813-478-1735
1412 N Magnolia Ave, Ocala, FL for Rent

$7.00 USD /SF/yr

Retail - For Rent
1/27
13,424 SF | 1 Space

1412 N Magnolia Ave
Ocala, FL 34475


HIGHLIGHTS

  • Warehouse: 5552 SF, Office space above Warehouse: 2000SF, Donut Shop 1800 SF, Kitchen 2000 SF, Dining/Restaurant Area: 2000 SF.
  • This property is also for sale at the reduced price of $1,495,000 and can be turned into a multi-tenant facility or lease the entire space

OVERVIEW

One, two or three tenant opportunity. Option one is to lease the restaurant, currently the home of iconic Magnolia Bakery, who will be retiring. Full kitchen and dining/seating area. Option two includes the donut shop with all equipment ready to run again as a donut or coffee shop and option three is the large warehouse that has central AC and heat, 20 ft ceiling and 2000 SF of office space above the warehouse. This property is also for sale at the reduced price of $1,495,000 and can be turned into a multi-tenant facility or lease the entire space and sub lease what you don’t need. Lease purchase option available as well. Lease rate is below market rent. This facility is located in the North Magnolia District of Ocala, a new growth and redevelopment area for the City of Ocala. Essex Mortgage moved corporate headquarters across the street with 300 employees, bringing great traffic to the area. The current owner, Magnolia Bakery has been at this location for 48 years and is a well known location and has a built in audience. Limitless potential. The lot next door is owned by the City of Ocala and could be available to the new owners for expansion. Warehouse: 5552 SF, Office space above Warehouse: 2000SF, Donut Shop 1800 SF, Kitchen 2000 SF, Dining/Restaurant Area: 2000 SF. (Measurements approximate, rent rate is based on 13,424 square ft).

RENTAL DETAILS

SPACE AVAILABLE

13,424 SF

# OF SPACES

1

RENT/MONTH

$7,831 USD /mo

RENT RATE (MO)

$0.58 USD /SF/mo

RENT RATE (YR)

$7.00 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

13,424 SF

YEAR BUILT

1941

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

B5

ASK ABOUT THIS PROPERTY

Erin FreelBoyd Real Estate, LLCMore Info
813-478-1735

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Erin FreelBoyd Real Estate, LLCMore Info
813-478-1735

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.