Under contract-accepting backup offers. Turnkey property featuring a 1,536 SF masonry-constructed building with a second-story 928 SF 2-bedroom/1-bathroom apartment, situated on 0.75 acres in North Ocala's industrial corridor. Originally constructed in 1988, the building includes a large open shop floor, workshop/service area with workbenches and utility sink, front retail/reception area with service counter, and a covered drive-in garage bay. The apartment above offers a full kitchen, walk-in shower, and hardwood-style flooring, providing an owner-operator housing option or supplemental rental income. The fenced perimeter provides security for equipment and vehicles, while the paved parking area and open yard space offer strong potential for a laydown yard, a practical advantage for contractors, distributors, or service-based businesses in the surrounding industrial market. There is also an established channel that directs stormwater towards the DRA at the back of the property.
2265 N MAGNOLIA AVENUE, Ocala, FL, 34475
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
