10 S Maryland AVENUE, Plant City, FL, 33563 | $800,000

Under contract-accepting backup offers. PRICED REDUCED!!!! THIS ONE OF A KIND BUSINESS IS LOCATED EAST OF DOWNTOWN HISTORIC PLANT CITY, HOME OF THE FAMOUS FLORIDA STRAWBERRY FESTIVAL. THIS HAS BEEN A WELL ESTABLISHED AUTOMOTIVE MACHINE SHOP FOR OVER 30 YEARS. THIS SHOP AND LAND SITS ON . 49 OF AN ACRE. THERE IS AN ADDITIONAL PARCEL BEING SOLD SEPARATELY ADJOINING THE AUTOMOTIVE MACHINE SHOP THAT CAN BE USED FOR ANOTHER SMALL BUSINESS OR STORAGE AREA. THE PROPERTY CURRENTLY HAS A SHOP WITH OVER 4, 000 SQ FT OF SPACE. THE SHOP HAS A ADMINISTRATIVE OFFICE, 2 BATHROOMS AND 2 OTHER ROOMS FOR OFFICE SPACE OR STORAGE. ALSO HAS A 3 PHASE ELECTRICAL WIRING, 2 TELEPHONE LINES, AIR LINES RUNNING THROUGH THE BUILDING AND PLENTY OF WORK SPACE. THE BUSINESS COMES WITH MACHINERY, FURNITURE, INVENTORY, MACHINERY NEEDED TO REBUILD COMPLETE ENGINES AND HEADS. THERE IS 2 CLEANING TANKS, ONE FOR CAST IRON AND ONE FOR ALUMINUM. ALSO HAS A BRAKE LATHE FOR TURNING DRUMS AND ROTORS. ATTACHED IS THE ITEM LIST THAT COMES WITH THE BUSINESS. THERE ARE A FEW ITEMS THAT WILL NOT CONVEY, WHICH WILL BE LISTED SEPARATELY. THE BUSINESS IS STILL CURRENTLY UP AND RUNNING DAILY. OWNER IS WILLING TO STAY ONBOARD WITH THE COMPANY IF NEEDED TO HELP FACILITATE THE NEW OWNERS WITH THE COMPANY. CALL FOR AN APPOINTMENT TODAY! THIS WON'T LAST LONG!

Features

  • Property Type: Business
  • Construction: Block
  • Utilities: Public
  • Heating: Central
  • Cooling: Central Air, Wall/Window Unit(s)
  • Year Built: 1970
  • Approx Sq. Feet: 4,143
  • Acreage: 0.49
  • Est. Taxes: $3,128
  • Lot Desc: Near Railroad Siding
  • MLS#: S5061539
  • Days on Market: 835 days
  • Website: https://www.raveis.com
    /prop/S5061539/10smarylandavenue_plantcity_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/15/2024 5:30:50 AM)
Listing courtesy of BETTER HOMES & GARDENS FINE LIVING   Phone: 407-566-0122

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052

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Our Insurance Division:

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10 S Maryland AVENUE, Plant City, FL, 33563

$800,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $640,000 $640,000 $640,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.171% 6.538%
Monthly Tax Payment $261 $261 $261
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,366 $4,254 $5,488
Total Monthly Payment $4,719 $4,607 $5,841

* 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.