$525,000

725 E Silver Springs Boulevard

OCALA FL, 34470

Description

Income producing with 71 lighted parking spaces and prime location within low tax Federal Opportunity Zone! AADT: 37,900 with road frontage on Silver Springs Blvd and NE 8th AVE. Sale includes additional parcel: 2820-047-003 on .56 acres. Two parcels combined equal over one acre! Landmark building was formally the famed Peter Dinkel's restaurant, and has a recent history of office and retail use. Includes 14 office/retail units, multiple lounge, conference, and kitchen areas. Updated electric, plumbing, and HVAC. Building contains a fire sprinkler system throughout. Property is located within the Midtown District and East CRA with grant funding available for property improvements. Two parcels = two grant opportunities! Owner financing opportunity.

Details

MLS#OM548903
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1935
Days On Site16

Features

Units14
Building(s)28

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Area Information

StateFL
CountyMarion
CityOCALA
Zip Code34470
Area34470 - Ocala
Listing VS Median (in 34470)
Price:
$525,000
low | high
Med:
$149,800
100% of Average
On Site:
16
low | high
Med:
70
22.857142857143% of Average
Listing Updated: 02/22/2020
MLS Number: OM548903
Listing Provided By:
Melissa Townsend  of  ITS ALL ABOUT YOU...REAL ESTA

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