Versatile Commercial Property in Prime Location - Zoned CC-1
This unique 0. 34-acre property, zoned CC-1 (Commercial Corridor District), offers endless possibilities for a wide range of businesses. The existing concrete building is divided into two distinct spaces, previously housing a popular restaurant on one side and an insurance company on the other.
This setup provides a perfect opportunity for an investor or business owner to capitalize on the property's versatility and central location.
Key Features:
Zoning: CC-1 (Commercial Corridor District)
Lot Size: 0. 34 acres
Building: Concrete structure with dual-purpose layout
Location: Centrally located, offering excellent visibility and access to major thoroughfares
Kitchen Equipment, Fixtures and Office Furniture: All Included
Current Layout:
Side 1: Former restaurant space, ready for a new dining establishment or retail conversion.
Side 2: Former insurance office, ideal for professional services or office use.
Permitted Principal Uses: The CC-1 zoning allows for a variety of high-demand commercial uses, including:
Retail Sales: Ideal for boutiques, specialty stores, or general merchandise.
Restaurants & Cafes: Perfect for dining establishments, coffee shops, or fast-food outlets.
Professional Offices: Suited for medical, legal, real estate, and financial services.
Personal Services: Great for salons, spas, fitness centers, and more.
Commercial & Business Services: Suitable for businesses offering printing, shipping, and other professional services.
This property's strategic location and adaptable layout make it a valuable asset for any business looking to thrive in Holly Hill. Whether you envision continuing its current use or reimagining it for something new, this property offers the perfect foundation for your next venture.
Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.
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Our Executive Mortgage Banker:
Our Insurance Division:
$350,000
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 | $280,000 | $280,000 | $280,000 |
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 | $196 | $196 | $196 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,886 | $1,861 | $2,361 |
Total Monthly Payment | $2,157 | $2,132 | $2,632 |
* 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.