Property summary
This exceptional commercial property, located at 1824 N Pine Ave in Ocala, Florida, presents a unique investment opportunity. The 2.27-acre lot boasts a prime location in the bustling N Pine/US Hwy 441/301 business district, offering convenient access from two roadways. The property comprises two buildings totaling 5,506 square feet of net rentable space. Building #1, a modern, updated 3,406 square foot Class A structure, features multiple offices, a break room, restrooms, warehouse space, and storage. A large 1,140 square foot entry canopy adds to its appeal. Building #2, also Class A, offers additional office space, restrooms, and a workshop/warehouse area with three roll-up doors. The property includes a well-maintained, paved parking lot with capacity for approximately 150 vehicles and is enhanced by LED lighting. The property is zoned B-4, offering a wide range of potential uses, including but not limited to: restaurants, retail, medical clinics, professional offices, automotive, marine, off-road, and farm equipment sales. Built in 2002, this single-story complex is currently vacant and available for $930,000. The seller is offering financing options with 25% down, 6% interest, and a 5-year balloon payment. This meticulously maintained property represents a compelling investment opportunity in a high-traffic area. The property's two buildings and ample parking make it ideal for a variety of commercial ventures. The property's location and zoning provide significant flexibility for future development and expansion.
Property profile
VerifiedCap rate & NOI
Current use
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Car Dealership
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Car Dealership
Location
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Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B4 · Ocala, FLZoning
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Zoning designation
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