About 1706 N Magnolia Avenue
10,985± SF of flex retail/warehouse space offered across three buildings located on N Magnolia Ave in the heart of Ocala. This centrally located property provides quick and convenient access to US 441/301 and US 27, making it ideal for a wide range of commercial users seeking strong connectivity and visibility. Situated on approximately 0.95 acres and zoned B-4, the property allows for a broad mix of retail, service, and light industrial uses, offering excellent flexibility for both owner-users and investors. The site is comprised of three separate buildings with a variety of unit sizes and configurations, each combining office and warehouse components. Building 100 totals 2,805± SF and features approximately 900± SF of office/showroom space with the balance dedicated to warehouse, serviced by a grade-level roll-up door. Building 200 consists of 3,080± SF divided into three equal units, each with a small office, restroom, and primarily warehouse space, along with one grade-level roll-up door per unit. Building 300 spans 5,100± SF and includes one 3,000± SF unit and two 1,050± SF units, all with roll-up doors and varying office/bathroom layouts. The property can be acquired with a level of vacancy, allowing an owner-user the opportunity to occupy a portion of the space while benefiting from in-place income from existing tenants. Alternatively, investors can capitalize on the remaining vacancy to lease up the property and create additional value through stabilization. This multi-tenant flex asset presents a unique opportunity for both immediate functionality and long-term upside in a highly accessible Ocala corridor.
Features of 1706 N Magnolia Avenue
| MLS® # | OM721785 |
|---|---|
| Price | $1,275,000 |
| Square Footage | 10,985 |
| Acres | 0.95 |
| Year Built | 1985 |
| Type | Commercial Sale |
| Sub-Type | Business |
| Status | Active |
Listing Details
| Office | GUS GALLOWAY REALTY INC |
|---|
Listing Map
Neighborhood Information for 1706 N Magnolia Avenue
Low Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Vanguard High School Public - 9Th Grade to 12Th Grade - Closest High School |
1 Miles | |
|
|
Howard Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
Oakcrest Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
1 Miles | |
|
Wyomina Park Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Ambleside School Of Ocala Private - Kindergarten to 8Th Grade |
1 Miles | |
|
|
New Horizon Academy Private - Kindergarten to 12Th Grade |
1 Miles | |
|
Madison Street Academy Of Visual And Performing Arts Public - Kindergarten to 5Th Grade |
1 Miles |
School data provided by GreatSchools