Budget Print 1519 S Pine Ave

Introducing Two Prime Mixed-Use Commercial Buildings, prominently situated along the highly sought-after N Pine Avenue/27, boasting a daily traffic count of 39,500 vehicles, in the heart of Downtown Ocala. These buildings command an impressive 169 feet of frontage along the bustling six-lane, median-divided commercial corridor, offering convenient access from both the North and South. Notably, this location is directly across from the renowned Advent Health and HCA Florida Ocala Hospital.
These buildings, totaling 10,193 square feet, comprise 6,530 square feet of showroom space, 1,120 square feet designated for warehouse and service purposes, and a practical 10'x10' grade-level loading bay for receiving goods. Additionally, they feature office space and three restrooms, all equipped with a 300 Amp 3 Phase Power Supply, ceilings exceeding 10 feet in height, and access to City Water and Sewer services. Meticulously maintained, these buildings received a new roof in 2020, while recent exterior paintwork enhances their curb appeal.
Spanning approximately 0.39 acres of land zoned as B-4, the highest intensity commercial zoning in Marion County, these buildings offer versatility, accommodating a range of uses from retail to medical and professional offices. The property includes 12 parking spaces situated at the front and side of the buildings, with cross access to neighboring parcels facilitated through easements and shared access points.
In terms of location, these buildings enjoy a strategic position, located within 1.1 miles of the Marion County Clerk of Courts, 1.2 miles from City Hall, and just 3.1 miles from the Marion County Board of County Commissioners. Additionally, the area benefits from excellent connectivity to various commercial corridors, including being 0.4 miles from SR 200, 0.9 miles from W Silversprings Blvd/40, 2 miles from US 301, and only 3.5 miles from the Florida Turnpike.
Situated in Marion County, within the Ocala Metropolitan Statistical Area (MSA), the 56th most populous city in Florida, often recognized as the "Horse Capital of The World," this location positions you at the center of a thriving and steadily growing population. The current population stands at 400,000, with projections estimating it to exceed 500,000 by 2040, securing its position as the 142nd largest MSA in the United States. Ocala MSA attracts businesses with its advantageous Central Florida location, access to a skilled workforce, and affordability. It serves as a regional employment hub, drawing from a three-county workforce exceeding 202,000 individuals, and encompassing a broader six-county region with over one million residents. The region thrives in diverse sectors, including healthcare, manufacturing, logistics, distribution, biotech, research, and equestrian sports. Noteworthy expansions in healthcare amount to over $500 million in projects, and prominent companies such as Amazon, Chewy, FedEx, Lockheed Martin, E-One, AT&T, Walmart, Publix, Cardinal LG, and Pella Windows have chosen Ocala as their headquarters, reinforcing the area's economic strength and employment opportunities.
Property Highlights:
-Strategic Location: These Two Prime Mixed-Use Commercial Buildings are strategically positioned in the bustling Downtown Ocala, offering convenient access to major commercial corridors.
-Versatile Space: With a total of 10,193 square feet, the property provides a versatile layout, including 6,530 square feet of showroom space, 1,120 square feet designated for warehousing and services, and a practical loading bay.
-Infrastructure: The buildings are equipped with essential infrastructure, featuring a 300 Amp 3 Phase Power Supply, City Water, and Sewer access, ensuring efficiency for various business needs.
-Ample Parking: The property includes 12 parking spaces, providing convenience for customers and employees.
-Highest Zoning Intensity: Zoned as B-4, the highest intensity commercial zoning in Marion County, the buildings accommodate a wide range of uses, from retail to medical and professional offices.
-Proximity to Government Offices: Located within 1.1 miles of the Marion County Clerk of Courts, City Hall, and 3.1 miles from the Marion County Board of County Commissioners, making it an ideal choice for businesses seeking accessibility.
-Connectivity: Easy access to major routes, including SR 200, W Silversprings Blvd/40, US 301, and the Florida Turnpike, enhances connectivity and customer reach.
-Thriving Economic Environment: Positioned within the Ocala Metropolitan Statistical Area (MSA), this location benefits from a thriving economy, diverse sectors, and a growing population projected to exceed 500,000 by 2040.
-Attractive Business Environment: Ocala MSA attracts businesses with its central Florida location, skilled workforce, and affordability. Notable companies like Amazon, Chewy, FedEx, Lockheed Martin, and others are headquartered in the region.
-Investment Opportunity: The property represents a strategic investment opportunity in a region poised for continued economic expansion, offering potential for growth and diversification.
BUSINESS IN THE OCALA MSA
“The Ocala MSA was named by Forbes magazine in the Top 10 Metros for Future Job Growth for five consecutive years”.
Top 10 private employers in the Ocala MSA include HCA Florida Hospitals (2,712 employees, AdventHealth Ocala 2,648 employees, Lockheed Martin 1,600 employees, E-One 1,200 employees, Publix Supermarkets 1,488, Chewy Distribution 1,150 employees, FedEx Ground 1,500 employees, Cardinal LG 650 Employees, Pella Windows 650 employees and more to come with the expansion of UF Shands, Amazon Distribution and several other companies attracted to the vast growth in the Ocala MSA. Civilian Labor Workforce shed numbers more than 202,000 strong. Ocala is the regional employment hub and attracts employees not only from the three counties but from a region of 6 counties and more than one million residents including a large proportion of the labor force employed in manufacturing is almost double the average for the State of Florida and nearly double the national average in other industries ensuring dynamic growth for years to come.
Population Growth:
Marion County, a constituent of the Ocala Metropolitan Statistical Area (MSA), currently holds the 56th position in terms of population among cities in the state of Florida. The region boasts a robust population of 375,000 individuals. Projections anticipate a substantial increase in this population, nearly doubling to reach an estimated 600,000 residents by the year 2050.
Marion County's population has demonstrated remarkable growth trends, with a notable 16.2% increase over the span of 11 consecutive years, spanning from 2010 to 2021. This impressive growth outpaces the overall population growth rate in the United States, which stood at 7.3%, thus significantly exceeding national averages.