Retail at 304 S MAGNOLIA AVE, OCALA
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17 photos

$106,925

304 S MAGNOLIA AVE
OCALA, FL 34471
Listed by Nolan Galloway, III · GUS GALLOWAY REALTY INC
Bedrooms
N/A
Bathrooms
N/A
Living area
6,110 sqft
Year built
1924

About this home

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.

Property details

MLS #
MFROM720256
Property type
Retail
Subdivision
N/A
Status
Active
Days on market
200
On market date
March 6, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.3 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
EIGHTH STREET ELEMENTARY SCHOOL
0.37 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
405
Student:teacher ratio
15.6:1
District
MARION
Middle
OSCEOLA MIDDLE SCHOOL
0.27 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
963
Student:teacher ratio
20.1:1
District
MARION
High
PACE CENTER FOR GIRLS INC.
0.43 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
42
Student:teacher ratio
14.0:1
District
MARION

Walkability

Blended score for OCALA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

91
Highly walkable
out of 100
EPA National Walkability Index
17.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores10
Parks15
Schools20
Transit stops20
Pharmacies12

Market position

How this listing compares to current activity in OCALA, from live MLS data.

On the market 200 days -- 100 more days than OCALA's current average of 100 days.
For reference, the median list price across 4,870 active listings in OCALA right now is $249,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$794/mo
$21,385 down
$85,540 loan
Principal & interest$555
Property tax (est.)$89
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 17 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.