530 NW 1st AVENUE, Ocala, FL, 34475

530 NW 1st AVENUE, Ocala, FL, 34475

1955

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.


Status:

Active

Type:

Commercial

Complex:

DUNNS CENTRAL ADD

Cooling:

Central Air

Levels:

1

Acreage:

2.45

Est. Taxes:

$7,082

Construction

Block, Concrete, Metal Siding

Lot Description:

Corner Lot, Fire Hydrant, City Lot, Near Railroad Siding, Sidewalk

Days on Market:

1191

MLS #:

OM618742


Community Info

School Info

Walk Score

Yelp



Listing courtesy of BILL RODGERS REALTY Phone: 352-629-7506