Urban-High Street
Core Downtown Ocala Historic Building
18 S Magnolia Ave, Ocala, FL 34471
Listing Price: $4,800,000
Cap Rate
5.68%
Gross SF
8,794
Rentable SF
8,794
Price/Gross SF
$545.83
Lot Size
0.08 acres
Year Built
1895
Investment Overview
Marcus & Millichap is pleased to present the offering for a core Downtown Ocala historic building
Core Downtown Ocala Historic Building
Investment Highlights
- 8,794-SF, 100% Occupied High End Restaurant, Bar with Entertainment and Office Space, Across 3 Floors in Downtown Ocala
- Fully Renovated in 2024 to Build Out Restaurant and Office Spaces With Elevator and High Level Finishes
- First Floor Sports Bar and Restaurant With Outdoor Patio and Two Top-of-the line Foresight Golf Simulator Bays | Second Floor Partly Occupied by Office Tenant With Balcony View Conference Room
- Third Floor Features High End Restaurant With Open Concept Kitchen, Raw Bar, Private Dining Rooms and Members Only Loft With Private Bar and Liquor Lockers
- Located in the Heart of Historical Downtown Ocala, Directly Across From Ocala Downtown Square Park, Hosting Multiple Events Throughout the Year
- Easy Access to Nearby On Street Parking and Multiple Municipal Lots | 74 Walk Score® Offers Very Walkable Area With Access to Multiple Downtown Ocala Attractions and Businesses
- Situated Along Silver Springs Blvd, Seeing 30,000 Vehicles Per Day Just Off of US-301 and 3 Miles From I-75, Connecting Gainesville, Ocala and Tampa | 6 Miles From Ocala International Airport
- Strong Demographics: Population Exceeds 98,400 Within 5 Miles and Projected to Increase by 2028 | Daytime Population of 140,500+
Exclusively Listed By
Listing Price: $4,800,000
Cap Rate
5.68%
Gross SF
8,794
Rentable SF
8,794
Price/Gross SF
$545.83
Lot Size
0.08 acres
Year Built
1895
Investment Highlights
- 8,794-SF, 100% Occupied High End Restaurant, Bar with Entertainment and Office Space, Across 3 Floors in Downtown Ocala
- Fully Renovated in 2024 to Build Out Restaurant and Office Spaces With Elevator and High Level Finishes
- First Floor Sports Bar and Restaurant With Outdoor Patio and Two Top-of-the line Foresight Golf Simulator Bays | Second Floor Partly Occupied by Office Tenant With Balcony View Conference Room
- Third Floor Features High End Restaurant With Open Concept Kitchen, Raw Bar, Private Dining Rooms and Members Only Loft With Private Bar and Liquor Lockers
- Located in the Heart of Historical Downtown Ocala, Directly Across From Ocala Downtown Square Park, Hosting Multiple Events Throughout the Year
- Easy Access to Nearby On Street Parking and Multiple Municipal Lots | 74 Walk Score® Offers Very Walkable Area With Access to Multiple Downtown Ocala Attractions and Businesses
- Situated Along Silver Springs Blvd, Seeing 30,000 Vehicles Per Day Just Off of US-301 and 3 Miles From I-75, Connecting Gainesville, Ocala and Tampa | 6 Miles From Ocala International Airport
- Strong Demographics: Population Exceeds 98,400 Within 5 Miles and Projected to Increase by 2028 | Daytime Population of 140,500+
Investment Overview
Marcus & Millichap is pleased to present the offering for a core Downtown Ocala historic building
Exclusively Listed By
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