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1706 N Magnolia Ave 10,985 SF 5% Leased Retail Building Ocala, FL 34475 $1,275,000 ($116.07/SF)
Investment Highlights
- Grade-level roll-up doors for efficient loading and operations
- Centrally located with excellent access to US 441/301 and US 27
- Zoned B-4, allowing a broad mix of retail, service, and light industrial uses
Executive Summary
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.
Current NOI of $57,760.70 with the potential fully leased NOI of +/- $107,000 with approx. 5,000 SF vacant spread across 3 Units.
This multi-tenant flex asset presents a unique opportunity for both immediate functionality and long-term upside in a highly accessible Ocala corridor.
Property Facts
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Wheelchair Accessible
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- affordable glass mirror and screen llc
- -
- -
- -
- -
- Alan Lindsey Roofing Inc
- Construction
- -
- -
- -
- Art in Motion and Perfor4mance and Fabrication, LL
- -
- -
- -
- -
- Next Bid Auction
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| affordable glass mirror and screen llc | - | - | - | - | ||
| Alan Lindsey Roofing Inc | Construction | - | - | - | ||
| Art in Motion and Perfor4mance and Fabrication, LL | - | - | - | - | ||
| Next Bid Auction | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Excellent opportunity to lease a well-located flex warehouse space on N Magnolia Ave. The unit features approximately 2,805± SF, including 900± SF of office/showroom space and 1,900± SF of warehouse. The office component offers a functional layout suitable for showroom, administrative, or customer-facing operations, while the warehouse provides ample space for storage, light industrial use, or distribution. The warehouse is serviced by one grade-level bay door, allowing for efficient loading and deliveries. Zoned B-4 (General Business), the property allows for a wide range of commercial uses including retail, service, automotive-related, and contractor-based operations. The property benefits from strong visibility, convenient access to major roadways, and proximity to downtown Ocala and key commercial corridors, making it ideal for a variety of business users.
Now available, Unit 201 offers approximately 1,020± SF of functional flex space in a well-located commercial corridor along N Magnolia Ave. This unit is ideally suited for small businesses seeking a combination of warehouse and service-oriented space. The unit is serviced by one grade-level 12' x 12' bay door, providing convenient access for loading, storage, or light industrial operations. The layout is efficient and adaptable for a variety of users including contractors, service providers, and small distribution operations. Zoned B-4 (General Business), the property allows for a wide range of commercial uses including retail, service, automotive-related, and contractor-based businesses. With strong visibility, easy access to downtown Ocala, and proximity to major thoroughfares, Unit 201 offers an excellent opportunity for businesses looking for a centrally located, functional space.
Now available, Unit 301 offers approximately 1,150± SF of functional flex space in a well-located commercial corridor along N Magnolia Ave. This unit is ideally suited for small businesses seeking a combination of warehouse and service-oriented space. The unit is serviced by one grade-level 12' x 12' bay door, providing convenient access for loading, storage, or light industrial operations. The layout is efficient and adaptable for a variety of users including contractors, service providers, and small distribution operations. Zoned B-4 (General Business), the property allows for a wide range of commercial uses including retail, service, automotive-related, and contractor-based businesses. With strong visibility, easy access to downtown Ocala, and proximity to major thoroughfares, Unit 201 offers an excellent opportunity for businesses looking for a centrally located, functional space.
| Space | Size | Space Use | Position | Available |
| 101 | 2,805 SF | Retail | - | Now |
| 201 | 1,020-1,050 SF | Retail | - | Now |
| 301 | 1,150 SF | Retail | - | Now |
101
| Size |
| 2,805 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
201
| Size |
| 1,020-1,050 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
301
| Size |
| 1,150 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
101
| Size | 2,805 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Excellent opportunity to lease a well-located flex warehouse space on N Magnolia Ave. The unit features approximately 2,805± SF, including 900± SF of office/showroom space and 1,900± SF of warehouse. The office component offers a functional layout suitable for showroom, administrative, or customer-facing operations, while the warehouse provides ample space for storage, light industrial use, or distribution. The warehouse is serviced by one grade-level bay door, allowing for efficient loading and deliveries. Zoned B-4 (General Business), the property allows for a wide range of commercial uses including retail, service, automotive-related, and contractor-based operations. The property benefits from strong visibility, convenient access to major roadways, and proximity to downtown Ocala and key commercial corridors, making it ideal for a variety of business users.
201
| Size | 1,020-1,050 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Now available, Unit 201 offers approximately 1,020± SF of functional flex space in a well-located commercial corridor along N Magnolia Ave. This unit is ideally suited for small businesses seeking a combination of warehouse and service-oriented space. The unit is serviced by one grade-level 12' x 12' bay door, providing convenient access for loading, storage, or light industrial operations. The layout is efficient and adaptable for a variety of users including contractors, service providers, and small distribution operations. Zoned B-4 (General Business), the property allows for a wide range of commercial uses including retail, service, automotive-related, and contractor-based businesses. With strong visibility, easy access to downtown Ocala, and proximity to major thoroughfares, Unit 201 offers an excellent opportunity for businesses looking for a centrally located, functional space.
301
| Size | 1,150 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Now available, Unit 301 offers approximately 1,150± SF of functional flex space in a well-located commercial corridor along N Magnolia Ave. This unit is ideally suited for small businesses seeking a combination of warehouse and service-oriented space. The unit is serviced by one grade-level 12' x 12' bay door, providing convenient access for loading, storage, or light industrial operations. The layout is efficient and adaptable for a variety of users including contractors, service providers, and small distribution operations. Zoned B-4 (General Business), the property allows for a wide range of commercial uses including retail, service, automotive-related, and contractor-based businesses. With strong visibility, easy access to downtown Ocala, and proximity to major thoroughfares, Unit 201 offers an excellent opportunity for businesses looking for a centrally located, functional space.
Nearby Major Retailers
Property Taxes
| Parcel Number | 25792-000-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $501,826 |
Property Taxes
Presented by
1706 N Magnolia Ave
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