Active

514 S MAGNOLIA AVE

OCALA FL, 34471

$1,800,000


$316.29 per sqft

Active

5,691 sqft

Commercial

Built in 1930

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.

OM684614

MLS ID

August 23, 2024

Listed

September 21, 2024

Updated

Map

514 S MAGNOLIA AVE
OCALA FL, 34471

Interior Features

Total Stories

1


Floor Description

Carpet, Terrazzo


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.28 Acres

Other Property Details

Area Name

34471 - Ocala


Taxes

$9,297


Tax Frequency

Annually


Garage

No


View

No


County

Marion


Municipality

15S


Pool

No

Listed by INVICTUS REAL ESTATE LLC
Listing Contact: 352-817-1627 

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Data last updated 9/21/2024, 5:11 AM UTC

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