Skip To Content

    108 N Magnolia Avenue , #201

    Ocala, FL 34475
    • $145,000
    • STATUS: Active
    • ON SITE: 355 Days
    • ID#: OM610506
    UPDATED: 61 min ago
    $145,000
    • 0
      BEDS
    • 0.58
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,803
      SQFT
    • $80
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1927
    County:
    Area:

    School Ratings & Info

    Description

    Great investment and passive income opportunity! This renovated office condo in the Ocala Sovereign Building is right in the middle of the up and coming downtown district. Condo consists of a lobby, reception desk, conference room or large office, five additional offices, and a break room. Comparable rents in the downtown area range from $15-$24/square foot. Originally built in 1927 as the Marion Hotel, The Sovereign Building is the second tallest building in Ocala and one of the most unique. On the National Historic Register since 1980, this historic building hosts a coffee shop, a ballroom, and offices on the first floor surrounding the beautiful lobby. Come check it out today!

    Monthly Payment Calculator




    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-10-19T17:42:45.013.
    www.cainepremierproperties.com/homes/111435218
    Print Image

    108 N Magnolia Avenue , #201 Ocala, FL 34475

    • Price: $145,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: OM610506
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.58
    Acres
    1,803
    SQFT
    $80
    $/SQFT
    1927
    Built
    Neighborhood:
    Ocala
    County:
    Marion
    Area:
    Ocala
    Property Description
    Great investment and passive income opportunity! This renovated office condo in the Ocala Sovereign Building is right in the middle of the up and coming downtown district. Condo consists of a lobby, reception desk, conference room or large office, five additional offices, and a break room. Comparable rents in the downtown area range from $15-$24/square foot. Originally built in 1927 as the Marion Hotel, The Sovereign Building is the second tallest building in Ocala and one of the most unique. On the National Historic Register since 1980, this historic building hosts a coffee shop, a ballroom, and offices on the first floor surrounding the beautiful lobby. Come check it out today!
    Exterior Features

    Adjoining Property CommercialProfessional Office Construction Materials Concrete Covered Spaces 0 Foundation Details Basement Open Parking YN No Parking Features 6 To 12 Spaces Road Frontage Type Business District Road Surface Type Asphalt Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Accessibility Features Accessible Approach With RampAccessible Common AreaAccessible DoorsAccessible Entrance Building Area Total 1803 Cooling Central Air Cooling YN Yes Flooring LaminateLinoleum Heating Central Heating YN Yes Levels One Number Of Offices 7 Number Of Restrooms 2 Sewer Public Sewer

    Property Features

    Business Type CommercialProfessional/Office Condo Environment Yn Yes Condo Fee Monthly Amount 600 Condo Fees 600 Condo Fees Term Monthly Flood Zone Code X Listing Terms CashConventional New Construction Yn No Ownership Sole Proprietor Property Condition Under Renovation Property Sub Type Office Special Listing Conditions None Tax Annual Amount 2484.44 Total Annual Fees 7200 Total Monthly Fees 600 Utilities Electrical NearbyPhone AvailableWater Connected


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Busch Realty.



    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-10-19T17:42:45.013.
     
    https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_2_OM610506-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_2_OM610506-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_2_OM610506-2.jpg
    Logo
    Caine Luxury Team | Keller Williams Realty Naples
    879 Vanderbilt Beach Rd.
    Naples FL, 34108