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$1,275,000

1706 Magnolia Avenue

Ocala, FL 34475

Listing updated: June 9, 2026 at 11:41 AM ET

Active

Listing courtesy of Gus Galloway Realty Inc · Charles White · MLS #OM721785 · Active · 352-622-8127

Baths

10,985

Sq Ft

0.95

Acres

1985

Built

◆$116/sqft◆360° tour

Business

Property type

1985

Year built

41,382 sqft

Lot size

$116

Price / sq ft

No HOA

HOA dues

Days on market

X500

Flood zone

About this home

10,985± SF of flex retail/warehouse space offered across three buildings located on N Magnolia Ave in the heart of Ocala. This centrally located property provides quick and convenient access to US 441/301 and US 27, making it ideal for a wide range of commercial users seeking strong connectivity and visibility. Situated on approximately 0.95 acres and zoned B-4, the property allows for a broad mix of retail, service, and light industrial uses, offering excellent flexibility for both owner-users and investors. The site is comprised of three separate buildings with a variety of unit sizes and configurations, each combining office and warehouse components. Building 100 totals 2,805± SF and features approximately 900± SF of office/showroom space with the balance dedicated to warehouse, serviced by a grade-level roll-up door. Building 200 consists of 3,080± SF divided into three equal units, each with a small office, restroom, and primarily warehouse space, along with one grade-level roll-up door per unit. Building 300 spans 5,100± SF and includes one 3,000± SF unit and two 1,050± SF units, all with roll-up doors and varying office/bathroom layouts. The property can be acquired with a level of vacancy, allowing an owner-user the opportunity to occupy a portion of the space while benefiting from in-place income from existing tenants. Alternatively, investors can capitalize on the remaining vacancy to lease up the property and create additional value through stabilization. This multi-tenant flex asset presents a unique opportunity for both immediate functionality and long-term upside in a highly accessible Ocala corridor.

Estimated monthly payment

Principal & interest$6,447

Property taxes$955

Home insurance (est.)$584

Down payment

20%

$255,000 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history71 days on market

Status: Active
Mar 30, 2026
Listed$1,400,000
Mar 30, 2026
Price reduced$1,275,000

Facts & features

Property type: Commercial Sale
Sub type: Business
Status: Active
Days on market: 71
Subdivision: Marion Heights
County: Marion
Year built: 1985
Living area: 10,985 sq ft
Price/sq ft: $116
Lot size: 41,382 sq ft
Lot category: 1/2 to less than 1
Flood zone: X500 (12083C0509E)
Annual taxes: $11,460 (2025)
Parcel #: 25792-000-00
Zoning: B4
MLS #: OM721785

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Heating & Cooling

Cooling: Office Only

HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
Ownership: Fee Simple

Exterior & Construction

Construction materials: Block
Foundation: Slab
Road surface: Paved

Listing Details

Listing date: 2026-03-30
On market date: 2026-03-30
Original list price: $1,400,000
MLS area: 34475 - Ocala
Listing AOR: Ocala - Marion
Status changed: 2026-03-30
Tax legal description: SEC 07 TWP 15 RGE 22 PLAT BOOK A PAGE 166 THE CENTRAL LAND CO S REVISED PLAT OF MARION HEIGHTS BLK 1 LOTS 4.5.6.7.8.9 EX S 23 FT OF E 150 FT EXC COM SE COR OF NE 1/4 TH N 00-16-20 E 1062.89 FT TH N 89-55-52 W 41.14 FT TO POB SAID PT BEING ON THE ARC OF A CIRCULAR CURVE CONCAVE SWLY TH N 89-55-52 W 2.55 FT TO A PT ON A CIRCULAR CURVE CONCAVE SWLY HAVING A RADIUS OF 729 FT AND A CENTRAL ANGLE OF 12-22-11 TH NWLY ALONG THE ARC OF SAID CURVE AN ARC DISTANCE 157.39 FT SUBTENDED BY A CHORD BEARING AND DISTANCE OF N 17-49-09 W 157.08 FT TO A PT ON THE N BDY LINE OF LOT 4 BLK 1 TH S 89-54-31 E 2.74 FT TO A PT ON W ROW LINE SAID PT BEING ON THE ARC OF A CIR- CULAR CURVE CONCAVE SWLY HAVING A RADIUS OF 731.50 FT AND A CENTRAL ANGLE OF 12-19-14 TH SEL

Flood risk

Moderate riskFEMA Zone X500Panel 12083C0509E

Moderate-risk area (0.2% annual-chance / “500-year” floodplain). Flood insurance is recommended but usually not required.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From downtown Ocala, begin by heading north on NE 1st Ave. Continue straight and merge onto N Magnolia Ave for approximately 1.5 to 2 miles the property on your left-hand side.

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of June 9, 2026 at 11:41 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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