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$2,490,000
Est. payment /mo
25,869 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 25,869 sqft
Price per Sqft $96
MLS Listing ID OM708163
HOA Y/N No
Year Built 1955
Annual Tax Amount $15,774
Lot Size 7.650 Acres
Acres 7.65
Property Sub-Type Industrial
Source Stellar MLS
Property Description
7.65 commercial acres located next to Ocala's beautiful Tuscawilla Park and the City's Performing Arts Theater. Seldom does a property of this size become available for purchase in the downtown Ocala area. Total tax and square footage has been calculated for both parcels and all buildings combined. The property features five buildings: 16,047sf warehouse (1945), 5,950sf warehouse (2013), 2,216sf warehouse (1959), 1,056sf office (1955) and a 600sf office (1945). The current zoning is M-2 (Medium Industrial) with Low Intensity Land Use. CSX rail borders the property's eastern boundary.
From the mid 1980's until several years ago, the property operated as "Svinga Brothers", a scrap-metal and recycling operation.
Current deed restrictions provide for industrial purposes only on the southern 3.12 acre parcel (26104-000-00). This entire parcel is sealed and covered with an 8" concrete pad as a result of the parcel's use from 1890's and 1950's as a manufactured gas plant, which deposited coal tar sludge into an onsite pit on the southern parcel. Environmental history and contacts are available.
The property is located within the City of Ocala's North Magnolia CRA (Community Redevelopment Area) and is eligible for significant tax incentive and improvement funds.
Highlights:
Five Buildings (25,869sf Total)
Historic Ocala 7.65 Commercial Acres
Overlooking Beautiful Tuscawilla Park and Performing Arts Theater
7.65 Acres
Industrial Zoning
From the mid 1980's until several years ago, the property operated as "Svinga Brothers", a scrap-metal and recycling operation.
Current deed restrictions provide for industrial purposes only on the southern 3.12 acre parcel (26104-000-00). This entire parcel is sealed and covered with an 8" concrete pad as a result of the parcel's use from 1890's and 1950's as a manufactured gas plant, which deposited coal tar sludge into an onsite pit on the southern parcel. Environmental history and contacts are available.
The property is located within the City of Ocala's North Magnolia CRA (Community Redevelopment Area) and is eligible for significant tax incentive and improvement funds.
Highlights:
Five Buildings (25,869sf Total)
Historic Ocala 7.65 Commercial Acres
Overlooking Beautiful Tuscawilla Park and Performing Arts Theater
7.65 Acres
Industrial Zoning
Location
State FL
County Marion
Area 34470 - Ocala
Zoning M-2
Interior
Cooling Office Only
Building
Foundation Slab
Lot Size Range 5 to less than 10
Structure Type Metal Frame
New Construction false
Others
Ownership Sole Proprietor
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM708163
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