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514 S MAGNOLIA AVE, OCALA, FL, 34471

$ 1,800,000.00
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11 months, 1 week

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514 S MAGNOLIA AVE, OCALA, FL, 34471

bed -- Beds
bed -- Bath
bed 12197 Sq.Feet
bed -- Beds
bed -- Bath
bed 12197 Sq.Feet

$ 1,800,000.00

Calc
$444/mo
Est. Payment

Property description

PublicRemarks:-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.
Directions:- From U.S. Highway 441 Turn East on to SW 10th Street, Turn Left onto SE 5th Street, Turn Left onto Magnolia Avenue. Monkey Cage is on the Right

Property details

Cooling

Central Air

Living Area

5691 Square Feet

Constr. Materials

Block, Concrete

Total Area

5691 Square Feet

Original List Price

$1,800,000.00

Private Pool

No

Fire place

No

YearBuilt

1930

Flooring

Carpet, Terrazzo

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Property Price

Date Event Price Price/Sq Ft Source
20/02/2025 Active $1800000 316.29 MLS Grid

Property Tax

Year Taxes Land Additions Total Assessment
2019 $3,128 $40,900 + $80,900 = $121,800
2018 $3,128 $40,900 + $80,900 = $121,800
2017 $3,128 - + N/A = $121,800
2016 $3,128 $86,000 + $80,900 = $121,800
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