Ocala, FL 34471,514 S MAGNOLIA AVE
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Ocala, FL 34471,514 S MAGNOLIA AVE
Ocala, FL 34471,514 S MAGNOLIA AVE
Ocala, FL 34471,514 S MAGNOLIA AVE
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$ 1,800,000
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514 S MAGNOLIA AVE Ocala, FL 34471

5,691 SqFt


UPDATED:

08/24/2024 09:01 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,691 sqft

Price per Sqft $316

MLS Listing ID OM684614

HOA Y/N No

Originating Board Stellar MLS

Year Built 1930

Annual Tax Amount $9,297

Lot Size 0.280 Acres

Acres 0.28

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.

Location

State FL

County Marion

Interior

Cooling Central Air

Flooring Carpet, Terrazzo

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Structure Type Block,Concrete

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


Stellar MLS
Listed by INVICTUS REAL ESTATE LLC

John & Sophia Ghanayem

Agent | License ID: SL3551205

+1(941) 216-2355

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514 S MAGNOLIA AVE