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.
Property Features
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: BILL RODGERS REALTY
Agency Contact: 352-629-7506
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
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530 NW 1st Avenue | MLS# OM618742
This commercial property located at 530 NW 1st Avenue, Ocala, FL 34475 is currently listed for sale with an asking price of $2,900,000. Search Ocala real estate on www.watsonrealtycorp.com today.