2955 W ENTERPRISE RD, DEBARY
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Owner losing $1,000,000. as it cost 4.5 Million This is a fantastic Opportunity for you to be the happy new owner.. It's a class "A" colorful shopping center offering Retail and office units as a corridor entrance lot This property is great for the company needing space, as 4 are available. .It offers mature palm trees, curvey sidewalks and all surrounded around a flowing three tier fountain.Great Enterprise Rd. Exposure! Just under 500' of frontage. Beautiful oak trees, curvey shrubs, 21 decorator parking lot lights, 2 marque signs, canopy awning, awnings,sprinkler system with a deep well for watering. Parking Lot for 81 cars +a loading area and allows for parking 5 cars.& additional unpaved parking for 6 cars. Current tennants include an Italian restaurant ,nail salon, real estate office, Eagles Club and beauty salon , doctors ofices, Insurance and a printing company. . A great tennant Mix! The current Mortgage balance is $2.5 Million at4.75% with a pay off in 8/18/26. Per the bank, bring me the buyer & we will work with them, as this loan may be assumable. This loan has a interest rate that adjust every 3 years which is great! Note, the current rents do not cover the monthly mortgage payment. Four units left to lease out + market increases. Not included in the price is all of the tennant build outs, awnings,carpet,tiles,private offices,up graded plumbing & Electric,arches,kitchens, a $17,000. & a $30,000. inpact Fee's
Listing information courtesy of Deltona lakes realty inc.
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