1706 N Magnolia Avenue Ocala, FL 34475
Business
MLS #: OM721785
Courtesy Of Gus Galloway Realty, Inc.
Property InformationDescription
10,985± SF of flex retail/warehouse space offered across three buildings located on N Magnolia Ave in the heart of Ocala. This centrally located property provides quick and convenient access to US 441/301 and US 27, making it ideal for a wide range of commercial users seeking strong connectivity and visibility. Situated on approximately 0.95 acres and zoned B-4, the property allows for a broad mix of retail, service, and light industrial uses, offering excellent flexibility for both owner-users and investors.
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.
The property can be acquired with a level of vacancy, allowing an owner-user the opportunity to occupy a portion of the space while benefiting from in-place income from existing tenants. Alternatively, investors can capitalize on the remaining vacancy to lease up the property and create additional value through stabilization. This multi-tenant flex asset presents a unique opportunity for both immediate functionality and long-term upside in a highly accessible Ocala corridor.
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.
The property can be acquired with a level of vacancy, allowing an owner-user the opportunity to occupy a portion of the space while benefiting from in-place income from existing tenants. Alternatively, investors can capitalize on the remaining vacancy to lease up the property and create additional value through stabilization. This multi-tenant flex asset presents a unique opportunity for both immediate functionality and long-term upside in a highly accessible Ocala corridor.
Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Exterior Type: Block
- Legal Description: SEC 07 TWP 15 RGE 22 PLAT BOOK A PAGE 166 THE CENTRAL LAND CO S REVISED PLAT OF MARION HEIGHTS BLK 1 LOTS 4.5.6.7.8.9 EX S 23 FT OF E 150 FT EXC COM SE COR OF NE 1/4 TH N 00-16-20 E 1062.89 FT TH N 89-55-52 W 41.14 FT TO POB SAID PT BEING ON THE ARC OF A CIRCULAR CURVE CONCAVE SWLY TH N 89-55-52 W 2.55 FT TO A PT ON A CIRCULAR CURVE CONCAVE SWLY HAVING A RADIUS OF 729 FT AND A CENTRAL ANGLE OF 12-22-11 TH NWLY ALONG THE ARC OF SAID CURVE AN ARC DISTANCE 157.39 FT SUBTENDED BY A CHORD BEARING AND DISTANCE OF N 17-49-09 W 157.08 FT TO A PT ON THE N BDY LINE OF LOT 4 BLK 1 TH S 89-54-31 E 2.74 FT TO A PT ON W ROW LINE SAID PT BEING ON THE ARC OF A CIR- CULAR CURVE CONCAVE SWLY HAVING A RADIUS OF 731.50 FT AND A CENTRAL ANGLE OF 12-19-14 TH SEL
- MLSID: OM721785
MAP & DIRECTIONS
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