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Property Description

One or more photo(s) has been virtually staged. One, two or three tenant opportunity. Option one is to lease the restaurant, currently the home of iconic Magnolia Bakery, who will be retiring. Full kitchen and dining/seating area. Option two includes the donut shop with all equipment ready to run again as a donut or coffee shop and option three is the large warehouse that has central AC and heat, 20 ft ceiling and 2000 SF of office space above the warehouse. This facility is located in the North Magnolia District of Ocala, a new growth and redevelopment are for the City of Ocala. Essex Mortgage moved corporate headquarters across the street with 300 employees, bringing great traffic to the area. The current owner, Magnolia Bakery has been at this location for 48 years and is a well known location and has a built in audience. Limitless potential. The lot next door is owned by the City of Ocala and could be available to the new owners for expansion. Warehouse: 5524 SF, Office space above Warehouse: 200SF, Donut Shop 1800 SF, Kitchen 1984 SF, Dining/Restaurant Area: 2009 SF. (Measurements approximate, rent rate is based on 13,424 square ft).

Features
: Central Air
Address Map
US
FL
Marion
Ocala
34475
MAGNOLIA
1412
AVENUE
W83° 51' 47.1''
N29° 12' 3.5''
34475 - Ocala
N
The property is located on North Magnolia in downtown Ocala 1/4 mile North of US 27 / Bonnie Heath Blvd at the NW corner of the intersection of North Magnolia and NE 14th Street.
Additional Information
https://www.propertypanorama.com/instaview/stellar/OM667892
2023-11-10
: Two
: Slab
: Block, Concrete, Stucco, Tilt up Walls
13484
Financial
5063.29
Listing Information
Frederick Krim, Jr.
271511219
271501098
BOYD REAL ESTATE LLC
271515607
271501098
Temporarily Off-Market
2024-08-01T15:05:07Z
Stellar
2024-08-01T15:03:18Z
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1412 AVENUE Ocala

1412 N Magnolia Avenue, Ocala, Florida 34475

13,484
$94,388
Listing ID #OM667892
Basic Details
Property Type : Commercial Lease
Listing Type : For Rent
Listing ID : OM667892
Price : $94,388
Square Footage : 13,484
Year Built : 1941
Lot Area : 0.70 Acre
Status : Hold
Office Name : BOYD REAL ESTATE LLC
Agent Name : Erin Freel
Property Sub Type : Mixed Use
Listing Status : Hold
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Phone: (407) 904-2702
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