$1,400,000

1706 N Magnolia Avenue Ocala, FL 34475 Commercial - Active

  • 1706 N Magnolia Avenue , Ocala, FL 34475 Main Photo

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Description

10,985+ SF of flex retail/warehouse space offered across three buildings located on N Magnolia Ave in the heart of Ocala. This centrally located property provides quick and convenient access to US 441/301 and US 27, making it ideal for a wide range of commercial users seeking strong connectivity and visibility. Situated on approximately 0.95 acres and zoned B-4, the property allows for a broad mix of retail, service, and light industrial uses, offering excellent flexibility for both owner-users and investors.The site is comprised of three separate buildings with a variety of unit sizes and configurations, each combining office and warehouse components. Building 100 totals 2,805+ SF and features approximately 900+ SF of office/showroom space with the balance dedicated to warehouse, serviced by a grade-level roll-up door. Building 200 consists of 3,080+ SF divided into three equal units, each with a small office, restroom, and primarily warehouse space, along with one grade-level roll-up door per unit. Building 300 spans 5,100+ SF and includes one 3,000+ SF unit and two 1,050+ SF units, all with roll-up doors and varying office/bathroom layouts.The property can be acquired with a level of vacancy, allowing an owner-user the opportunity to occupy a portion of the space while benefiting from in-place income from existing tenants. Alternatively, investors can capitalize on the remaining vacancy to lease up the property and create additional value through stabilization. This multi-tenant flex asset presents a unique opportunity for both immediate functionality and long-term upside in a highly accessible Ocala corridor.

Property Highlights

Property Type: Commercial -
Cooling: Office Only
Lot Size: 0.95 Acres
Stories: 1.0
Taxes: $11,459
Year Built: 1985

General Information

County: Marion
Subdivision: MARION HEIGHTS
Listed By:
Charles White GUS GALLOWAY REALTY INC 352-622-8127

Property Features

Days on Site: 16
Directions: From downtown Ocala, begin by heading north on NE 1st Ave. Continue straight and merge onto N Magnolia Ave for approximately 1.5 to 2 miles the property on your left-hand side.
Exterior: Block
Flood Zone Code: X500
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.95
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Business
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Water Access Y/N: No
Zoning: B4
$1,400,000
Active
BEDS0 BATHS SQUARE FEET10,985 MLS#OM721785
STATUSActive PROPERTY TYPECommercial - SUBDIVISIONMARION HEIGHTS

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1706 N Magnolia Avenue , Ocala, FL 34475.

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