818 N Magnolia Ave - Warehouse FOR SALE


Ocala, FL 34475- Downtown Ocala
$1,300,000 USD
616-889-7145
818 N Magnolia Ave, Ocala, FL for Sale
$1,300,000 USD
Warehouse - FOR SALE
1/53
null | Request Cap Rate

818 N Magnolia Ave
Ocala, FL 34475
Downtown Ocala


HIGHLIGHTS

  • Multiple Large Bay Doors
  • Two Buildings
  • Easy major highway access and centrally located
  • B5 Zoning

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

UTILITIES

Lighting - Fluorescent, Water - City, Sewer - City

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.99

LAND SF

43,124

ZONING

B5

APN/PARCEL ID

25498-000-00

ASK ABOUT THIS PROPERTY

Hanna PieriNewgate Realty, LlcMore Info
616-889-7145

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Hanna PieriNewgate Realty, LlcMore Info
616-889-7145

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.