$925,000
Active
18 Days Online
0 Beds0 Baths8,388 SQFT
Active

731 N Magnolia Avenue Ocala, FL 34475

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PRIME INDUSTRIAL/AUTOMOTIVE CENTER IN DOWNTOWN OCALA BUSINESS DISTRICT. This mixed-use showroom/warehouse, built of masonry concrete block, offers 8, 388 SF (1, 426 SF retail showroom, 6, 962 SF warehouse/shop space). Recent improvements include a new roof (September 2021), Two and 3 Phase 240V Electric Supply, 11 (10’x12’) manual grade-level roll-up doors, racks, shelving, and a spacious fenced laydown yard on .84 acres. Zoned M1-Light Industrial, facilitating manufacturing. Nestled in Downtown Ocala North Magnolia Business District, it's near key landmarks like Ocala Diamond Railroad Crossing and Tuscawilla Art Park, a few blocks from Downtown Square, 1 mile from US 301, and 3.6 miles from Interstate 75. Ocala Metro anticipates reaching 400, 000 population by 2024 and 500, 000 by 2040, ranking 142nd largest MSA in the US. Boasting a diverse economy, it attracts businesses with its Central Florida location, skilled workforce, and affordable living costs. Serving as the regional employment hub, it draws from a three-county workforce of over 202, 000 and a broader 6-county region with over one million residents. Located in Marion County, part of Ocala MSA, the 56th most populated city in Florida with 375, 000 people and expected to exceed 600, 000 by 2050. Thriving in healthcare, manufacturing, logistics, distribution, biotech, research, and equestrian sports. Notable expansions include over $500 million in healthcare projects and major companies like Amazon, Chewy, FedEx, Lockheed Martin, E-One, AT&T, Walmart, Publix, Cardinal LG, and Pella Windows headquartered in Ocala, contributing to its economic strength and employment base.

  • Property TypeCommercial
  • NeighborhoodNot On List
  • CountyMarion
  • Taxes$5,200
  • HOA/Condo/Coop Fees$0
  • Days on Site18 Days
  • MLS StatusActive
  • MLS ID Number833458
  • Home Size Source Public Records
  • Year Built1979
  • Lot Size0.84 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Stucco
  • Building Features Overhead Doors
  • Parking PavedParking PadParking Spaces
  • Parking Spaces 6
  • Sewer Public Sewer
  • Electric 220 Volts
  • Number of Stories 111
  • Acreage 0.84
  • Water Public
  • Cross Street NE 1st Ave
  • Property Sub Type Warehouse
  • Foundation Block
  • Zoning M1
  • Listing Conditions Standard
  • Direction Faces South

Interior Features

  • Cooling Central Air
  • Heating CentralElectric
  • Flooring Concrete
  • Interior High Ceilings

Exterior Features

  • Roof Metal
  • Waterfront Property No
  • Lot FlatTrees

Community Features

  • MLS Area 28
  • Building Features Overhead Doors

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Monthly Payment (Est.)

$4,893
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