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$1,249,000

Active

1412 N Magnolia Ave, Ocala, FL 34475

0.7 acre lot

Listing courtesy of ASHLAR REALTY Β· MLS# OM726669

119 days on market24 views this week

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this property

Active commercial facility Ocala Industrial Warehouse & Commercial Building for Sale | B-5 Zoning | 13,335 SF Clear-Span Facility | North Magnolia Business District Positioned on a high-visibility corner lot with prominent street frontage, 1412 N Magnolia Ave represents a premier Ocala commercial real estate investment. Featuring a robust concrete block construction and a newly replaced roof (2021), this massive 13,335 SF industrial facility is perfectly optimized for maximum regional exposure, logistics, or adaptive commercial reuse. High-Value Property Specifications & Search Tags: Permissive B-5 Zoning: Located in the coveted North Magnolia Business District with heavy Wholesale Business (B-5) zoning, authorizing light manufacturing, heavy wholesale, intense retail distribution, and warehouse storage by right. Industrial Warehousing Architecture: Engineered with soaring 20+ foot ceiling heights, clear-span space, grade-level roll-up doors, and a dock-high loading bay for seamless fleet transport and inventory logistics. The Strategic Corner Edge: Commands prime street frontage on a highly visible corner, wrapped by city-owned surrounding lotsβ€”providing a unique spatial footprint with exceptional long-term positioning and security. Flexible Transition Frameworks (Investor Psychology): The Vacant Commercial Turn: The building can be delivered 100% vacant at the close of escrow, offering a clean slate for an owner-user operator looking to scale operations or a commercial landlord aiming for immediate market-rate lease-up. The 1955 Magnolia Bakery Legacy: For the first time in over 70 years, this iconic Ocala staple is available for acquisition. Ownership is open to selling the famous Magnolia Bakery business alongside the real estate. This turn-key option includes the legendary brand name, established regional goodwill, operational infrastructure, and full staff trainingβ€”offering an unprecedented, immediate revenue engine on Day 1. Centrally located in Central Florida's premier logistics hub with rapid highway connectivity to Orlando, Tampa, and Gainesville. Do not miss this high-exposure corner asset. Contact the listing brokerage today to review complete structural files, equipment lists, and to schedule your private asset walkthrough.

Facts

Property type
Mixed Use
Year built
1941
Flood zone
X
Annual taxes
$6,792/yr
Listed
Jun 9, 2026
MLS #
OM726669

Commercial details

Building & site

Building size
13,335 SF
Lot size
0.7 acres (30,492 SF)
Zoning
B5
Ceiling height
23 + Feet
Road frontage
Business District, City Street
Buildings
1
Occupancy
Owner-occupied
Building features
Bathrooms, High Bays

Investor metrics

Price per SF (MLS)
$93.66/SF
Cap rate
10.73%
Net operating income
$155,556/yr

As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β€” confirm with the listing broker before relying on them. We never estimate a cap rate.

Price & status history

  1. Listed for $1,350,000
  2. Price reduced to $1,249,000

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Take a tour

Pick a day that suits you β€” a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

1412 N Magnolia Ave, Ocala, FL 34475

Listing courtesy of ASHLAR REALTY Β· MLS# OM726669 Β· Active

How would you like to see it?
Which day?
What time of day?

In person Β· Thu, Oct 29 Β· Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this property is

Opens on aerial β€” on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Similar properties

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 10:24 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. Β· [email protected]