$820,000
Property details
About this home
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.
Keep exploring
More homes in OCALA
