94 SW Ft KingOcala, FL 34471

Description

In the heart of fast growing downtown Ocala for sale is this fully functioning 45 space parking lot. This parking lot is vital to the downtown area and provides a great location for visitors. Weekends, holidays and events bring parking challenges with the towns main garage even reaching full capacity. The parking equipment is currently leased and the buyer can continue the lease or have the equipment removed. The parking lot can be redeveloped into 12 Town homes, 20+ condos, Mixed-Use, Restaurant, Bar, Brewery, Spa Salon, Boutique Hotel, Event Venue and more if desired. The owner has designed the site for a future 24 unit apartment project but you could do whatever you want with the property. The Concept design is included with the sale. The seller has a recent survey available which also would be transferred with the sale along with an Environmental study indicating the site is clean. Across the street, 110 SW Fort King (vacant lot) is also for sale by the same owner. See MLS listing OM707230 The property value for this property will only increase with time as more nearby land gets redeveloped. The seller has a concept design and 3D images for the proposed design available.

Property Information

Property type

Commercial Sale

Sub-type

Mixed Use

Year built

2022

Building area

0.1 Sq Ft

Lot size

0.29 acres

Ownership

Sole Proprietor

Days on market

427

MLS^® Listing#

OM707323

Property Features

Cooling

None

Construction

Other

Foundation

Other

Financial Details

Annual taxes

$5,672Tax year 2024

Parcel number

2853-047-003

Directions

Take Hwy 75 and exit Hwy 40 east, Continue on Hwy-40 to Downtown Ocala 7 min, Turn right onto SW 1st Ave, Destination will be on the left after two blocks