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Downtown Office Suites
For Lease
$600-$1,200/Mo per office

40 SW 1ST Street, Ocala, FL 34471

COMMERCIAL - OCALA, FL

Space Size117 SF - 450 SF
Lot Size0.44 Acres
Days on Market364

Property Features for 40 SW 1ST Street

General Information

Property type Commercial Lease
Property subtype Office
Directions If you are driving east on Hwy 40, turn right on to SW 1st and the building will be on your right in 1/8 mile.
Subdivision 34471 - Ocala
Standard status Active
APN 2853-035-001
Lot size 0.44 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description SEC 18 TWP 15 RGE 22 PLAT BOOK E PAGE 001 OLD SURVEY OCALA BLK 35 N 1/2 EXC W 28 FT
Tax Annual Amount 14665
Legal Description SEC 18 TWP 15 RGE 22 PLAT BOOK E PAGE 001 OLD SURVEY OCALA BLK 35 N 1/2 EXC W 28 FT

Utilities

Cooling system Central Air

Amenities

shared conference room
kitchen
bathrooms
Ocala Fiber High Speed Internet

Building Details

Year built 1920
Building materials Block
Listing Agency: GUS GALLOWAY REALTY INC
Listed By: Forrest Opitz · License #3587467
Added: Aug 9, 2025 Changed: Aug 4 Last Checked: Aug 7 at 5:06AM
MLS# OM707263

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.

Updated office suites are available in a multi-tenant building in downtown Ocala. Suites are offered in multiple sizes, with offices ranging from 117 to 450 square feet, and pricing varies by office size.

The space includes shared amenities such as a conference room, kitchen, and bathrooms. Ocala Fiber high-speed internet and all utilities are included with the office offering.

Leases require a minimum 13-month term, with month-to-month availability after the initial 13 months. The property is located at 40 SW 1ST Street in Ocala, FL 34471.

Key Highlights

  • Prime downtown Ocala location.
  • All utilities and Ocala Fiber High‑Speed Internet included.
  • Flexible lease terms: minimum 13 months, then month‑to‑month.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Butcher Carpet & Flooring Store Tanning Salon Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$7.02 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

316
Businesses Nearby

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

Market

Lease Benchmarks for Ocala, FL

$59.21 /SF/Yr
Avg Asking Price
$0.73–$248 /SF/Yr
Price Range
10,103 SF
Avg Space Size

This space is priced 21% below the average of $59.21 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Updated multi-tenant office suites with shared conference room, kitchen, and bathrooms; all utilities included.
Where is this office units located?
The property is located at 40 SW 1ST Street Ocala, FL.
What is the lease rate?
The lease rate is $600/Mo per office.
What are key features of this property?
This property features: Prime downtown Ocala location.; All utilities and Ocala Fiber High‑Speed Internet included.; Flexible lease terms: minimum 13 months, then month‑to‑month.
More about this property
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