5195 E Silver Springs Boulevard, Silver Springs, FL 34488
sale
$799,000
|
Retail
Courtesy Of Century21 J.W. Morton Real Estate, Inc
Extensively renovated restaurant property located in the Ocala, FL MSA, ranked by the U.S. Census Bureau as the nation's fastest-growing metropolitan area in 2025. Positioned along SR 40, a principal east-west arterial traversing the Ocala metropolitan area, the property benefits from 2025 FDOT traffic counts of 21,963 AADT and is located within an established and expanding commercial corridor. Completely renovated in 2026, the property features substantial food-service infrastructure, including a Type I grease exhaust hood, automatic fire suppression system, multiple natural gas connections, stainless steel wall protection, fiberglass reinforced plastic (FRP) panels, ADA-compliant restrooms, and an existing commercial grease interceptor. Renovations also included new rough plumbing for a three-compartment sink, hand sink, mop sink, additional kitchen fixtures, and completed life safety improvements. These improvements reduce future tenant improvement costs for restaurants, bars, breweries, coffee shops, caterers, commissaries, bakeries, ghost kitchens, and other commercial food-service users. The +/-674 SF dining area accommodates approximately 45 occupants. An adjoining +/-285 SF flex space is suitable for storage, office, private dining, or additional seating. The property has historically held liquor, beer, and wine licenses, providing flexibility for future commercial uses, subject to applicable licensing and regulatory approvals. Marion County B-2 Community Business zoning permits a broad range of retail, service, hospitality, and select automotive uses. The property has also operated as general retail and as a two-suite multi-tenant building. Marion County's Special Use Permit (SUP) process may allow additional uses beyond those permitted by right. Natural gas, electric, public water, and public sewer are available. Located +/-0.6 miles from Silver Springs State Park, which welcomed more than 579,000 visitors in 2023, the property benefits from continued commercial investment along the corridor, including a new 105-room Home2 Suites by Hilton currently under development. Only +/-0.5 miles from the intersection of SR 40 and SR/CR 35-one of the busiest intersections in the Ocala metropolitan area-the property benefits from strong regional accessibility, traffic exposure, and convenient consumer access. The convergence of regional tourism, sustained residential growth, and continued commercial investment creates multiple independent demand drivers supporting long-term operational viability. The Ocala MSA ranked #36 among 200 large U.S. metro areas in the 2025 Milken Institute Best-Performing Cities Index and generated an estimated $16 billion regional GDP in 2023 (U.S. Bureau of Economic Analysis). The University of Florida projects Marion County's population to increase by as much as 30% by 2040, reinforcing the region's long-term demand for retail, restaurant, hospitality, and service-oriented commercial real estate.
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Property Features
- Age: 41-50 Years Old
- Cooling System: Central Air
- Exterior Type: Block
- Exterior Type: Brick
- Exterior Type: Stucco
- Floor Covering: Concrete
- Heating System: Heat Pump (Heating)
- Legal Description: SEC 01 TWP 15 RGE 22 COM AT NE CORO F SW 1/4 OF SEC 1 TH S 89-36-30 W 163.04 FT TH S 984.19 FT TH S 58-35-17 W 54.36 FT TO POB TH S 58-35-17 W 42.77 FT TH N 432.76 FT TH S 89-28-15 E 36.50 FT TH S 00-00-00 W 410.13 FT TO POB. SUB TO THAT EASEMENT TO CITY OF OCALA REC IN OR BOOK 1178-0862. TOGETHER WITH A DRA EASEMENT: COM AT NE COR OF SW 1/4 OF SEC 1 TH S 89-36-30 W 163.04 FT TH S 00-00-00 E 499.09 FT TO POB TH S 00-00-00 E 90.48 FT TH N 90-00-00 W 36.10 FT TH S 17-25-24 W 34.39 FT TH N 00-00-00 E 20 FT TO NE COROF TRACT A TH N 89-28-15 W 14.64 FT TH N 17-25-24 E 33.02 FT TH N 00-22-53 W 71.65 FT TH S 90-00 E 51.63 FT TO POB. & SHARED INGRESS/EGRESS EASEMENT: COM AT NE COR OF SW 1/4 OF SEC 1 TH S 89-36-30 W 163.04 FT TH S 00-00 W 984.19 FT
- MLSID: CC856388
- Roof Type: Shingle
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