Commercial Building in Business
For Sale
$399,000
Pending
1535 N MAGNOLIA AVENUE, Ocala, FL 34475
Commercial building near downtown Ocala with income potential.
Property Size5,148 SF
Lot Size0.38 Acres
Days on Market536
Property Features for 1535 N MAGNOLIA AVENUE
General Information
Standard status
Pending
Size
5,148 SF
Lot size
0.38 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1945
Listing Agency:
HOMERUN REALTY
(352) 342-2950
Listed By:
Haydee Ruiz · License #3047472
(352) 342-2950
Source:
Exitrealty
Added: Feb 11, 2025
Changed: Jul 6
Last Checked: Aug 1 at 9:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOMERUN REALTY
Investment Insights
Based on property information with market context.
This commercial building is located in the business district near downtown Ocala, on Magnolia Avenue. The property offers flexibility for either single-tenant occupancy or dual-tenant use, allowing an owner to occupy one side and lease the other for additional income. The building is equipped with two separate addresses and electric meters to support this dual-tenant configuration. Currently, one side of the building is operating as an auto repair shop. The building features a kitchen and two bathrooms. Access is facilitated by three bay doors. A portion of the building is air-conditioned. The total property size is 5148 square feet under roof.
Key Highlights
- Prime location on Magnolia Ave in the business district near downtown Ocala.
- Dual income potential: building can be used for one business or leased for additional income.
- Two separate addresses and electric meters for flexible usage.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,236
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34475, FL
14,780
Population
5,668
Households
2.6
Avg Household Size
38
Median Age
13%
College-Educated
84%
High-School Grad
27.8 sq mi
ZIP Area
532
Density / Sq Mi
$33,515
Median Household Income
$24,854
Median Earnings
$871
Median Rent
$170,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- ABC Body Shop — 825 N Magnolia Ave, Ocala, FL 34475
- Danny's Professional Auto Body — 507 n magnolia ave, ocala, fl 34475
- Brick City Transmission — 726 N Magnolia Ave, Ocala, FL 34475
- Mullins Automotive & Truck Service Center — 726 N Magnolia Ave, Ocala, FL 34475
- TLC Machine Shop — 603 N Magnolia Ave, Ocala, FL 34470
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial building near downtown Ocala with income potential.
Where is this auto shop located?
The property is located at 1535 N MAGNOLIA AVENUE Ocala, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Prime location on Magnolia Ave in the business district near downtown Ocala.; Dual income potential: building can be used for one business or leased for additional income.; Two separate addresses and electric meters for flexible usage.
