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Wade M. Berlin

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2139 2nd Street B
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PRICED AT ONLY: $1,150,000

Address: 2139 2nd Street B, OCALA, FL 34470

Description

PRIME INVESTMENT OPPORTUNITY 100% LEASED WITH 7% CAP RATE. Exceptional turnkey investment property offering immediate income with zero landlord responsibilities. Fully leased 3,634 square foot medical spa office building on 1.04 acres. The property features a new 10 year absolute triple net lease with Lifestyle Solutions MedSpa, a strong operator that has been successfully operating at this same location since 2004, demonstrating proven stability and commitment to the area. The lease includes annual escalations through 2035 plus four additional 5 year extension options, providing long term income security and growth potential. Originally constructed in 1986, the building underwent major renovations in 2013, ensuring modern functionality and appeal. Located in the 2nd Street Professional Center, this property benefits from close proximity to popular retail establishments, banking facilities, dining options, and residential neighborhoods, creating a strong tenant base and ensuring continued demand. The tenant operates two successful locations and represents a reliable income stream with no management headaches for the investor. Zoned RO & R 3 in Marion County. Please note that tenant operations must not be disturbed during the showing and sale process.
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  • MLS#: G5099115 ( Commercial Sale )
  • Street Address: 2139 2nd Street B
  • Viewed: 15
  • Price: $1,150,000
  • Price sqft: $316
  • Waterfront: No
  • Year Built: 1986
  • Bldg sqft: 3634
  • Days On Market: 20
  • Acreage: 1.04 acres
  • Additional Information
  • Geolocation: 29.1887 / -82.1086
  • County: MARION
  • City: OCALA
  • Zipcode: 34470
  • Subdivision: Orange View
  • Provided by: AKIN REALTY COMPANY
  • Contact: Fran Dann-Akin
  • 352-804-2446
  • mfrmls
  • DMCA Notice
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Carpet, Luxury Vinyl
  • Living Area: 3634.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Public
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 16 TWP 15 RGE 22 PLAT BOOK B PAGE 206 ORANGE VIEW SUB N 100 FT OF W 133.33 FT OF S 256.42 FT OF LOT 23
  • Levels: One
  • Area Major: 34470 - Ocala
  • Parcel Number: 28335-023-06
  • Views: 15
  • Zoning Code: RO
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin