514 Magnolia Ave Ocala, FL 34471-0973

This exceptional 5,691 square foot mixed-use commercial building is ideally situated in the heart of downtown Ocala, Florida, on a 0.28-acre lot at 514 S Magnolia Avenue. Its strategic location places it steps from the bustling downtown square, directly across from a planned upscale multi-family development, and just a block from the popular Downtown Market. The courthouse, numerous restaurants, and the main post office are also within close proximity. This high-visibility location offers unparalleled exposure to the entire Marion County area, making it perfect for businesses seeking maximum customer reach. The building currently features 1,800 square feet with a separate access door, ideal for generating rental income or owner-occupancy. This presents a unique opportunity for both business owners and investors seeking a property with strong growth potential and easy leasing prospects. The seller's motivation to expand creates a compelling investment opportunity in a thriving downtown area, close to U.S. Highway 441 and a diverse, active customer base. This property is poised to benefit from the ongoing development and revitalization of Ocala's vibrant downtown community. The asking price is $1,800,000.