413 ELM Street, #1, Welaka, FL, 32193 | $2,000

Located in the charming town of Welaka, FL, 413 Elm St offers a prime leasing opportunity for businesses looking to establish a presence in a rapidly growing community. Welaka is situated along the scenic St. Johns River, this property is poised for both immediate use and long-term growth, making it ideal for a variety of commercial ventures, from Commercial Kitchen to office space or retail service businesses.
The town of Welaka is known for its picturesque views, laid-back lifestyle, and increasing interest from investors and residents. Exceptionally clean and well-maintained Fully-Equipped Commercial Kitchen, Southern Pride Smoker and exterior outdoor space approx. . 23 Acre lot with endless opportunities for additional income potential. Newly installed Complete A/C Unit and Commercial Refrigerator. See Current Floor Plan in photos. THIS PROPERTY IS FOR LEASE but, owner would consider selling BUILDING & EQUIPMENT. Seller would also consider Seller Finance Terms! Currently Income Producing with Unit#2 providing long term rent roll and excellent history. THIS OPPORTUNITY WILL NOT LAST LONG! Schedule your SHOWING TODAY!

Features

  • Property Type: Retail
  • Current Use: Commercial, Office, Retail
  • Construction: Vinyl Siding
  • Utilities: Natural Gas Available
  • Heating: Central, Electric
  • Units: 1
  • Year Built: 2004
  • Approx Sq. Feet: 2,100
  • Acreage: 0.46
  • Est. Taxes: $216
  • Lot Desc: Corner Lot
  • MLS#: 2056945
  • Days on Market: 38 days
  • Website: https://www.raveis.com
    /prop/2056945/413elmstreet_welaka_fl?source=qrflyer
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Listing courtesy of FLORIDA HOMES REALTY & MTG LLC

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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413 ELM Street, #1, Welaka, FL, 32193

$2,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $1,600 $1,600 $1,600
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.508% 7.171% 6.392%
Monthly Tax Payment $18 $18 $18
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $11 $11 $14
Total Monthly Payment $104 $104 $107

* 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.