365 N Ivey LANE, Orlando, FL, 32811 | $3,500,000

Nestled at 365 N Ivey Ln, an expansive 20, 000 sqft industrial warehouse beckons with boundless possibilities. Zoned C-3 Industrial, this remarkable property has served as a thriving body shop for over 25 years, standing as a testament to its operational excellence and adaptability. The vast lot offers ample parking, storage, and additional space, ensuring every requirement is met. Beyond its current operation, the property opens doors to ownership with the potential to lease the building, catering to a spectrum of ventures. With the option to divide the space, the current layout remains versatile, accommodating various business preferences. Notably, it stands as one of the few locations in Central Florida equipped with a paint booth and oven suitable for larger vehicles like RVs, busses, and semi-trucks. The main building boasts five semi-truck doors, streamlining the servicing of substantial vehicles. Complementing this, a secondary building features four standard garage doors, primed for vehicle storage and offering an adaptable central space. Whether you aim to acquire an established business, enter a dynamic market, or expand your operations, seize the chance to harness the unmatched potential of this industrial treasure.

Features

  • Property Type: Industrial
  • Construction: Block, Concrete
  • Utilities: Electricity Available, Phone Available, Water Connected
  • Garage: 6 to 12 Spaces, Other
  • Levels: 1
  • Cooling: A/C - Office Only
  • Units: 2
  • Year Built: 1967
  • Approx Sq. Feet: 23,094
  • Acreage: 2.61
  • Est. Taxes: $17,091
  • Lot Desc: Fire Hydrant, Special Taxing District
  • MLS#: O6135152
  • Days on Market: 215 days
  • Website: https://www.raveis.com
    /prop/O6135152/365niveylane_orlando_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 5/10/2024 7:47:08 AM)
Listing courtesy of EXP REALTY LLC   Phone: 407-392-1800

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888.699.8876

Contact@raveis.com

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

365 N Ivey LANE, Orlando, FL, 32811

$3,500,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,800,000 $2,800,000 $2,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.014% 6.915%
Monthly Tax Payment $1,424 $1,424 $1,424
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $18,864 $18,394 $24,777
Total Monthly Payment $20,413 $19,943 $26,326

* 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.