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3041 S PINE AVENUE

Commercial For Sale
$3,500,000

BTC: 56.45070241

ETH: 1,105.12240020

54 days
0 room(s)
10,683 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

This meticulously managed 23-room motel is conveniently located in a very nice area right on US 301/27/441, south of the Ocala historic downtown square. It is also within a short drive to the modern commercial, shopping mall and restaurant area on US 200 in southwest of the city, the Ocala International Airport and the world renown World Equestrian Center (WEC). The property has a fenced swimming pool and a family BBQ area right in the middle of the court yard. There is also a manager's living quarters onsite. Parking space is abundant. Surrounding neighborhood is nice. There is also a convenient covered porch to the check-in office which sets it apart from other similar independent motels, especially during a Florida rainy day. The guest room interiors are well maintained and the business has been quite profitable under the diligent care of a reliable family ownership for many years. Apart from the many state parks and private lake parks with the many amazing natural wonders of artesian springs which have year-round constant 72-degree clear water discharging from underneath the earth, Ocala is also the “Horse Capital of the World.” Boasting more than 600 private horse farms, it is home to an abundance of horse-related attractions, events, and activities. It attracts many horse loving tourists from all around the world each year. Within an hour or two, residents in Ocala can also access both coastal beaches conveniently and yet have no worries of storm surges brought by annual hurricanes to the Florida coasts. Currently Ocala has been among the top destinations of new-comers relocating to Florida every year due to its idyllic lifestyle settings, family friendly environment, economic growth and affordable housing, hence many house hunters. Gainesville to the north within less than an hour, is where University of Florida is located with many mobile young adults. To the south within half an hour, it is the retired folks' paradise of The Villages with over 145,000 affluent retired residents ready to spend for travels. Further south in less than an hour, it will reach the theme parks entertainment metropolis of Orlando with more than 75 million annual tourist visits. There is a connected owner's or manager's living quarters on site. The apartment has a large living room, three bedrooms, two baths, one kitchen with a dining room.

Location

Facts and features

Type:
Commercial Sale
Parking:
19 to 30 Spaces / Ground Level
Year Built:
1955
Lot:
1.71 Acres
Heating:
No Data
Price/sqft:
$328
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Cooling

    • Wall/Window Unit(s)

    Appliances

    • Microwave

  • Parking

    • 19 to 30 Spaces

    • Ground Level

    Property

    • Levels: One

    Lot

    • Lot: 1.71 Acres

    Other Property Information

    • Parcel Number: 3029002003

    • Zoning: B4

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $10,387

  • Source details

    • MLS ID: O6184629

    Other facts

    • Construction Materials: Stucco / Wood Frame

    • Foundation Details: Slab

    • Lot Features: City Lot

    • Direction Faces: West

    • Living Area: 10683

    • Water Source: Public

    • Subdivision Name: SOUTHWOOD

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: INVESTORSALLY, LLC.