Commercial Lease · Retail
304 S MAGNOLIA AVENUE, OCALA, FL, 34471
Active149 days on marketListed Mar 6, 2026MLS #OM720256
About this property
The property at a glance
Situated near the heart of Downtown Ocala, 304 S Magnolia Ave offers 6,110 ± square feet of commercial space positioned on ± 0.60 total acres with multiple street frontages and dedicated parking. The main building sits on ± 0.30 acres with frontage along S Magnolia Ave and SW 3rd Street, providing strong visibility and access. An adjacent ±0.30-acre vacant, unpaved parking lot is included, fronting SW 3rd Street and SW 1st Avenue, delivering rare captive parking capacity for a downtown-adjacent property. Zoned FBC (Form-Based Code), the property supports a wide range of commercial, office, retail, and service uses. The combination of flexible zoning, dual street exposure, and on-site parking makes this an ideal location for professional office users, medical, showroom, or service-oriented businesses seek-ing proximity to Downtown Ocala with ample parking and access.
6,110
Building sq ft
$18
Price / sq ft
0.3
Lot acres
1924
Year built
1
Building
Retail
Property type
The numbers
Investment snapshot
NNN
Lease structure
3 to 5 Years
Lease term
Estimated payment (illustrative)
Estimated payment
$1,520/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
26,031
Population
$60,283
Median income
44.2
Median age
2.31
Avg household
$292,200
Median home value
$1,225/mo
Median rent
2,491
Households w/ kids
Recent sales
What actually sold near 304 S MAGNOLIA AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$14,400
1913 NE 14TH STREET
6,120 sqft · $2/sqft · Sold Apr 24, 2026
$49,200
42 S MAGNOLIA AVENUE
4,000 sqft · $12/sqft · Sold Jan 1, 2026
$399,000
1255 E SILVER SPRINGS BOULEVARD
3,817 sqft · $105/sqft · Sold Jun 9, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 304 S MAGNOLIA AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 304 S MAGNOLIA AVENUE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of GUS GALLOWAY REALTY INC · Nolan Galloway, III. MLS #OM720256.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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