Historic Ocala 7.65 Commercial Acres

Highlights:

• Historic Ocala 7.65 Commercial Acres
• Overlooking Beautiful Tuscawilla Park and Performing Arts Theater
• 7.65 Acres
• Industrial Zoning

Description:

7.65 commercial acres located next to Ocala's beautiful Tuscawilla Park and the City's Performing Arts Theater. Seldom does a property of this size become available for purchase in the downtown Ocala area. The property includes two parcels and features five buildings: 16,047sf warehouse (1945), 5,950sf warehouse (2013), 2,216sf warehouse (1959), 1,056sf office (1955) and a 600sf office (1945). The current zoning is M-2 (Medium Industrial) with Low Intensity Land Use. CSX rail borders the property's eastern boundary.

From the mid 1980's until several years ago, the property operated as "Svinga Brothers", a scrap-metal and recycling operation.

Current deed restrictions provide for industrial purposes only on the southern 3.12 acre parcel (26104-000-00). This entire parcel is sealed and covered with an 8" concrete pad as a result of the parcel's use from 1890's and 1950's as a manufactured gas plant, which deposited coal tar sludge into an onsite pit on the southern parcel. Environmental history and contacts are available.

The property is located within the City of Ocala's North Magnolia CRA (Community Redevelopment Area) and is eligible for significant tax incentive and improvement funds.

Located along Interstate 75 in North Central Florida, Ocala is a one-hour drive North of Orlando. Residents and businesses alike enjoy a high quality of life and a relatively low cost of living. Quality healthcare and one of Florida's lowest housing costs make Marion County a great place to live. The scenic landscape is graced by the pastoral beauty of more than 1500 horse farms with plenty of green space for all to enjoy. If the beach is your pleasure, both coasts are within a one-hour drive. The Ocala National Forest provides residents and visitors with thousands of acres of forest, trails, lakes, and rivers. Marion County is home to a diverse economy, blending horse farms and agricultural interests with a variety of business sectors.

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