818 North Magnolia Ave, Ocala, FL 34475

$1,200,000

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List Price
$1,200,000
Status
Active
Days on Market
188
Price Change
▼ $100,000 1779988155
MLS#
OM717207
Property Style
Warehouse
Year Built
1947
Lot Size
43,124
Acres
0.99
Total Acreage
1/2 to less than 1
MLS Area Major
Ocala

Property 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!

Additional Information

Taxes Annual
$9613
Community Features
No Deed Restriction
Zoning
B5
Floor
Concrete, Epoxy
Utilities
Public
Air Conditioning
Office Only, Other
Exterior Construction
Stucco
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
25498-000-00
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

Listing courtesy of NEWGATE REALTY, LLC. 859-621-0829

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