Address Not Provided
- MLS#: OM710851 ( Commercial Sale )
- Street Address: Address Not Provided
- Viewed: 4
- Price: $4,200,000
- Price sqft: $247
- Waterfront: No
- Year Built: 1917
- Bldg sqft: 17000
- Days On Market: 5
- Additional Information
- County: MARION
- City: OCALA
- Zipcode: 34470
- Provided by: BOYD REAL ESTATE LLC
- Contact: Angie Lester
- 352-861-2248
- DMCA Notice
-
Description**** income producing ***** **** downtown midtown **** the 125 n in midtown site is located in the heart of downtown / midtown ocala just off of silver springs boulevard also known as state road 40. This completely remodeled historic building is home to three professional offices and within steps of the new redeveloped and revitalized downtown ocala. Across from the square, close to all activities, this location offers visibility and accessibility, for all tenants and is highly sought after. The almost half block surface parking portion of this site is coveted in downtown ocala. *renovated in 2022 *surface parking and a private parking garage *three credit tenants in place *low maintneance *walking distance to all new downtown and midtown establishments *in the growth path of the city reimagine midtown future development plans. Discover the vibrant appeal of ocala, fl, where the property is nestled in a bustling commercial hub. Located in the heart of downtown, the area provides a prime investment opportunity for prospective office / office building investors. With easy access to major highways and public transportation, the location offers convenience for tenants and clients alike. Nearby, the historic ocala downtown square presents a charming selection of dining, entertainment, and cultural attractions. Additionally, the area is home to renowned medical facilities, educational institutions, and corporate offices, attracting a steady stream of professionals and visitors. Join the thriving business community in this dynamic and promising locale. Ocala metro statistics of note: population ocala msa 2021 385,915; 2023 400,000; 2040 500,000 population ocala msa us census bureau june 30,2021 142nd largest metro, top 25 fastest growing by rate, 38th fastest growing by quantity moving into ocala vs. Moving out of ocala 5. 24 move in for every 1 that moves out = #1 in nation ocala metro is growing by over 1000 people per month. Millennial population (30 39) is growing at double the us average and among the highest for all small metros in the nation. Us news and work report best places lists, ranks ocala metro: #10 safest places to live #5 fastest growing metro #16 best places to retire housing market 79% jump in single family permits over previous year largest increase in the country. Ocala metro ranked #2 in florida and #4 in the nation in moneys ranking of the top 10 hottest housing markets income growth median household income grew 31. 4% faster than the us average 2016 2020 the ocala metro ranked #4 in annual wage growth and #25 in 5 year wage growth (milken institute) ocala metro annual area median income increased 15% year over year. (us department of hud)
Property Location and Similar Properties
Features
Building and Construction
- Basement: Exterior Entry, Interior Entry, Other
- Covered Spaces: 0.00
- Living Area: 0.00
- Other Structures: Garage(s)
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Road Frontage Type: Business District, City Street, Main Throrughfare
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Country: US
- Legal Description: SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 002 OLD SURVEY OCALA N 124 FT OF BLK 63 ALSO BEING MORE PARTICULARY DESC AS: COM AT THE NW COR OF BLK 63 TH E 231 FT MOL TO THE NE THEREOF TH S 124.07 FT TH NWLY TO A PT ON THE W BNDY OF BLK THAT IS 123.70 FT S OF THE NW COR TH N 123.70 FT MOL TO THE POB
- Area Major: 34470 - Ocala
- Parcel Number: 2823-063-000
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