514 South Magnolia Avenue
$1,800,000
—
5,691
5,691
$316
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...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.
- Listed by Jamie Blankenship • INVICTUS REAL ESTATE LLC
Property Details for 514 South Magnolia Avenue
Township
15S
WaterfrontNo
LISTING UPDATED: 08/24/2024 01:00 AM
Property Details for 514 South Magnolia Avenue
Status | Active |
---|---|
MLS # | OM684614 |
Days on Market | 116 |
Taxes | $9,297 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale / Mixed Use |
Year Built | 1930 |
Lot Size | 0.28 AC / 12,197 SF |
County | Marion County |
Building Information for 514 South Magnolia Avenue
Stories1Residences-Year Built1930Lot Size0.28 AC / 12,197 SF
Property Information for 514 South Magnolia Avenue
Property History for 514 South Magnolia Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 514 South Magnolia Avenue
Taxable ValueLand$73,182Additions$375,701Total$448,883
Tax Record2023$9,297 ($775 / month)
Home Facts
Baths2Total Finished SqFt5,497 SqFtAbove Grade Finished SqFt5,497 SqFtStories1Lot Size12,197 SqFtStyleMiscellaneous CommercialYear Built1930Year Renovated2007ZoningFBCCountyMARIONAPN2852-017-003
Schools near 514 South Magnolia Avenue
This home is within Marion.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Eighth Street Elementary School PublicPK to 5 | ||
Osceola Middle School Public6 to 8 | ||
Forest High School Public9 to 12 | ||
Pace Center For Girls, Inc. Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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