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818 N Magnolia Ave 11,795 SF 50% Leased Industrial Building Ocala, FL 34475 $1,300,000 ($110.22/SF)
Investment Highlights
- Multiple Large Bay Doors
- Easy major highway access and centrally located
- Two Buildings
- B5 Zoning
Executive Summary
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!
Property Facts
| Price | $1,300,000 | Lot Size | 0.99 AC |
| Price Per SF | $110.22 | Rentable Building Area | 11,795 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1947 |
| Property Subtype | Warehouse | Parking Ratio | 0.85/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | B5 | ||
| Price | $1,300,000 |
| Price Per SF | $110.22 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.99 AC |
| Rentable Building Area | 11,795 SF |
| No. Stories | 1 |
| Year Built | 1947 |
| Parking Ratio | 0.85/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | B5 |
Amenities
- Courtyard
Utilities
- Lighting - Fluorescent
- Water - City
- Sewer - City
1 1
Property Taxes
| Parcel Number | 25498-000-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $320,014 |
Property Taxes
Parcel Number
25498-000-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$320,014
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Map
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Presented by
Newgate Realty, Llc
818 N Magnolia Ave
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