514 S Magnolia Avenue, Ocala, FL 34471
- $1,800,000
- 5,691
- SqFt
- List Price
- $1,800,000
- Status
- Active
- Days on Market
- 45
- MLS#
- OM684614
- Property Style
- Mixed Use
- Year Built
- 1930
- Living Area
- 5,691
- Lot Size
- 12,197
- Acres
- 0.28
- Total Acreage
- 1/4 to less than 1/2
- MLS Area Major
- Ocala
Property Description
LOCATION LOCATION LOCATION!!! The Monkey has grown out of it's cage and needs to find a bigger space! Don't miss out on this incredible opportunity to own a 5691 square foot commercial building in the heart of downtown Ocala! This strategically located property is steps away from the bustling downtown square, across from a planned high-end multi-family development, a block away from the busy and popular Downtown Market, and close to the courthouse, restaurants, and the main post office. If you are looking for a location that will grow your business with exposure strategically placed to capture all of Marion County, THIS IS IT! If you are looking for an investment property that will grow your real estate portfolio, gain equity, and will be easily leased, THIS IS IT! The building features 1800 square feet currently separated out with its own access door, making it perfect for rental income or owner-occupied space. The sellers are motivated to sell as they are looking to expand into a larger space, making this a great investment opportunity for any business looking for maximum exposure and convenience. With its dynamic location and proximity to a thriving downtown and U.S. Highway 441, this commercial building is perfect for a wide range of businesses looking to capitalize on a diverse and active customer base. Don't miss out on the chance to be a part of Ocala's vibrant downtown community! *The Monkey Cage outgrew their space for a reason, now it's your turn! *Monkey Cage is NOT closing, they are moving locations.
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Additional Information
- Taxes Annual
- $9297
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Floor
- Carpet, Terrazzo
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Concrete
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 2852-017-003
- Legal Description
- SEC 18 TWP 15 RGE 22 PLAT BOOK E PAGE 002 NEW SURVEY SOUTH OCALA A PT OF BLK 17 BEING MORE PARTICULARLY DESC AS: COM AT A PT ON THE E LINE OF BLK 17 A DISTANCE OF 164 FT N OF THE SE COR OF BLK 17 TH W 116 FT TH S 164 FT TH E 16 FT TH N 65 FT TH E 100 FT TO THE E LINE OF BLK 17 TH N TO THE POB
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Listing courtesy of INVICTUS REAL ESTATE LLC.
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