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Historic Three-Story Mixed-Use Building
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20 South Magnolia, Ocala, FL 34470

Historic building with completed exterior work and approved ground-floor retail or service use.

Property SizeContact for details
Days on Market142

Property Features for 20 South Magnolia

General Information

Standard status Active
Property subtype Special Purpose

Building Details

Buildings 1
Stories 3
Listing Agency: The Boyd Group
Listed By: Angie Lester · License #FL
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 4:26PM

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 The Boyd Group

Investment Insights

Based on property information with market context.

This historic three-story mixed-use building at 20 South Magnolia overlooks Ocala's Downtown Square and is positioned across from the new Hilton Garden Inn. The exterior and facade are complete, while the interior remains unfinished for project completion and buildout.

Approved plans provide for a retail or service-oriented use on the ground floor, along with four executive condominiums across the second and third floors. The property is located within downtown Ocala and aligns with the City's Downtown Master Plan and the Zimmerman Residential Study.

Key Highlights

  • Historic three‑story building overlooking Ocala's Downtown Square
  • Exterior and facade work completed; interior remains unfinished
  • Approved ground‑floor retail or service use

Property Analytics

Current Use

Retail space

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

2,236
Businesses Nearby

Demographics for 34470, FL

20,483
Population
10,121
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
13.4 sq mi
ZIP Area
1,529
Density / Sq Mi
$49,592
Median Household Income
$36,957
Median Earnings
$1,124
Median Rent
$171,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic building with completed exterior work and approved ground-floor retail or service use.
Where is this mixed-use property located?
The property is located at 20 South Magnolia Ocala, FL.
What are key features of this property?
This property features: Historic three‑story building overlooking Ocala's Downtown Square; Exterior and facade work completed; interior remains unfinished; Approved ground‑floor retail or service use
(352) 817-0600 Call to check price and availability
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