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- LoopNet Team
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
| Property Type | Office | No. Stories | 7 |
| Building Class | B | Year Built | 1927 |
| Lot Size | 0.60 AC | Parking Ratio | 0.35/1,000 SF |
| Rentable Building Area | 70,485 SF | APN / Parcel ID | 2854-043-003 |
| Zoning | B3 - Business Office | ||
| 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
The Downtown Ocala Office Property at 108 N Magnolia Ave, Ocala, FL 34475 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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