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29 NE 1ST AVENUE

Commercial Recently Sold
$1,850,000

BTC: 29.83822842

ETH: 584.13612582

Sold on: 2024-04-18
24 days
0 room(s)
10,240 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Great downtown investment opportunity. Property consist of two downtown retail units and 3 upstairs luxury apartments with designated parking. Property is fully leased and generating approx. $132,000 in annual income after expenses. Sale Price reflects a 6.75% cap rate for commercial and residential income.

Location

Florida • OCALA • 34470 • Commercial • Recently Sold

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1917
Lot:
0.15 Acres
Heating:
No Data
Price/sqft:
$190
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Cooling

    • Central Air

  • Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 2823064001

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $20,376

  • Source details

    • MLS ID: OM674891

    Other facts

    • Construction Materials: Block / Brick / Stone / Stucco / Wood Frame

    • Foundation Details: Crawlspace

    • Living Area: 10240

    • Lot Size Dimensions: 56 x 116

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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: GUS GALLOWAY REALTY INC