Retail Space with Dedicated
For Lease
$18 SF/Yr
304 S MAGNOLIA Avenue, Ocala, FL 34471
Commercial Lease, OCALA, FL
Space Size6,110 SF
Lot Size0.30 Acres
Days on Market193
Property Features for 304 S MAGNOLIA Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Directions
From Downtown Ocala head South on S Magnolia Ave, property is on the right.
Subdivision
34471 - Ocala
Standard status
Active
APN
2853-049-001
Size
6,110 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SEC 18 TWP 15 RGE 22 PLAT BOOK E PAGE 001 OLD SURVEY OCALA LOT 1 BLK 49
Tax Annual Amount
10545
Legal Description
SEC 18 TWP 15 RGE 22 PLAT BOOK E PAGE 001 OLD SURVEY OCALA LOT 1 BLK 49
Utilities
Cooling system
Central Air
Building Details
Year built
1924
Floors in Building
1
Building materials
Brick
Listing Agency:
GUS GALLOWAY REALTY INC
(352) 622-8127
Listed By:
Nolan Galloway, III · License #BK3057213
(352) 572-9109
Added: Mar 6
Changed: Aug 19
Last Checked: Sep 15 at 2:06AM
MLS# OM720256
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail property includes approximately 6,110 square feet of commercial space on approximately 0.60 total acres. The brick main building occupies approximately 0.30 acres and is served by central air. An additional approximately 0.30-acre vacant, unpaved parking lot is included, providing dedicated on-site parking for the property.
The building fronts S Magnolia Ave and SW 3rd Street, while the parking lot fronts SW 3rd Street and SW 1st Avenue. Located near Downtown Ocala, the property is zoned FBC (Form-Based Code), supporting commercial, office, retail, and service uses. The configuration may accommodate professional office, medical, showroom, or service-oriented operations, subject to applicable requirements.
The building fronts S Magnolia Ave and SW 3rd Street, while the parking lot fronts SW 3rd Street and SW 1st Avenue. Located near Downtown Ocala, the property is zoned FBC (Form-Based Code), supporting commercial, office, retail, and service uses. The configuration may accommodate professional office, medical, showroom, or service-oriented operations, subject to applicable requirements.
Key Highlights
- Approximately 6,110 square feet of commercial space on approximately 0.60 total acres
- Approximately 0.30‑acre vacant, unpaved parking lot included
- Frontage along S Magnolia Ave and SW 3rd Street
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,708
Businesses Nearby
Explore this area
Business Placement
Demographics for 34471, FL
27,632
Population
12,071
Households
2.3
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
19.8 sq mi
ZIP Area
1,396
Density / Sq Mi
$60,283
Median Household Income
$37,565
Median Earnings
$1,225
Median Rent
$292,200
Median Home Value
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Market
Lease Benchmarks for Ocala, FL
$41.53 /SF/Yr
Avg Asking Price
$3.27–$166 /SF/Yr
Price Range
6,025 SF
Avg Space Size
This space is priced 57% below the average of $41.53 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Brick commercial property with central air, flexible FBC zoning, and access from multiple streets near Downtown Ocala.
Where is this retail space located?
The property is located at 304 S MAGNOLIA Avenue Ocala, FL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Approximately 6,110 square feet of commercial space on approximately 0.60 total acres; Approximately 0.30‑acre vacant, unpaved parking lot included; Frontage along S Magnolia Ave and SW 3rd Street
