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514 S Magnolia Ave
For Sale $1,800,000 ($316.29 per Sq Ft)
$1,800,000 ($316.29 per Sq Ft)
- Units
- 5,691 Sq Ft
- 12,197 Sq Ft
- Unknown Cap Rate
Description
LOCATION LOCATION LOCATION!!! The Monkey has grown out of it's cage and needs to find a bigger space! Don't miss out on this incredible opportunity to own a 5691 square foot commercial building in the heart of downtown Ocala! This strategically located property is steps away from the bustling downtown square, across from a planned high-end multi-family development, a block away from the busy and popular Downtown Market, and close to the courthouse, restaurants, and the main post office. If you are looking for a location that will grow your business with exposure strategically placed to capture all of Marion County, THIS IS IT! If you are looking for an investment property that will grow your real estate portfolio, gain equity, and will be easily leased, THIS IS IT!
The building features 1800 square feet currently separated out with its own access door, making it perfect for rental income or owner-occupied space. The sellers are motivated to sell as they are looking to expand into a larger space, making this a great investment opportunity for any business looking for maximum exposure and convenience.
With its dynamic location and proximity to a thriving downtown and U.S. Highway 441, this commercial building is perfect for a wide range of businesses looking to capitalize on a diverse and active customer base. Don't miss out on the chance to be a part of Ocala's vibrant downtown community! *The Monkey Cage outgrew their space for a reason, now it's your turn!
*Monkey Cage is NOT closing, they are moving locations.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,800,000 |
| Property Type | Flex Space |
| Usable Sqft | 5,691 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1930 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2852017003 |
| MLS # | OM684614 |
| Property ID | 300446510 |
| Lot Sqft | 12,197 |
| Zoning | Unknown |
| Days on Market | 484 |
| Original List Price | $1,800,000 |
| Date Updated | August 23, 2024 |
| Date Created | August 23, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Jamie Blankenship an agent of . Lic #3015400
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of August 23, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT