Price Reduction
Address
22 S Magnolia AVENUE, OCALA, FL
Price
$ 2,975,000
Property Attributes
  • MLS#OM672887
  • TypeCommercial
  • CountyMARION
  • CityOCALA
  • AreaOcala
  • NeighborhoodNonsub
  • Zip34471
  • StyleBusiness
  • Year Built1920
  • Taxes$ 8350
  • Price$ 2,975,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4530
  • Lot Size3,485 SqFt
Data Source:
Stellar MLS
Property Description

This is a rare opportunity to purchase a fabulous, Historical, renovated property on the Ocala Downtown Square. The gorgeous building and location are “one of a kind”. The building is located on the East side of the downtown square. Everything has been updated and beautifully decorated. Walk into this breathtaking retail establishment to find 26-foot ceilings. A mezzanine has been added for a portion of the building for additional square footage. Bathrooms both downstairs and on the mezzanine. There is a kitchenette upstairs that works well for staff and guests. Ample storage...plus a back entrance to the alley behind the building. While currently used as retail space, the possibilities are endless.

Price History
2/16/2024 Listed $3,000,000
4/8/2024 1% - $2,975,000

General Features

Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Electricity Available,Public,Sewer Nearby,Water Connected
Zoning FBC
Construction Materials Block,Brick,Concrete,Stucco
Year Built 1920
Property SubType Business
Tax Year 2023
Percent Ownership Corporation
County Marion
New Construction No
Property Type Commercial Sale
Subdivision Name NONSUB
Facing Direction East
Building Features Bathrooms,Extra Storage,Loft
Status Active
Directions From Downtown Ocala at the intersection of Hwy 441 and Hwy 40,head East on Silver Springs Blvd,and turn Right onto South Magnolia Avenue. The Property will be on the Right.
City OCALA
Buyer Agent Compensation 3%
MLS Area 34471 - Ocala
Lot Size Square Feet 3485
Waterfront Y/N No
Street Name Magnolia
Listing Terms Cash,Conventional
Tax Annual Amount 8350
Property Condition Completed
Public Remarks This is a rare opportunity to purchase a fabulous,Historical,renovated property on the Ocala Downtown Square. The gorgeous building and location are one of a kind. The building is located on the East
Virtual Tour https://www.youtube.com/watch?v=B525Kox23pc
Days on Market 49
Standard Status Active
Tax Lot 4
Legal Description SEC 18 TWP 15 RGE 22 PLAT BOOK E PAGE 001 OLD SURVEY OCALA BLK 45 COM 25 FT S NE COR LOT 4 S 29 FT W 126 FT N 29 FT E 126 FT TO POB

Interior Features

Flooring Concrete,Other
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix AVENUE
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Parking Features Curb Parking
Lot Features Central Business District,Fire Hydrant,City Lot,Sidewalk,Street Lights
Water Source Public
Lot Size Area 3485
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 4530
Lot Size Acres 0.08
Road Surface Type Paved,Asphalt
Lot Size Units Square Feet
Road Frontage Type Street Lights,Street Paved,Business District,City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 34471

Price
AVG $1.3M
$2.98M
Taxes
AVG $9,253
$8,350
Visits
AVG 112
151
Data Provided by Inside Real Estate®
Year Built
AVG 1973
1920

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