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
November 22, 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
Association Fee Frequency
Monthly
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 11/22/2024, 6:54 AM UTC