Twitter
Facebook
Email
|
INVESTMENT OPPORTUNITY WITH IMMEDIATE INCOME AND UPSIDE POTENTIAL! Unique mixed-use property featuring a fully leased commercial building plus a separate residential home, creating multiple income streams and future value-add opportunities. The commercial building is occupied by a long-term tenant currently paying $3,100 per month, with tenant responsible for utilities and lawn maintenance. A separate residential home on site offers additional income potential estimated at approximately $2,000 per month. Current annual net operating income is approximately $25,000+, with projected NOI exceeding $50,000 annually when both buildings are income-producing. Located on highly visible SE 59th Street with B-5 zoning, this property offers flexibility for investors, owner-users, or 1031 exchange buyers seeking stable cash flow and future growth. Property includes established tenancy, ample parking, excellent accessibility, and strong exposure in one of Ocala's growing commercial corridors. Financial information available upon request with signed confidentiality agreement.
| DAYS ON MARKET | 148 | LAST UPDATED | 5/29/2026 |
|---|---|---|---|
| YEAR BUILT | 1948 | COMMUNITY | 34480 - Ocala |
| COUNTY | Marion | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Apr 9, '26 | $895,000 |
|---|---|
| Apr 9, '26 - May 29, '26 | $850,000 |
| May 29, '26 - Today | $820,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Washer |
| AREA | 34480 - Ocala |
| CONSTRUCTION | Block, Cement Siding |
| EXTERIOR | Storage |
| INTERIOR | Bathrooms, Extra Storage, Fencing, Outside Storage, Truck Doors, Waiting Room |
| LOT | 1.36 acre(s) |
| LOT DESCRIPTION | Corner Lot, Paved, Wooded |
| LOT DIMENSIONS | Irregular |
| PARKING | Common |
| STORIES | 1 |
| TAXES | 1136.91 |
| UTILITIES | Electricity Available, Phone Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Greg
Lord to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Kendrick Butler, STELLAR REAL ESTATE AGENCY LLC, 352-585-1562
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 7/13/26 7:20 PM PDT.
This IDX solution is (c) Diverse Solutions 2026.