OCALA, FL 34475 818 NORTH MAGNOLIA AVE
$1,200,000



39 more







































Presented By: NEWGATE REALTY, LLC with 859-621-0829. - 859-621-0829
Home Details
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!
Presented By: NEWGATE REALTY, LLC with 859-621-0829. - 859-621-0829
Interior Features for 818 NORTH MAGNOLIA AVE
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringConcrete, Epoxy
General for 818 NORTH MAGNOLIA AVE
Additional Parcels Description25497-000-00, 25499-000-00, 25500-000-00
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
Building FeaturesBathrooms
CityOCALA
Construction MaterialsStucco
CoolingA/C - Office Only, Other
CountyMarion
DirectionsHead East on HWY 27 from I75.
Turn right onto North Magnolia Ave.
The property will be on your right.
Facing DirectionEast
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionSEC 07 TWP 15 RGE 22
COM 490 1/2 FT N & 40 FT W FROM THE SE COR OF SEC 7 FOR THE POB
TH W 219 FT TH N 50 FT TH E 219 FT TH S 50 FT TO THE POB &
COM 422 1/2 FT N & 40 FT W FROM THE SE COR OF SEC 7 FOR THE POB
TH W 100 FT TH N 68 FT TH E 100 FT TH S 68 FT TO THE POB
EXC COM AT THE SE COR TH N 00-16-38 E 422.50 FT TH S 89-59-32 W
40 FT TO THE POB TH CONT S 89-59-32 W 19 FT TH N 00-16-38 E
118 FT TH N 89-59-32 E 19 FT TH S 00-16-38 W 118 FT TO THE
POB
Listing TermsCash, Conventional, Lease Back
Living Area UnitsSquare Feet
Lot Size Square Feet43124
Lot Size UnitsSquare Feet
MLS Area34475 - Ocala
New ConstructionNo
OwnershipSole Proprietor
Property ConditionCompleted
Property SubtypeWarehouse
Property TypeCommercial Sale
Security FeaturesSecurity System
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount9613.93
Tax LotNA
Tax Year2025
UtilitiesPublic
Water Access Y/NNo
Water View Y/NNo
Year Built1947
ZoningB5
Exterior for 818 NORTH MAGNOLIA AVE
Building Area Total11795
Foundation DetailsSlab
Lot Size Acres0.99
Lot Size Area43124
Number of Buildings2
Number of Lots4
Number of Separate Electric Meters2
Number of Separate Water Meters2
Road Frontage TypeBusiness District, City Street
Road ResponsibilityPublic Maintained Road
Road Surface TypeAsphalt, Paved
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Catherine Melrose Sewell
Realtor®
SQFT • 11,795