Description
DT101 presents a unique opportunity for an investor to acquire a 89% leased mixed use property with attractive in place cash flow, a weighted average of over four year lease term and in place rents with 29% below market. Strategically located at the epicenter of Ocala’s Redeveloped and exploding Downtown District, this 28, 000 square foot historic building features a renovated industrial modern lobby and an attached half block surface parking lot with future development potential. Offering Highlights • Ocala’s most centrally located Mixed Use Property with First floor Restaurants / Retail • Strong Cash Flow in place • Site is adjacent to City’s Linear Trail – designed with a built in cross walk to connect downtown and midtown areas for art, entertainment, parks and event options Property Overview • Four Story, completely renovated, Mixed Use Building • Includes half block adjacent, private, surface parking – future development potential • Located in Form Based Code, redevelopment area of Downtown Ocala and the Downtown Development District
Address
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Address: 101 E SILVER SPRINGS BOULEVARD
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City: Ocala
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State/county: FL
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Zip/Postal Code: 34470
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Country: US
Details
Updated on September 26, 2023 at 4:12 am-
Property ID OM646739
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Price $7,250,000
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Property Size 28780 Sqft
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Land Area 0.15 Acres
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Year Built 1913
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Property Type Mixed Use, Commercial Sale
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Property Status Expired
Additional details
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Listing Terms Cash, Conventional
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Cooling Central Air
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County Marion
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Property Type Commercial Sale
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Parking Lighted, Over 30 Spaces, Secured
Features
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