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125 NE 1st Ave 17,000 SF 100% Leased Office Building Ocala, FL 34470 $4,200,000 ($247.06/SF)
EXECUTIVE SUMMARY
**** INCOME PRODUCING ***** - **** DOWNTOWN MIDTOWN ****
The 125 N in Midtown site is located in the heart of Downtown / Midtown Ocala Just off of Silver Springs Boulevard also known as State Road 40. This completely remodeled Historic building is home to three professional offices and within steps of the new redeveloped and revitalized downtown Ocala.
*****Renovated in 2022
*****Surface Parking AND a private parking Garage
*****Three credit tenants in place
*****Low maintenance
*****Walking Distance to ALL new Downtown and Midtown establishments
*****In the growth path of the City Reimagine Midtown future development plans.
Discover the vibrant appeal of Ocala, FL, where the property is nestled in a bustling commercial hub. Located in the heart of downtown, the area provides a prime investment opportunity for prospective Office / Office Building investors. With easy access to major highways and public transportation, the location offers convenience for tenants and clients alike. Nearby, the historic Ocala Downtown Square presents a charming selection of dining, entertainment, and cultural attractions. Additionally, the area is home to renowned medical facilities, educational institutions, and corporate offices, attracting a steady stream of professionals and visitors. Join the thriving business community in this dynamic and promising locale.
The 125 N in Midtown site is located in the heart of Downtown / Midtown Ocala Just off of Silver Springs Boulevard also known as State Road 40. This completely remodeled Historic building is home to three professional offices and within steps of the new redeveloped and revitalized downtown Ocala.
*****Renovated in 2022
*****Surface Parking AND a private parking Garage
*****Three credit tenants in place
*****Low maintenance
*****Walking Distance to ALL new Downtown and Midtown establishments
*****In the growth path of the City Reimagine Midtown future development plans.
Discover the vibrant appeal of Ocala, FL, where the property is nestled in a bustling commercial hub. Located in the heart of downtown, the area provides a prime investment opportunity for prospective Office / Office Building investors. With easy access to major highways and public transportation, the location offers convenience for tenants and clients alike. Nearby, the historic Ocala Downtown Square presents a charming selection of dining, entertainment, and cultural attractions. Additionally, the area is home to renowned medical facilities, educational institutions, and corporate offices, attracting a steady stream of professionals and visitors. Join the thriving business community in this dynamic and promising locale.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
17,000 SF
Building Class
B
Year Built/Renovated
1917/2022
Price
$4,200,000
Price Per SF
$247.06
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,500 SF
Building FAR
0.59
Lot Size
0.66 AC
Opportunity Zone
Yes
Zoning
FBC - Business
Parking
33 Spaces (1.94 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- -
- SSC Construction Company
- Construction
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | - | - | ||
| SSC Construction Company | Construction | - | - | - |
1 1
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 2823-063-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,598,332 |
PROPERTY TAXES
Parcel Number
2823-063-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,598,332
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125 NE 1st Ave
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