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$49,200
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Property Description
For Lease in the heart of Downtown Ocala, this 2,000 ± SF commercial space located at 42 S Magnolia Avenue, Ocala, FL 34471 offers excellent visibility and walkability within the city's historic district. The property features a charming storefront with prominent frontage along Magnolia Avenue, providing outstanding exposure to both pedestrian and vehicle traffic. Ideal for a variety of uses such as retail, boutique showroom, professional office, or specialty service, this space combines downtown charm with functional versatility. Tenants will enjoy being within walking distance to numerous restaurants, shops, and professional services, creating a vibrant environment perfect for business growth. This is a rare opportunity to secure a high-profile location in Ocala's thriving downtown corridor.
Full Property Details
Full Property Details for 42 S Magnolia Ave
General
- Sold For: $49,200
- Taxes: $11,250 (2024)
- Status: Closed
- Type: Commercial Lease
- Source: MidFloridaRegionalMLS
- MLS ID: OM712563
- Added to Site: 78 day(s) ago
Rental Information
- Lease/Rent Term: 3 to 5 Years
Location
- Area: 34471 - Ocala
- County: Marion
- Development Name: 34471 - Ocala
- Subdivision: OCALA
- Driving Directions: From downtown Ocala - Head S on S Magnolia Ave - Property on the Right
Community
- Community Name: 34471 - Ocala
Heating & Cooling
- Cooling Type: Central Air
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Brick
- Square Feet: 4,000
- Sq. Ft. Source: Public Records
- Living Area: 4,000 Sq. Ft.
- Year Built: 1886
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Lot Size: 2614
- Frontage: City Street
- Street/Road Desc.: Brick
Financial Considerations
- Tax Amount: $11,250.27
- Tax Year: 2024
Disclosures and Reports
- Legal Description: SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 001 OLD SURVEY OCALA COM 53 1/2 FT S OF NE COR BLK 46 TH S 27.7 FT TH W 105 FT TH N 27.7 FT TH E 105 FT TO THE POB EXC COM AT THE NE COR OF BLK 46 TH S 00-04-21 W 53.50 FT TO THE POB TH S 00-04-21 W 2.67 FT TH N 89-56-16 W 105 FT TH N 00-01-24 E 2.67 FT TH S 89-56-16 E 105 FT TO THE POB
- Flood Zone Info: X
- APN: 2853046003
- Property ID: 2853046003
- Block/Lot/Section: 46
Listed by Gus Galloway Realty Inc
Sold by Gus Galloway Realty Inc
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Schools
Schools serving 42 S Magnolia Ave
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Eighth Street Elementary School 513 Southeast 8th Street, Ocala, FL 34471 | PK-5 | 0.4 mi |
Osceola Middle School, Ocala, FL 526 Southeast Tuscawilla Avenue, Ocala, FL 34471 | 6-8 | 0.3 mi |
Vanguard High School 7 Northwest 28th Street, Ocala, FL 34475 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 42 S Magnolia Ave
Date
Details
Price
Change
Source
1/01/2026
Sold
$49,200
1100%
MLS
11/04/2025
Price Increased
$4,100
36.67%
MLS
10/30/2025
Listed
$3,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
42 S Magnolia Avenue, Ocala, FL 34471 (MLS# OM712563) is a Commercial Lease property that was sold at $49,200 on January 01, 2026. Want to learn more about 42 S Magnolia Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

