514 S Magnolia AvenueOcala, FL 34471MLS Number OM684614

  • Price: $1,800,000
  • 113 Days on Market
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Federal 30-year interest rate: 6.6% last updated on Dec 12, 2024
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514 S Magnolia Avenue Ocala FL 34471514 S Magnolia Avenue Ocala FL 34471514 S Magnolia Avenue Ocala FL 34471514 S Magnolia Avenue Ocala FL 34471
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  • 0.28Acreage
  • 1930Year Built
  • 5,691Square Feet
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.
Listing Courtesy of INVICTUS REAL ESTATE LLC

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More Info

Location Information

  • Road Frontage["City Street"]

Basic Information

  • Property SubTypeMixed Use

Building

  • Building Area Source Public Records
  • Levels One
  • Stories1
  • Year Built1930

Property Information

  • Acreage0.28
  • Construction Materials Block, Concrete
  • Lot Size Square Feet 12,197
  • MFR Total Acreage 1/4 to less than 1/2
  • Square Feet5,691

Basic Information

  • List Price$1,800,000
  • MLS NumberOM684614
  • Mls Status Active
  • StatusACT

Property

  • Living Area 5691

Interior

  • Flooring Carpet, Terrazzo

Utilities

  • Cooling Central Air

Water Body

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

Other

  • Date Listed08/23/2024
  • MFR Flood Zone Code X
  • View Count40

Tax Information

  • Tax Year 2023
  • Taxes$9,297

Location

  • Address514 S Magnolia Avenue
  • AreaOcala
  • Building Number514
  • CountyMarion
  • StateFL
  • StreetS Magnolia Avenue
  • TownOcala
  • Township 15S
  • Zip34471
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of December 13, 2024 . 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.

I agree to receive marketing and customer service calls and text messages from Fusilier Realty Group. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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