Under contract-accepting backup offers. Accepting Backup Offers
Versatile mixed-use property WAREHOUSE AND OFFICES conveniently located in the heart of Downtown Clearwater, encompassing 4, 517 square feet across two impeccably renovated buildings. The first building functions as a modern 1, 945-square-foot office space, comprised of two tastefully updated units including tile, new bathrooms and new kitchens. The second building offers a generous 2, 496-square-foot Warehouse / Showroom / Office complete with a garage door suitable for a wide variety of business purposes. Over the past five years both structures have undergone extensive enhancements, featuring new roofs, advanced HVAC systems, upgraded electrical components, and a striking facade with landscaping, all reflecting exceptional craftsmanship. This property presents an unparalleled opportunity for an owner/operator, as the warehouse/showroom building can be vacant at closing. The property is also perfect for a discerning investor, with both offices currently leased and the expansive warehouse/showroom serving dual purposes for the owner’s offices and storage, positioning it for the possibility of three or more income streams. The warehouse boasts a gourmet kitchen equipped with high-end stainless steel appliances including a SubZero refrigerator, and is fortified by large steel security doors. Additionally, a comprehensive lighting and camera surveillance system, installed in July 2024, ensures the safety of the entire premises, which includes a parking lot with seven lined parking spaces and an additional garage vehicle space. The location, renovations, functionality and layout of this property make it a superb choice for a wide range of businesses.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 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** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | $1,028 | $1,028 | $1,028 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,562 | $5,635 | $7,666 |
Total Monthly Payment | $6,715 | $6,788 | $8,819 |
* 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.