FL
Marion
OCALA
34475
530 NW 1ST AVENUE
530 NW 1ST AVENUE, OCALA, FL 34475
Listing Type
Commercial/Industrial
Listing Status
active
4
$2,900,000

Home Details for 530 NW 1ST AVENUE

Price
$2,900,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
1955
Lot size acres
2.45
County
Marion
Garage
Days on site
1419
MLS Listing#
OM618742
Listing Courtesy: BILL RODGERS REALTY - 352-629-7506
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.

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Property Features
  • Cooling Information
    • Central Air
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-01-30 17:21:31
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EXIT RIVERSIDE REALTY
20156 E. Pennsylvania Ave, Dunnellon, FL 34432
Office
352 462 7170
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