Located right beside the Marathon gas station is this 1 acre lot with wonderful potential! Ready for new development, great commercial location and utilities available. Easy access to major highway. Property is zoned C-3. *RE taxes to be assessed.
Zoning DescriptionC-3 General Business District
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Jill & I could not have been more pleased with listing our commercial property with Klein Realty. Every part of the process was handled in a professional manner with excellent results.
Why does the mortgagee sometimes require a Survey of the property?
Most mortgage lenders require a current and valid Real Property Report (survey) and proof of zoning by-law compliance from the local municipality, i.e. city, town, Municipal district, etc. The mortgagee (lender) does this to insure initially that the buildings are entirely within the property boundaries and there is no risk that the security for the mortgage will be damaged by the forced removal of the improvements. Most Lenders will now accept a Real Property Report and evidence of municipal compliance or a policy of Title Insurance.