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Commercial - ALLREDS ADD for Rent

1120 N MAGNOLIA, OCALA, FL 34475

Asking Price$408,078

  • Days on market:

    33 day(s)
  • Original Price:

    $408,078
  • Tax Legal Description:

    SEC 07 TWP 15 RGE 22 PLAT BOOK A PAGE 074 ALLREDS ADD OCALA BLK K LOTS 2 & ALL OF FL CENTRAL LAND CO SUB OF LOT 1 & BLK P LOTS 3.4 LYING SLY OF THE SLY ROW LINE OF THE SEABOARD COASTLINE RR CO SPUR TRACK & THAT PORTION OF GRANT ST LYING BETWEEN THE N BNDY OF LOTS 1.2 BLK K & THE S BNDY OF LOTS 3.4 BLK P & SLY OF THE SLY ROW LINE OF THE SEABOARD COASTLINE RR CO SPUR TRACK & EXC RD ROW FOR N MAGNOLIA AVE ALL BEING MORE PARTICULARLY DESC: BEGIN AT THE SW COR OF LOT 2 BLK K TH N 289.20 FT TO THE INT ERSECTION WITH THE SLY ROW LINE OF THE SEABOARD COASTLINE RR CO SPUR TRACK PT BEING ON A CURVE CONCAVE SLY & A CENTRAL ANGEL OF 15-24-12 & A RADIUS OF 358.55 FT TH ELY ALONG THE ARC 96.39 FT (CHORD BEARING & DISTANCE OF N 83-01-53 E 96.10 FT) TO A
  • Tax Year:

    2023
  • Property Type:

    Commercial
  • Rental period:

    Annually
  • Parking:

    13 to 18 Spaces
  • Lease Term Remaining:

    3 to 5 Years
  • Construction Type:

    Metal Frame
  • Cooling Description:

    A/C - Office Only

Description

Available early summer 2025, this property boasts over 45,000 total sf of industrial warehouse space among several buildings. the 5.5 acre, m1 & b5 industrial zoned property is available to a single tenant needing manufacturing space. within the 5.5 acres is a 3.26 acre b5 zoned lay-down yard. landlord would consider a two tenant situation. four buildings total 45,345 of industrial space, office and retail area. three of the four buildings are sprinkled, the office/retails space is under air. please see photo diagram with square footage and building details. roof replacements in 2018. this property is ideal for a manufacturing end-user with long term growth needs. located in ocala, florida and ranked as the 4th fastest growing city in the us, with a populations of 409,959 and a net gain of 269 new residents each week. ocala was ranked as the #1 most affordable metro and has access to 4 of florida’s 6 major road arteries.

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