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2416 SE 58th Ave
Ocala, FL 34480

$5,600,000 USD

Storefront For Sale  •  40,756 SF

Property Details

  • Property Type Storefront
  • Total Building Size 40,756 SF
  • Lot Size 5.76 AC
  • Building Class B
  • Year Built 1991
  • Cap Rate 6.50 %
  • Tenancy Multiple
  • Zoning C2
0 Transit Score
30 Walk Score

Highlights

Located in Florida, one of the few states with no state income tax, offering investors potential tax savings and increased net returns.
Current rental rates are below market, offering a strong opportunity for rent growth and increased cash flow as leases renew.
Ocala’s booming economy, growing population, and demand for retail space position this asset within a thriving market.
The property’s current occupancy allows for income growth through lease-up and proactive management.
The property includes an outparcel ready for development, offering additional income potential and the flexibility to attract new tenants
Cap Rate: 6.50 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 196
Type: Surface
Included in Rent: Yes
Brandon Senia 866-889-0550 Matthews Real Estate Investment Services
Brandon Senia 866-889-0550 Matthews Real Estate Investment Services