Two-Property Motel
215 South Pine Avenue Ocala, FL 34471
215 South Pine Avenue, Ocala, FL, 34471
Contact for pricing
For Sale
Contact for pricing
Two operating motel properties are offered together as a portfolio with ongoing improvements and multiple ownership paths.
Property Size12,888 SF
Price / SF$199.80
Days on Market43
Property Features for 215 South Pine Avenue
General Information
- Standard status
- Active
- Size
- 12,888 SF
- Property subtype
- Hospitality, Business for Sale
Building Details
- Year Built
- 1958
Listing agency
Invictus Real Estate
(352) 619-4466
Listed by
Nate Simmons · License #SL3605978
Source
Crexi
Added: Jun 9 Updated: Jul 21 at 5:17AM Checked: Jul 21 at 5:17AM
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 Invictus Real Estate
Investment Insights
Based on property information with market context.
The Shamrock Inn and Ocala Cove Motel are being offered together as a two-property motel portfolio with existing operations. The portfolio has benefited from select improvements and ongoing ownership attention, providing a foundation for continued motel operations.
The offering is structured to give a new owner flexibility in how to proceed. A buyer could continue operating the properties as affordable lodging, reposition them over time, and explore other lodging-focused approaches such as extended-stay or workforce housing strategies. Alternatively, the sites may be evaluated for future redevelopment, subject to zoning, site planning, market demand, and municipal approvals, which buyers should verify with appropriate local authorities.
Offered as a package, the properties provide scale and existing income, along with optionality for investors interested in operating a motel business, implementing additional capital improvements and refreshed branding, improving management, or pursuing a longer-term redevelopment plan.
The offering is structured to give a new owner flexibility in how to proceed. A buyer could continue operating the properties as affordable lodging, reposition them over time, and explore other lodging-focused approaches such as extended-stay or workforce housing strategies. Alternatively, the sites may be evaluated for future redevelopment, subject to zoning, site planning, market demand, and municipal approvals, which buyers should verify with appropriate local authorities.
Offered as a package, the properties provide scale and existing income, along with optionality for investors interested in operating a motel business, implementing additional capital improvements and refreshed branding, improving management, or pursuing a longer-term redevelopment plan.
Key Highlights
- Portfolio includes The Shamrock Inn and Ocala Cove Motel offered together as two operating motel properties
- Year built: 1958
- Properties are currently operating and offered with existing operations in place
Property Analytics
Location Intelligence
Current Use by Public Records
Shamrock Cove Inn
Hotel & Motel
Similar For Sale Nearby
Similar Off Market Nearby
- Comfort Inn Ocala Silver Springs — 1212 S Pine Ave, Ocala, FL 34474
- Town Plaza Motel — 1110 S Pine Ave, Ocala, FL 34471
- Star Motel — 814 S Pine Ave, Ocala, FL 34471
- Holiday Motel — 1048 S Pine Ave, Ocala, FL 34471
- Brewster Hall at Marion Technical College — 1014 SW 7th Rd, Ocala, FL 34471
FAQs
What type of property is this?
Motel - Two operating motel properties are offered together as a portfolio with ongoing improvements and multiple ownership paths.
Where is this motel located?
The property is located at 215 South Pine Avenue Ocala, FL.
What is the asking price?
The asking price for this property is $2,575,000.
What are key features of this property?
This property features: Portfolio includes The Shamrock Inn and Ocala Cove Motel offered together as two operating motel properties; Year built: 1958; Properties are currently operating and offered with existing operations in place
