Bought with PLATINUM HOMES AND LAND REALTY
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Key Details
Sold Price $950,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 14,400 sqft
Price per Sqft $65
Subdivision Pinecrest Un 01
MLS Listing ID OM658370
Sold Date 02/28/24
HOA Y/N No
Year Built 1983
Annual Tax Amount $10,527
Lot Size 1.140 Acres
Acres 1.14
Property Sub-Type Retail
Source Stellar MLS
Property Description
Possible Owner Financing! Investment Opportunity with Added Value
Property: 14,400 square foot Retail/Office Strip Center
Unit Configuration: 11 units with retail or office spaces
Occupancy Rate: 85% occupied, ensuring stable rental income
Location: Prime spot in the Ocala Florida North Magnolia District
Convenience: Easy access to major roadways, close to all services
Discover the Potential
This impressive retail/office strip center is a remarkable investment opportunity in the thriving Ocala Florida North Magnolia District. With a substantial 14,400 square feet of space, it presents a range of possibilities for business owners and investors alike.
Diverse Unit Mix
The property boasts 11 units, providing an ideal blend of retail and office spaces. Whether you're looking to lease to retailers, entrepreneurs, or professional services, this versatile strip center accommodates a variety of businesses.
Stable Occupancy With an impressive 85% occupancy rate, this property ensures a steady stream of rental income. Existing tenants contribute to the property's stability, making it a secure investment with immediate returns.
Prime Location
Situated in the desirable Ocala Florida North Magnolia District, this strip center enjoys easy access to major roadways, ensuring excellent visibility and accessibility for tenants and customers. Close proximity to a wide range of services and amenities further adds to its appeal.
Added Value Potential
This property presents an added value investment opportunity. With the potential for improvements and strategic management, you can enhance its value and attract higher-quality tenants. Unleash the property's full potential and maximize your return on investment.
Don't Miss Out!
Seize the chance to own this exceptional retail/office strip center in the thriving Ocala Florida North Magnolia District. Whether you're an investor or a savvy business owner, this property offers the ideal combination of prime location, existing occupancy, and added value potential.
For more details and to schedule a viewing, contact our experienced real estate team today. Your next successful venture awaits!
Location
State FL
County Marion
Community Pinecrest Un 01
Area 34475 - Ocala
Zoning B4
Interior
Heating Heat Pump
Cooling Central Air
Exterior
Parking Features Parking Spaces - 19 to 30, Common
Utilities Available Water Connected
Roof Type Shingle
Building
Story 1
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Ownership Corporation
Special Listing Condition None
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