger spaces without the high costs associated with metropolitan areas, making it an attractive place for startups and small businesses. Currently zoned for Commercial/Industrial use, this property offers extensive potential for multiple applications, making it a valuable asset for any entrepreneur or business owner.
The interior of this property has been completely transformed with modern updates, including sleek new flooring that enhances the overall aesthetic and durability, energy-efficient LED lighting that brightens the space while reducing utility costs, and a fresh coat of paint throughout, creating a clean and inviting atmosphere. The North side of the building, which was once an open bay, has been expertly enclosed and refurbished into a functional open-concept office space. This transformation provides a flexible and spacious area suitable for various business operations, from collaborative workspaces to customer service areas.
Additionally, the rear of the property is securely fenced, offering ample and safe storage for equipment, materials, or vehicles. This secure area is ideal for businesses that require outdoor storage or additional workspace.
The property's charming and character-filled interior makes it perfect for businesses that require a blend of office and production space. Whether you envision it as a state-of-the-art gym, a vibrant dance studio, or a dynamic office with production capabilities, this property is designed to meet diverse business needs. Its strategic location on a main thoroughfare ensures high visibility and easy accessibility, further enhancing its appeal to potential customers and clients.
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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 | $319,600 | $319,600 | $319,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $342 | $342 | $342 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,126 | $2,124 | $2,695 |
Total Monthly Payment | $2,543 | $2,541 | $3,112 |
* 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.