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731 N Magnolia Avenue

Ocala, FL 34475
  • $1,500,000
  • STATUS: Active
  • ON SITE: 92 Days
  • MLS #: 816487
UPDATED: 35 min ago
$1,500,000
  • 0
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1979
County:
Area:
28

School Ratings & Info

Description

A RARE BUSINESS OPPORTUNITY! Here is your chance to own and operate a Regional Semi-Truck and Trailer parts Distribution Company. Located in Ocala, MSA (Metropolitan Statistical Areas) ranked the 24th highest in all U.S. Metro areas. Ocala has a population of 385,915 and growing by 2.3% annually! This Family Owned and Operated Business was established in 1983 and experienced a recent trending growth in sales of 9.8% annually. With strong market penetration, both local and national client loyalty, and long history of operations provides a prime opportunity for growth and longevity of investment returns. REAL ESTATE OPPORTUNITY! Included in the sale of the business is the real property located at 731 Magnolia Avenue. This is an incredible location inside the Downtown Ocala North Magnolia Business District which borders the Ocala Diamond Railroad Crossing and Tuscawilla Art Park just few blocks from the Downtown Square, 1 mile from US 301 and 3.6 Miles East of Interstate 75. Improvements include a freestanding 8,388 SF Class C Warehouse/Distribution/Showroom, A concrete block structure, built in 1972 with recent improvements including a new roof in September, 2021. The building is divided is into 6,962 sf warehouse/distribution area, 1,426 sf retail/showroom under HVAC, and a warehouse area with 14 clear ceiling heights, two Phase Electrical Service, 11 (10x12) grade level roll up doors, racks and shelving in warehouse area and large fenced laydown yard on .84 acres (213x183 lot). The subject property zoning is M1-Light Industrial which permits the buildings use for manufacturing and fabrication of small products.

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© 2022 Citrus County Association of Realtors. All rights reserved. Based on information from the Contra Costa Association of REALTORS® MLS as of 2022-12-09T13:54:54.747. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
www.plantationrealtylistings.com/homes/132867907
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731 N Magnolia Avenue Ocala, FL 34475

  • Price: $1,500,000
  • Status: Active
  • On Site: 92 Days
  • Updated: 35 min ago
  • MLS #: 816487
0
Beds
0
Baths
0
½ Baths
0.84
Acres
1979
Built
Neighborhood:
Not On List
County:
Marion
Area:
28
Property Description
A RARE BUSINESS OPPORTUNITY! Here is your chance to own and operate a Regional Semi-Truck and Trailer parts Distribution Company. Located in Ocala, MSA (Metropolitan Statistical Areas) ranked the 24th highest in all U.S. Metro areas. Ocala has a population of 385,915 and growing by 2.3% annually! This Family Owned and Operated Business was established in 1983 and experienced a recent trending growth in sales of 9.8% annually. With strong market penetration, both local and national client loyalty, and long history of operations provides a prime opportunity for growth and longevity of investment returns. REAL ESTATE OPPORTUNITY! Included in the sale of the business is the real property located at 731 Magnolia Avenue. This is an incredible location inside the Downtown Ocala North Magnolia Business District which borders the Ocala Diamond Railroad Crossing and Tuscawilla Art Park just few blocks from the Downtown Square, 1 mile from US 301 and 3.6 Miles East of Interstate 75. Improvements include a freestanding 8,388 SF Class C Warehouse/Distribution/Showroom, A concrete block structure, built in 1972 with recent improvements including a new roof in September, 2021. The building is divided is into 6,962 sf warehouse/distribution area, 1,426 sf retail/showroom under HVAC, and a warehouse area with 14 clear ceiling heights, two Phase Electrical Service, 11 (10x12) grade level roll up doors, racks and shelving in warehouse area and large fenced laydown yard on .84 acres (213x183 lot). The subject property zoning is M1-Light Industrial which permits the buildings use for manufacturing and fabrication of small products.
Exterior Features

Construction Materials Stucco Foundation Details Block Lot Features Flat Lot Size Dimensions 229X165 Lot Size Square Feet 36466 Parking Features PavedParkingpadParkingspaces Parking Total 25 Road Surface Type Paved Roof Metal Waterfront YN No

Interior Features

Building Area Total 8388 Cooling Centralair Cooling YN Yes Flooring Concrete Heating CentralElectric Heating YN Yes Interior Features Highceilings Levels One

Property Features

Association YN No Building Features Overheaddoors Building Name Big Trucks Ocala Current Use Industrial Electric Item110VoltsItem220Volts Lease Considered YN False Listing Terms CashConventional Possession Closing Property Sub Type Warehouse Sewer Publicsewer Special Listing Conditions Standard Tax Annual Amount 5200 Tax Year 2021 Water Source Public Zoning M1

Listing information © 2022 Citrus County Association of Realtors
Listing provided courtesy of Elias G Kirallah of Century 21 J.W.Morton R.E.: (352) 726-6668



© 2022 Citrus County Association of Realtors. All rights reserved. Based on information from the Contra Costa Association of REALTORS® MLS as of 2022-12-09T13:54:54.747. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
 
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