818 North Magnolia Ave, OCALA, FL 34475

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  • MLS#: OM717207 ( Commercial Sale )
  • Street Address: 818 North Magnolia Ave
  • Viewed: 3
  • Price: $1,300,000
  • Price sqft: $110
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 11795
  • Days On Market: 68
  • Additional Information
  • Geolocation: 29.1947 / -82.1369
  • County: MARION
  • City: OCALA
  • Zipcode: 34475
  • Provided by: NEWGATE REALTY, LLC
  • Contact: Hanna Pieri
  • 859-621-0829
  • mfrmls
  • DMCA Notice
  • Description
    New opportunity to own an updated and renovated commercial property in the North Magnolia Business District just a couple of minutes down the street from booming Downtown Ocala! This property sits on just under an acre with B5 zoning, two buildings, and plenty of access/road frontage. The parking lot has been recently re surfaced and striped. Both buildings have been freshly painted on the exterior. The main building showcases epoxy flooring and galvalume ceiling with spray foam insulation in the front portion, as well as fully updated offices and bathrooms, three automatic roll up doors, and is over 8,000sqft under roof. The secondary building has one office, two bathrooms, and over 3,000sqft under roof with a rear roll up door that leads to the connecting fenced in courtyard area. It also features a security roll up in front of the street storefront doors. The entire second building is climate controlled and makes for a great rental investment option. Endless opportunities and potential with this property!
Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Concrete, Epoxy
  • Living Area: 0.00
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Office Only, Other
  • Road Frontage Type: Business District, City Street
  • Sewer: Public Sewer
  • Utilities: Public
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: 2025
Other Features
  • Country: US
  • Legal Description: SEC 07 TWP 15 RGE 22 COM 490 1/2 FT N & 40 FT W FROM THE SE COR OF SEC 7 FOR THE POB TH W 219 FT TH N 50 FT TH E 219 FT TH S 50 FT TO THE POB & COM 422 1/2 FT N & 40 FT W FROM THE SE COR OF SEC 7 FOR THE POB TH W 100 FT TH N 68 FT TH E 100 FT TH S 68 FT TO THE POB EXC COM AT THE SE COR TH N 00-16-38 E 422.50 FT TH S 89-59-32 W 40 FT TO THE POB TH CONT S 89-59-32 W 19 FT TH N 00-16-38 E 118 FT TH N 89-59-32 E 19 FT TH S 00-16-38 W 118 FT TO THE POB
  • Area Major: 34475 - Ocala
  • Parcel Number: 25498-000-00
  • Zoning Code: B5
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