Banke Ayanleke
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531 N Us Highway 17 92, Longwood, FL 32750

$1,299,900

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Property Description

COMMERCIAL REAL ESTATE OFFERING INTEREST-FREE SELLER FINANCE!! YES, INTEREST-FREE!!!!!!$1,299,900 and SELLER FINANCE with $650,000 DOWN!! 0 PRCT PAYMENTS FOR 36 MONTHS AMORTIZED FOR 25 YEARS, AND BALLOON IN 36 MONTHS. YES, ZERO INTEREST!!! CASH FLOW EVEN AFTER PRINCIPAL PAYMENT! AND EVERY $1 PAID IS PAYING DOWN THE BALANCE ON THE PROPERTY! WOW!!! Also, will take the loan out an additional 24 months, total of 60, but a rate would be negotiated if this extension is wanted/needed. 0 PRCT is good for 36 months!! Nice way to pay it down then refi to an actual lender!!!! ................................................................................................................................................................................................................................................................................................................................................................................................................................................Option 2: Seller Finance with only $299k down, but at 8 Perct interest amortized at 25 years with a 60 month balloon. Even this is a great deal as it's superior to any hard money, private money, and is even competitive with conventional loans offering a similar rate and down payment would be higher than the 23 prct being offered at $299k down!!! ................................................................................................................................................................................................................................................................................................................................................................................................................................................Option 3: The CASH ME OUTSIDE option!!! Knock off $200K from the price and let's get closed in 30 days!!! ................................................................................................................................................................................................................................................................................................................................................................................................................................................$114k NOI. WOW!!!!!!! And that's with seller leaseback of 5 units. Once seller is out, your return will be 85 perct higher at $200k+ NOI!! 15-Unit C-2 Zoned retail plaza. ALL Units have their own exterior entry. All units have legal addresses of their own. So, this can also be condo'd out!!Located on a busy 6-Lane Hwy 17-92! Fully leased right now and with some owner occupied space.Contact me today and let's get the ball rolling in your direction.SELLER/OWNER FINANCE at ZERO INTEREST!!!!!! :-O

531 N Us Highway 17 92 | MLS# O6389797

This commercial property located at 531 N Us Highway 17 92, Longwood, FL 32750 is currently listed for sale with an asking price of $1,299,900. Search Longwood real estate on www.bankeayanleke.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Other
Lot Size: 0.30 Acres
Taxes: $4,553
Year Built: 1973
Square Feet: 3,460

Feature Descriptions

Days on Site: 74
Directions: Coming from Winter Springs side....Take 434 towards Longwood and turn right on N 17-92. Drive up about 1/2 mile and pass Maaco on your right, Ztech on your right, and the turn is on your right, as soon as you pass the bus stop.
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Owner Financing, Private Financing Available
Lot Dimensions: 0.3
Ownership: Corporation
Property Attached Y/N: No
Property Sub-Type: Retail
Sale Includes: Building(s) and Land, Leases
Showing Instructions: See Remarks
Special Sale Provisions: None
Water Access Y/N: No
Zoning: C-2

Listed By / Shown By

Listed By

Agency Name: REALTY HUB
Agency Contact: 888-900-1801

Shown By

Agent Name: Banke Ayanleke
Agent Phone: (850) 792-4919
Agency Title: Watson Realty Corp., REALTORS ®

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