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1412 N Magnolia Avenue

Ocala, FL 34475
  • $94,388
  • STATUS: Active
  • ON SITE: 103 Days
  • MLS #: OM667892
UPDATED: 28 min ago
$94,388
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,484
    SQFT
  • $7
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1941
County:
Area:

School Ratings & Info

Description

One or more photo(s) has been virtually staged. One, two or three tenant opportunity. Option one is to lease the restaurant, currently the home of iconic Magnolia Bakery, who will be retiring. Full kitchen and dining/seating area. Option two includes the donut shop with all equipment ready to run again as a donut or coffee shop and option three is the large warehouse that has central AC and heat, 20 ft ceiling and 2000 SF of office space above the warehouse. This property is also for sale at the reduced price of $1,495,900 and can be turned into a multi-tenant facility or lease the entire space and sub lease what you don't need. Lease purchase option available as well. Lease rate is below market rent. This facility is located in the North Magnolia District of Ocala, a new growth and redevelopment are for the City of Ocala. Essex Mortgage moved corporate headquarters across the street with 300 employees, bringing great traffic to the area. The current owner, Magnolia Bakery has been at this location for 48 years and is a well known location and has a built in audience. Limitless potential. The lot next door is owned by the City of Ocala and could be available to the new owners for expansion. Warehouse: 5524 SF, Office space above Warehouse: 200SF, Donut Shop 1800 SF, Kitchen 1984 SF, Dining/Restaurant Area: 2009 SF. (Measurements approximate, rent rate is based on 13,424 square ft).




© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-02-22T14:51:05.95.
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1412 N Magnolia Avenue Ocala, FL 34475

  • Price: $94,388
  • Status: Active
  • On Site: 103 Days
  • Updated: 28 min ago
  • MLS #: OM667892
0
Beds
0
Baths
0
½ Baths
0.7
Acres
13,484
SQFT
$7
$/SQFT
1941
Built
Neighborhood:
Ocala
County:
Marion
Area:
Ocala
Property Description
One or more photo(s) has been virtually staged. One, two or three tenant opportunity. Option one is to lease the restaurant, currently the home of iconic Magnolia Bakery, who will be retiring. Full kitchen and dining/seating area. Option two includes the donut shop with all equipment ready to run again as a donut or coffee shop and option three is the large warehouse that has central AC and heat, 20 ft ceiling and 2000 SF of office space above the warehouse. This property is also for sale at the reduced price of $1,495,900 and can be turned into a multi-tenant facility or lease the entire space and sub lease what you don't need. Lease purchase option available as well. Lease rate is below market rent. This facility is located in the North Magnolia District of Ocala, a new growth and redevelopment are for the City of Ocala. Essex Mortgage moved corporate headquarters across the street with 300 employees, bringing great traffic to the area. The current owner, Magnolia Bakery has been at this location for 48 years and is a well known location and has a built in audience. Limitless potential. The lot next door is owned by the City of Ocala and could be available to the new owners for expansion. Warehouse: 5524 SF, Office space above Warehouse: 200SF, Donut Shop 1800 SF, Kitchen 1984 SF, Dining/Restaurant Area: 2009 SF. (Measurements approximate, rent rate is based on 13,424 square ft).
Exterior Features

Construction Materials BlockConcreteStuccoTilt up Walls Foundation Details Slab Road Frontage Type City Street Road Surface Type Asphalt Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 13484 Ceiling Height 16 to 22 Feet Cooling Central Air Cooling YN Yes Freezer Space Yn Yes Levels Two

Property Features

Flood Zone Code x Lease Term 24 Months New Construction Yn No Property Sub Type Mixed Use Required Remarks One or more photo(s) has been virtually staged. Tax Annual Amount 5063.29 Total Annual Fees 0 Total Monthly Fees 0


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of BOYD REAL ESTATE LLC: 352-861-2248.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-02-22T14:51:05.95.
 
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