This Office Property is no longer advertised on LoopNet.com.

108 N Magnolia Ave
Ocala, FL 34475
Marion Sovereign · Office Property For Sale

Executive Summary

Professional office suite located in the Historic “Sovereign Building” which was built originally as The Marion Hotel and opened in 1927. The building has unique Spanish style elements and a large ground floor common entry area with elevator banks and stairwells. The Sovereign Building has 7 stories that overlook downtown Ocala. Suite 403 is located on the 4th floor and is a corner unit overlooking the Historic Downtown Ocala Square skyline. This Suite has 882 SF per the Marion County Property Appraiser. Office layout consists of open reception or sitting area, 3-4 offices depending on how used, and second admin or clerical space outside two offices. Suite has access through hallway to common area restrooms on 4th floor and emergency exit/stairwell. The 4th Floor lobby outside elevators has large common sitting area. The downtown area is seeing a lot of growth currently and this location is perfect for walking with easy access to food, shopping, entertainment and nightlife. Tons of parking in this area, including street, free public lots and fee based reserved lots.

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Property Type Office
Building Class B
Lot Size 0.60 AC
Rentable Building Area 70,485 SF
No. Stories 7
Year Built 1927
Parking Ratio 0.35/1,000 SF
APN / Parcel ID 2854-043-003
Zoning B3 - Business Office
  • Listing ID: 22453532

  • Date on Market: 3/11/2021

  • Last Updated:

  • Address: 108 N Magnolia Ave, Ocala, FL 34475

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}