Address530 Nw 1St Avenue, OCALA, FL, 34475
Price$2,900,000
- Commercial Sale
- Built in 1955
This property is a large industrial warehouse office with a fenced yard, located on 2.45 acres in downtown Ocala. It was formerly a lumber yard and offers various possibilities for redevelopment. However, it's important to note that any redevelopment plans would require rezoning of the property. The site holds potential for different uses, such as office space, multi-family housing, or apartment development. Rezoning would be necessary to accommodate these new purposes. Depending on the location and other factors, the property may also qualify for opportunity zone benefits and City of Ocala Credits, which can provide certain incentives for investment and development. In addition to the potential for redevelopment, the property is also available for lease starting January 2024, with a monthly rent of $5,500.
Essential Information
- MLS® #OM618742
- Price$2,900,000
- Bathrooms0.00
- Acres2.45
- Year Built1955
- TypeCommercial Sale
- Sub-TypeIndustrial
- StatusActive
Community Information
- Address530 Nw 1St Avenue
- AreaOcala
- SubdivisionDUNNS CENTRAL ADD
- CityOCALA
- CountyMarion
- StateFL
- Zip Code34475
Interior
- CoolingCentral Air
- # of Stories1
Exterior
- RoofMetal
- FoundationSlab
Additional Information
- Date ListedApril 20th, 2021
- Days on Market1099
- ZoningFBC
Listing Details
- OfficeBILL RODGERS REALTY
Lot Description
Corner Lot, Fire Hydrant, City Limits, Near Railroad Siding, Sidewalk
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than NV Realty Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.