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530 NW 1st Ave

Ocala, Florida, 34475, United States

Property ID: #558235 // commercial
530 NW 1st Ave
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Traditional Sale
List Price:
$2,900,000.00
Icon - ft²
Icon 2.45 acres
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Address:
530 NW 1st Ave
City:
Ocala
State:
Florida
Zip Code:
34475
County:
Marion
Subdivision:
DUNNS CENTRAL ADD
Country:
United States
Property Type:
Commercial
Additional Property Types:
Industrial
Year Built:
1955
Lot Size:
2.45 acres
Data Source:
Mid Florida Realty MLS
MLS/Reference Number(s):
OM618742
Source Status:
Active
Source Property Type:
Commercial, Industrial

Property Provided By

  • Lance Schenker
  • BILL RODGERS REALTY
  • +1 (352) 362-1224
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Property Information

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.

Directions

North on NE 1st Ave to NW 6th St - T/L onto NW 6th St to NW 1st Ave. Building on the right corner of NW 6th St and NW 1st Ave.

Source Disclaimer

Mid Florida Realty MLS

Listing Information © 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Courtesy of BILL RODGERS REALTY.
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2023-05-22 15:09:08. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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