Prime commercial space available at 113 E Main St, Tavares, FL 32778. This exceptional 2, 048 sq. ft. property, located in the bustling heart of downtown Tavares, offers high foot traffic and visibility, making it ideal for retail, dining, or professional services. The spacious interior features a large entrance/lobby, a vestibule, an employee break area with a bathroom, and two offices, one of which includes two private restrooms. The building is constructed of sturdy block and is set up to potentially rent the front for retail and the back for office space by adding a walkway to the back. Please note, it has only one meter.
The property is zoned CD - Commercial Downtown District, ensuring its suitability for a wide range of commercial uses. Its prime 40 foot of frontage on E Main St places it adjacent to thriving businesses, just 800 feet from the Lake County Administration building in the center of downtown Tavares, and a mere 400 feet to Wooten park and the Lake Dora waterfront. The property is conveniently close to ample parking and major highways including Hwy 441 and 19, providing easy access to Mount Dora, Eustis, and Leesburg. Known as "America's Seaplane City, " Tavares offers a unique and vibrant community for your business to thrive.
Please note that the roof has started leaking in the kitchen, and the seller will not be fixing it. With some TLC, this property presents a great opportunity. There is also an option to purchase this lot or all five available properties in total at a bulk price. Inquire for more information. Envision your business thriving in this vibrant community setting where old-world charm meets modern convenience. Contact us today to schedule a private tour and explore the potential of 113 E Main St. Your next chapter of success begins here.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$357,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $286,000 | $286,000 | $286,000 |
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 | $249 | $249 | $249 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,927 | $1,901 | $2,412 |
Total Monthly Payment | $2,251 | $2,225 | $2,736 |
* 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.