514 S MAGNOLIA AVENUE OCALA FL 34471 MLS #OM684614

514 S MAGNOLIA AVENUE
OCALA, FL, 34471
$1,800,000
Beds
0 Baths
5,691 SqFt
0.28 Acres
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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.

Property Details

Price:
$1,800,000
MLS #:
OM684614
Status:
Active
Beds:
0
Baths:
0
Address:
514 S MAGNOLIA AVENUE
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
34471 – Ocala
City:
OCALA
Listed Date:
Aug 23, 2024
State:
FL
Finished Sq Ft:
5,691
Total Sq Ft:
5,691
ZIP:
34471
Lot Size:
12,197 sqft / 0.28 acres (approx)
Year Built:
1930
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Schools

Interior

Cooling
Central Air
Flooring
Carpet, Terrazzo

Exterior

Construction Materials
Block, Concrete

Financial

Tax Year
2023
Taxes
$9,297

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514 S MAGNOLIA AVENUE
OCALA, FL