Introducing 3725 NE 8th Pl, a versatile commercial property located in the thriving city of Ocala, FL. Boasting 2100 sqft of customizable space, this property offers an exceptional opportunity for savvy investors and business owners alike. Currently operating as a successful hair salon, this turnkey establishment presents the perfect canvas for a wide array of ventures, including the potential for conversion into high-yield office space, maximizing its rental potential and investment appeal. With its prime location in a bustling area of Ocala, the building enjoys high visibility and accessibility, ensuring a steady flow of foot traffic and enhancing its desirability for businesses seeking a prime commercial address. The contemporary exterior and well-maintained facade convey a professional and inviting aesthetic, setting the stage for a wide range of businesses to make their mark in this sought-after locale. Upon entering, the property's layout and design are ideally suited for a seamless conversion to office space, providing an excellent opportunity to capitalize on the growing demand for flexible work environments. High ceilings, an open floor plan, and abundant natural light create an atmosphere conducive to productivity and comfort, setting the scene for a thriving office setting that will attract discerning tenants. The property's adaptable nature extends to its parking facilities, ensuring convenience for employees and visitors alike. The surrounding area presents a harmonious mix of commercial and residential properties, providing an attractive blend of accessibility and vibrancy, further enhancing the property's investment potential. With its existing successful hair salon business, this property offers immediate income generation, making it an enticing option for investors while also providing the flexibility for future development and adaptation to meet evolving market demands. The strategic location, combined with the property's potential for conversion, positions this offering as an unmatched opportunity for those seeking a valuable investment in Ocala's burgeoning commercial landscape. Whether you're considering capitalizing on the property's existing income stream as a turnkey salon or envisioning its transformation into a lucrative office space, 3725 NE 8th Pl presents an alluring prospect for astute investors keen on maximizing returns and diversifying their portfolio. Seize this occasion to take advantage of the property's current operational success while unlocking its untapped potential. Arrange a viewing today to explore the myriad opportunities this dynamic commercial property offers and lay the foundation for a future of prosperity and growth.
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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 | $300,000 | $300,000 | $300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.984% | 7.146% | 6.256% |
Monthly Tax Payment | $293 | $293 | $293 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,996 | $1,994 | $2,530 |
Total Monthly Payment | $2,363 | $2,361 | $2,897 |
* 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.