Discover this unique Shady Hills property that seamlessly blends business potential with comfortable living. Featuring a 2000 square foot commercial space perfect for restaurant, bar, pizzeria or bakery/cafe. This property also offers a private 2000 square foot mobile home oasis tucked away in the back complete with a sparkling pool and serene surroundings. Property highlights for the restaurant: Metal roof, front and side porches to enhance curb appeal and lots of outdoor seating, signage, prime location close to schools, 3 miles away from the new 55+ resort, conveniently located next to Elsie park and 2 miles from another upcoming community and a large parking lot to top it all off. Property highlights to the residence: 2001 Mobile, completely tiled, 4 year old roof, 4 year old HVAC system, spacious master bedroom with a space for walk in closet or home office, wood burning fireplace, modern kitchen with new refrigerator, stove and lots of cabinets, indoor laundry with cabinets, game room overlooking the family room, 3 additional bedrooms with walk in closets. Outdoor Amenities include: Fully fenced, 24x18 storage shed, stunning 17x32 fiberglass pool with a waterfall and salt water system and cabana, 2 porches the rear one is screened with extra electric for plenty of lights and fans. This property is truly a cornerstone of the Shady Hills area, offering endless possibilities for entrepreneurs and families alike. If you have dreamed of running a thriving business and retreating at the end of the day into your private retreat this unique property offers it all. Restaurant could be purchased separately.
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$895,000
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 | $716,000 | $716,000 | $716,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
Monthly Tax Payment | $199 | $199 | $199 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,585 | $4,467 | $6,188 |
Total Monthly Payment | $4,876 | $4,758 | $6,479 |
* 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.