REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,900,000
Est. payment /mo
Active
530 NW 1ST AVE Ocala, FL 34475
12,737 SqFt
UPDATED:
08/19/2024 05:26 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 12,737 sqft
Price per Sqft $227
Subdivision Dunns Central Add
MLS Listing ID OM618742
HOA Y/N No
Originating Board Stellar MLS
Year Built 1955
Annual Tax Amount $7,081
Lot Size 2.450 Acres
Acres 2.45
Property Description
This property is a large industrial warehouse office with a fenced yard, located on 2.45 acres in downtown Ocala. It was formerly a lumber yard and offers various possibilities for redevelopment. However, it's important to note that any redevelopment plans would require rezoning of the property.
The site holds potential for different uses, such as office space, multi-family housing, or apartment development. Rezoning would be necessary to accommodate these new purposes. Depending on the location and other factors, the property may also qualify for opportunity zone benefits and City of Ocala Credits, which can provide certain incentives for investment and development.
In addition to the potential for redevelopment, the property is also available for lease starting January 2024, with a monthly rent of $5,500.
The site holds potential for different uses, such as office space, multi-family housing, or apartment development. Rezoning would be necessary to accommodate these new purposes. Depending on the location and other factors, the property may also qualify for opportunity zone benefits and City of Ocala Credits, which can provide certain incentives for investment and development.
In addition to the potential for redevelopment, the property is also available for lease starting January 2024, with a monthly rent of $5,500.
Location
State FL
County Marion
Community Dunns Central Add
Zoning FBC
Interior
Cooling Central Air
Exterior
Roof Type Metal
Building
Lot Description Corner Lot, Fire Hydrant, City Limits, Near Railroad Siding, Sidewalk
Story 1
Foundation Slab
Lot Size Range 2 to less than 5
Sewer Public Sewer
Structure Type Block,Concrete,Metal Siding
New Construction false
Others
Ownership Corporation
Special Listing Condition None
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by BILL RODGERS REALTY