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$1,275,000

0 Beds 0 Baths 10,985 SQFT 0.95 Acres
Type: Commercial

1706 N MAGNOLIA AVENUE
OCALA, FL 34475

MLS#: OM721785
Kat Kitt
Kat Kitt
The Real Estate Advantage
Agent
Phone: 612.839.6927
Office: 952.401.8500
Presented by: GUS GALLOWAY REALTY INC with 352-622-8127. - 352-622-8127

Property Description

 

10,985± SF of flex retail/warehouse space offered across three buildings located on N Magnolia Ave in the heart of Ocala. This centrally located property provides quick and convenient access to US 441/301 and US 27, making it ideal for a wide range of commercial users seeking strong connectivity and visibility. Situated on approximately 0.95 acres and zoned B-4, the property allows for a broad mix of retail, service, and light industrial uses, offering excellent flexibility for both owner-users and investors. The site is comprised of three separate buildings with a variety of unit sizes and configurations, each combining office and warehouse components. Building 100 totals 2,805± SF and features approximately 900± SF of office/showroom space with the balance dedicated to warehouse, serviced by a grade-level roll-up door. Building 200 consists of 3,080± SF divided into three equal units, each with a small office, restroom, and primarily warehouse space, along with one grade-level roll-up door per unit. Building 300 spans 5,100± SF and includes one 3,000± SF unit and two 1,050± SF units, all with roll-up doors and varying office/bathroom layouts. The property can be acquired with a level of vacancy, allowing an owner-user the opportunity to occupy a portion of the space while benefiting from in-place income from existing tenants. Alternatively, investors can capitalize on the remaining vacancy to lease up the property and create additional value through stabilization. This multi-tenant flex asset presents a unique opportunity for both immediate functionality and long-term upside in a highly accessible Ocala corridor.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Total Stories1

General

Additional Parcels Y/NNo
Building Area Units0 sqft
CityOCALA
Construction MaterialsBlock
CoolingA/C - Office Only
CountyMarion
DirectionsFrom downtown Ocala, begin by heading north on NE 1st Ave. Continue straight and merge onto N Magnolia Ave for approximately 1.5 to 2 miles the property on your left-hand side.
Flood Zone CodeX500
Flood Zone Code X500Y
Legal DescriptionSEC 07 TWP 15 RGE 22 PLAT BOOK A PAGE 166 THE CENTRAL LAND CO S REVISED PLAT OF MARION HEIGHTS BLK 1 LOTS 4.5.6.7.8.9 EX S 23 FT OF E 150 FT EXC COM SE COR OF NE 1/4 TH N 00-16-20 E 1062.89 FT TH N 89-55-52 W 41.14 FT TO POB SAID PT BEING ON THE ARC OF A CIRCULAR CURVE CONCAVE SWLY TH N 89-55-52 W 2.55 FT TO A PT ON A CIRCULAR CURVE CONCAVE SWLY HAVING A RADIUS OF 729 FT AND A CENTRAL ANGLE OF 12-22-11 TH NWLY ALONG THE ARC OF SAID CURVE AN ARC DISTANCE 157.39 FT SUBTENDED BY A CHORD BEARING AND DISTANCE OF N 17-49-09 W 157.08 FT TO A PT ON THE N BDY LINE OF LOT 4 BLK 1 TH S 89-54-31 E 2.74 FT TO A PT ON W ROW LINE SAID PT BEING ON THE ARC OF A CIR- CULAR CURVE CONCAVE SWLY HAVING A RADIUS OF 731.50 FT AND A CENTRAL ANGLE OF 12-19-14 TH SEL
Living Area Units0 sqft
Lot Size Square Feet41,382 sqft
Lot Size UnitsSquare Feet
MLS Area34475 - Ocala
New ConstructionNo
OwnershipFee Simple
Property SubtypeBusiness
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Subdivision NameMARION HEIGHTS
Tax Annual Amount$11,460
Tax Lot4
Tax Year2025
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1985
ZoningB4

Exterior

Building Area Total10,985 sqft
Foundation DetailsSlab
Lot Size Acres0.95
Lot Size Area41,382 sqft
Number of Buildings3
Road Frontage TypeCity Street
Road Surface TypePaved
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

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$1,275,000

0 Beds 0 Baths 10,985 SQFT 0.95 Acres
Type: Commercial

1706 N MAGNOLIA AVENUE
OCALA, FL 34475

MLS#: OM721785
Kat Kitt
Kat Kitt
The Real Estate Advantage
Agent
Phone: 612.839.6927
Office: 952.401.8500