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94 SW Fort King Street

Ocala, FL 34471
  • $850,000
  • STATUS: Active
  • ON SITE: 136 Days
  • MLS #: S5071293
Price Reduced
UPDATED: 44 min ago
$850,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

**** This property is in a qualified Federal Opportunity Zone AND New Market Tax Credit Qualified **** Historic Downtown Property with High Density Zoning that allows a multitude of uses. The property is currently used as a 45 space surface parking lot for all the nearby bars, restaurants, and retailers however it could be transformed into almost any use imaginable. Multifamily, Mixed-Use, Restaurant, Bar, Brewery, Spa Salon, Boutique Hotel, Event Venue and more. The possibilities are nearly endless. The owner has designed the site for a future 24 unit apartment project but you could do whatever you want with the property. The Concept design is included with the sale. The seller has a recent survey available which also would be transferred with the sale along with an Environmental study indicating the site is clean. he adjacent building will begin tenant finish next month for Mellow Mushroom, Shuckin' Shack and Mooyah. These new additions will add to the downtown vitality and valuations. In addition, a block away District Bar & Kitchen is under construction and progressing nicely. The Overview always included a few design options for the redevelopment of the site. The site is a located on the same block as the new Mellow Mushroom restaurant and only 2 blocks from the City Square. Across SW 1st Avenue is the soon to be constructed One Fort King Townhomes project. The project has submitted drawings to the city for its 24-unit project. The property value for this property will only increase with time as more nearby land gets redeveloped. The seller has a concept design and 3D images for the proposed design available. **** This property is in a qualified Federal Opportunity Zone AND New Market Tax Credit Qualified ****

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© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-12-01T07:46:06.2.
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94 SW Fort King Street Ocala, FL 34471

  • Price: $850,000
  • Status: Active
  • On Site: 136 Days
  • Updated: 44 min ago
  • MLS #: S5071293
0
Beds
0
Baths
0
½ Baths
0.29
Acres
Neighborhood:
Old Survey
County:
Marion
Area:
Ocala
Property Description
**** This property is in a qualified Federal Opportunity Zone AND New Market Tax Credit Qualified **** Historic Downtown Property with High Density Zoning that allows a multitude of uses. The property is currently used as a 45 space surface parking lot for all the nearby bars, restaurants, and retailers however it could be transformed into almost any use imaginable. Multifamily, Mixed-Use, Restaurant, Bar, Brewery, Spa Salon, Boutique Hotel, Event Venue and more. The possibilities are nearly endless. The owner has designed the site for a future 24 unit apartment project but you could do whatever you want with the property. The Concept design is included with the sale. The seller has a recent survey available which also would be transferred with the sale along with an Environmental study indicating the site is clean. he adjacent building will begin tenant finish next month for Mellow Mushroom, Shuckin' Shack and Mooyah. These new additions will add to the downtown vitality and valuations. In addition, a block away District Bar & Kitchen is under construction and progressing nicely. The Overview always included a few design options for the redevelopment of the site. The site is a located on the same block as the new Mellow Mushroom restaurant and only 2 blocks from the City Square. Across SW 1st Avenue is the soon to be constructed One Fort King Townhomes project. The project has submitted drawings to the city for its 24-unit project. The property value for this property will only increase with time as more nearby land gets redeveloped. The seller has a concept design and 3D images for the proposed design available. **** This property is in a qualified Federal Opportunity Zone AND New Market Tax Credit Qualified ****
Exterior Features

Covered Spaces 0 Current Adjacent Use Commercial Direction Faces Southwest Front Footage 226 Lot Features BuildableCentral Business DistrictCorner LotCity Lot Lot Size Dimensions 57X22 Open Parking YN No Road Frontage Type Business DistrictCity Street Road Surface Type Asphalt Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling YN No Heating YN Yes Sewer Public Sewer Water Source Public

Property Features

Current Use Commercial Flood Zone Code X For Lease Yn No Listing Terms CashConventionalLease OptionOther Ownership Fee Simple Realtor Info As-Is Special Listing Conditions None Tax Annual Amount 2074 Total Annual Fees 0 Total Monthly Fees 0 Utilities Other Zoning B-3


Listing information © 2022 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Remax Premier Properties: 407-343-4245.



© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-12-01T07:46:06.2.
 
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