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
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
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Utilities
Carport Spaces: 0.00
Cooling: Office Only
Road Frontage Type: City Street
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Legal Description: SEC 08 TWP 15 RGE 22
COM AT INTER OF S LINE OF HENRY ST & E LINE OF OSCEOLA ST
TH S 548.41 FT TH E TO A CONCRETE MONUMENT LOCATED T
ON W LINE OF ROW OF SEABOARD AIR LINE RR TH NELY TO A
MONUMENT LOCATED AT POINT OF INTERSECTION THEREOF
WITH S BNDY LINE OF HENRY ST TH W 557.78 FT
Great downtown opportunity! This unique commercial office building is positioned ideally within a designated Opportunity Zone in the heart of the Historic District. Included are 19 parking spaces, 9
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