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2265 N Magnolia Ave 2,464 SF Retail Building Ocala, FL 34475 $295,000 ($119.72/SF)
Investment Highlights
- Fenced lay down yard with ample parking
- B4/B1 Zoning
- Small office/warehouse with living space in second story
Executive Summary
Turnkey property featuring a 1,536 SF masonry-constructed building with a
second-story 928 SF 2-bedroom/1-bathroom apartment, situated on 0.75 acres in
North Ocala's industrial corridor. Originally constructed in 1988, the building
includes a large open shop floor, workshop/service area with workbenches and
utility sink, front retail/reception area with service counter, and a covered drive-in
garage bay. The apartment above offers a full kitchen, walk-in shower, and
hardwood-style flooring, providing an owner-operator housing option or
supplemental rental income. The fenced perimeter provides security for
equipment and vehicles, while the paved parking area and open yard space offer
strong potential for a laydown yard, a practical advantage for contractors,
distributors, or service-based businesses in the surrounding industrial market.
There is also an established water channel that directs stormwater towards the
DRA at the back of the property.
second-story 928 SF 2-bedroom/1-bathroom apartment, situated on 0.75 acres in
North Ocala's industrial corridor. Originally constructed in 1988, the building
includes a large open shop floor, workshop/service area with workbenches and
utility sink, front retail/reception area with service counter, and a covered drive-in
garage bay. The apartment above offers a full kitchen, walk-in shower, and
hardwood-style flooring, providing an owner-operator housing option or
supplemental rental income. The fenced perimeter provides security for
equipment and vehicles, while the paved parking area and open yard space offer
strong potential for a laydown yard, a practical advantage for contractors,
distributors, or service-based businesses in the surrounding industrial market.
There is also an established water channel that directs stormwater towards the
DRA at the back of the property.
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Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,464 SF
Building Class
C
Year Built
1988
Price
$295,000
Price Per SF
$119.72
Tenancy
Single
Building Height
2 Stories
Building FAR
0.12
Lot Size
0.45 AC
Opportunity Zone
Yes
Zoning
B4
Parking
10 Spaces (4.06 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 25138-000-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $195,125 |
Property Taxes
Parcel Number
25138-000-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$195,125
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2265 N Magnolia Ave
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