1241 Memorial BOULEVARD W, Lakeland, FL, 33815 | $675,000

Looking for a turnkey business opportunity in a bustling area of one of the fastest growing cities in the country? Look no further! This established automotive service garage is conveniently located across from several car dealerships - making it the perfect location for organic business growth! Sitting on over 1/3 of an acre on a corner lot, there is no shortage of space for parking or expansion! The business comes with almost everything you need to immediately get started as the owners have spared no expense on outfitting this garage with all of the best equipment available - including 6 new overhead bay doors, a new air compressor, 5 hoists capable of lifting vehicles of all sizes, from a small car to a large truck and more! Also included is their entire tire inventory, air filter inventory, storage crates, a refrigerator, and 2 renovated bathrooms! The lower portion of the roof is 2 years old while the taller portion is 7 years old. Please do NOT stop at the shop during business hours or speak to employees regarding the sale.

Features

  • Property Type: Business
  • Construction: Block
  • Utilities: BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected
  • Garage: 13 to 18 Spaces
  • Levels: 1
  • Cooling: Central Air
  • Lot Size: 125 x 124
  • Year Built: 1975
  • Approx Sq. Feet: 2,592
  • Acreage: 0.35
  • Est. Taxes: $4,085
  • Lot Desc: Corner Lot, City Lot, Street Lights
  • Appliances: Refrigerator
  • MLS#: L4946668
  • Days on Market: 43 days
  • Website: https://www.raveis.com
    /prop/L4946668/1241memorialboulevardw_lakeland_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 11/25/2024 5:04:00 AM)
Listing courtesy of Keller Williams Realty   Phone: 863-577-1234

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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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1241 Memorial BOULEVARD W, Lakeland, FL, 33815

$675,000

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 $540,000 $540,000 $540,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $340 $340 $340
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,593 $3,589 $4,630
Total Monthly Payment $4,025 $4,021 $5,062

* 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.