904 E Hinson AVENUE, Haines City, FL, 33844 | $1,100,000

Seize the opportunity to own a well-established business in one of Central Florida’s fastest-growing areas! This highly visible corner lot property is home to Maryland Fried Chicken, a successful and beloved restaurant with over 40 years of history in Haines City’s central business district. Situated in a prime location, this commercial property offers everything an investor or entrepreneur needs to continue thriving in this vibrant community. Turnkey Business & Real Estate Included: A rare chance to own both the real estate and the 40+ year established Maryland Fried Chicken restaurant, known for its loyal customer base and steady stream of traffic. Prime Corner Lot Location: The property sits on a prominent corner of Hinson Avenue, directly across from Bank of America and next to Landmark Baptist College, surrounded by bustling businesses that ensure continuous foot and vehicle traffic. Dine-In Facilities & Parking: The restaurant features a dining area for customers to enjoy meals on-site, along with 14 dedicated parking spaces to accommodate diners. Fully Equipped & Licensed: Sale includes all necessary restaurant equipment and a valuable beer license, allowing the new owner to hit the ground running with minimal additional investment.
High Traffic Flow: Positioned in Haines City’s central business corridor, this location benefits from a constant flow of local and commuter traffic, ensuring a steady stream of customers. Market Insights: Haines City is experiencing rapid growth with a population of approximately 51, 053, a median age of 41. 5 years, and a median household income of $54, 296. The area is predominantly home to young families and multi-generational households who are budget-conscious but also inclined toward modern trends and brand loyalty. With a large portion of the workforce employed in manufacturing, construction, and retail trade, this community presents a significant customer base for a thriving business like Maryland Fried Chicken. This commercial property offers not only a solid investment but also a chance to be part of a vibrant, growing community. With Haines City’s upward trajectory, owning this business puts you at the center of a dynamic and expanding market. Whether you are a seasoned investor or an entrepreneur looking to make your mark, this property is an ideal choice. Don’t miss your chance to own this iconic restaurant and prime piece of real estate in one of Central Florida’s hottest markets.

Features

  • Property Type: Restaurant
  • Construction: Block
  • Utilities: BB/HS Internet Capable, Electricity Available, Natural Gas Available, Sewer Nearby, Underground Utilities, Water Connected
  • Garage: 13 to 18 Spaces
  • Levels: 1
  • Heating: Central, Electric, Wall Units / Window Unit
  • Cooling: Central Air, Wall/Window Unit(s)
  • Lot Size: 100 x 120
  • Year Built: 1953
  • Approx Sq. Feet: 1,665
  • Acreage: 0.23
  • Est. Taxes: $3,046
  • Lot Desc: Central Business District, Corner Lot, Fire Hydrant, Historic District, City Lot
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator
  • MLS#: P4932269
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/P4932269/904ehinsonavenue_hainescity_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 10/4/2024 11:17:09 PM)
Listing courtesy of RE/MAX HERITAGE PROFESSIONALS   Phone: 863-256-2188

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NMLS Mortgage Loan Originator ID 16953

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904 E Hinson AVENUE, Haines City, FL, 33844

$1,100,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $880,000 $880,000 $880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.375% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.387% 6.498% 6.413%
Monthly Tax Payment $254 $254 $254
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,490 $5,490 $7,545
Total Monthly Payment $5,869 $5,869 $7,924

* 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.