Kelly French Real Estate Inc
Kasey D Hilyard, PLLC, Kelly French Real Estate IncPhone: (407) 488-9879
Email: [email protected]
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listing
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CommercialFor Sale
$2,900,000
530 NW 1st Avenue
Ocala, FL 34475
Listed by: Bill Rodgers Realty, (352) 362-1224
MLS: Stellar MLS
Est. Mortgage
$15,069/mo

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.

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Listing provided by Bill Rodgers Realty
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