EXCELLENT INVESTMENT OPPORTUNITY! Corner lot and Zoned B4, this flexible space located right on the popular N Magnolia Avenue is perfect as an addition to your portfolio or for the business owner who is looking to build equity. Currently being used as an automotive repair business and storage. This property can be used as a single business or divided into two, there are 2 addresses registered to this building and two separate electric meters already in place. There are multiple office spaces, 3 bay doors (2 accessed from N Magnolia Ave entrance and 1 accessed from Ne 16th Street), 2 bathrooms on site, and a centrally air-conditioned space in the front of the building. “Living area/heated area” on listing only used to represent usable space indoors. Only a portion of the building has air conditioning/heat. Take advantage of this opportunity while it lasts!
Property Details
Price:
$425,000
MLS #:
OM673151
Status:
Active
Beds:
0
Baths:
0
Address:
1535 N MAGNOLIA AVENUE
Type:
Commercial
Subtype:
Mixed Use
Subdivision:
LILLIAN UNDERWOOD UN #1
City:
OCALA
Listed Date:
Feb 18, 2024
State:
FL
Finished Sq Ft:
5,148
ZIP:
34475
Lot Size:
16,553 sqft / 0.38 acres (approx)
Year Built:
1945
Schools
Interior
Cooling
A/ C – Office Only
Flooring
Concrete
Exterior
Construction Materials
Block, Concrete
Financial
Buyer Agent Compensation
2.5%%
Tax Year
2023
Taxes
$3,436
Map
Community
- Address1535 N MAGNOLIA AVENUE OCALA FL
- CityOCALA
- CountyMarion
- Zip Code34475
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Courtesy of GOLD STREET REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
1535 N MAGNOLIA AVENUE
OCALA, FL
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