920 N Pine Ave - Restaurant FOR SALE


Ocala, FL 34475- Northwest Ocala
$1,900,000 USD
352-817-3860
920 N Pine Ave, Ocala, FL for Sale
$1,900,000 USD
Restaurant - FOR SALE
1/6
null | Request Cap Rate

920 N Pine Ave
Ocala, FL 34475
Northwest Ocala


HIGHLIGHTS

  • 1,709 SF Drive Thru building on HARD CORNER
  • Currently OLA Coffee is FULLY-EQUIPPED with drive thru and includes all Fixtures, Furniture and Equipment of an operating coffee business
  • Traffic Counts 2023: 20,500 & 26,500 cars/day on cross streets
  • Zoned B4, .54 Acres strategically located in Ocala area
  • Expand operations with panoramic indoor seating, or repurpose use
  • Contact Broker for CA and Financials

OVERVIEW

Introducing a prime investment opportunity in the heart of Ocala, this free-standing building with drive thru presents 1,709 SF of versatile retail space with upside in completing the indoor seating retail corner. With a rich history dating back to 1960, and extensively remodeled with new parking lot and drive thru in 2023, the property is FULLY-EQUIPPED and can continue to operate as a coffee shop, or could be repurposed. Buyer will be provided all fixtures, furniture and equipment of the current OLA Coffee business, but may not operate under the name. Zoned B4 of .54 acres to accommodate a wide range of commercial applications, this strategically located property offers unparalleled visibility and access within the thriving Ocala area. Ideal for retail investors seeking a dynamic, well-established location and business, this property promises a blend of tradition and innovation to drive business success.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$1,112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coffee Shop with Land

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,864 SF

ZONING

B4

APN/PARCEL ID

2571-003-001

ASK ABOUT THIS PROPERTY

Randy BussNAI HeritageMore Info
352-817-3860

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Randy BussNAI HeritageMore Info
352-817-3860

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