101 E Silver Springs BoulevardOcala, FL 34470MLS Number OM646739

  • Price: $7,250,000
  • 175 Days on Market
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Federal 30-year interest rate: 6.6% last updated on Mar 16, 2023
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101 E Silver Springs Boulevard Ocala FL 34470101 E Silver Springs Boulevard Ocala FL 34470101 E Silver Springs Boulevard Ocala FL 34470
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  • 0.15Acreage
  • 1913Year Built
  • 28,780Square Feet
DT101 presents a unique opportunity for an investor to acquire a 89% leased mixed use property with attractive in place cash flow, a weighted average of over four year lease term and in place rents with 29% below market. Strategically located at the epicenter of Ocala's Redeveloped and exploding Downtown District, this 28,000 square foot historic building features a renovated industrial modern lobby and an attached half block surface parking lot with future development potential. Offering Highlights • Ocala's most centrally located Mixed Use Property with First floor Restaurants / Retail • Strong Cash Flow in place • Site is adjacent to City's Linear Trail - designed with a built in cross walk to connect downtown and midtown areas for art, entertainment, parks and event options Property Overview • Four Story, completely renovated, Mixed Use Building • Includes half block adjacent, private, surface parking - future development potential • Located in Form Based Code, redevelopment area of Downtown Ocala and the Downtown Development District
Listing Courtesy of BOYD REAL ESTATE LLC

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Location Information

  • Road Frontage["Business District", "Divided Highway", "Highway", "Main Throrughfare", "State Road"]

Basic Information

  • Property SubTypeMixed Use

Property

  • Living Area 28780
  • ZoningFBC

Utilities

  • Cooling Central Air

Property Information

  • Acreage0.15
  • Construction Materials Block
  • Lot Size Square Feet 6,534
  • MFR Total Acreage 0 to less than 1/4
  • Number Of Lots 2
  • Property Condition Completed
  • Square Feet28,780

Basic Information

  • List Price$7,250,000
  • MLS NumberOM646739
  • Mls Status Active
  • StatusACT

Location

  • Address101 E Silver Springs Boulevard
  • AreaOcala
  • Building Number101
  • CountyMarion
  • StateFL
  • StreetSilver Springs
  • SubdivisionOcala
  • TownOcala
  • Township 15
  • Zip34470

Other

  • Date Listed09/29/2022
  • MFR Flood Zone Code X
  • MFR Flood Zone Date 2017-04-19
  • View Count2

Tax Information

  • Tax Year 2021
  • Taxes$34,760

Parking

  • Parking Features Lighted, Over 30 Spaces, Secured

Building

  • Building Area Source Public Records
  • Garage Spaces
  • Levels Three Or More
  • Stories4
  • Year Built1913

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No

Legal

  • Listing Agreement Exclusive Right To Sell
  • Parcel Number 2823-064-006
  • Tax Legal Description SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 002 OLD SURVEY OCALA S 1/2 OF LOT 3 BLK 64
Fusilier Realty Group

Your Local Office

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Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of March 22, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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