Eric Chery
Office

Commercial Lease · Office

$48,0001,800 sq ft$27 /sq ft0.44 acres

120 SW BROADWAY STREET, OCALA, FL, 34471

Active367 days on marketListed Aug 1, 2025MLS #OM706693

About this property

The property at a glance

Now leasing: four beautifully remodeled 900 SF office suites located at 120 SW Broadway St in the heart of downtown Ocala. These professional spaces offer a rare combination of charm, functionality, and convenience, ideal for a variety of businesses including legal, financial, creative, or wellness services. Each unit has been thoughtfully updated with modern finishes while preserving the character of the original structure. Tenants will enjoy the benefit of designated on-site parking—an uncommon and highly valuable feature in the downtown core. Positioned just steps from popular restaurants, retail, and the courthouse, this location offers high visibility and walkability, making it a perfect home for growing businesses or satellite offices. Don’t miss the opportunity to secure a remodeled, move-in ready space in one of Ocala’s most desirable professional corridors.

1,800

Building sq ft

$27

Price / sq ft

0.44

Lot acres

1920

Year built

1

Building

FBC

Zoning

Office

Property type

Building size1,800 sq ft
Lot size0.44 acres
Year built1920
Buildings1
ZoningFBC
ConstructionBlock
CoolingCentral Air
Annual taxes$31,329

The numbers

Investment snapshot

NNN

Lease structure

3 to 5 Years

Lease term

Estimated payment (illustrative)

Down payment25% · $12,000
Interest rate6.00%
Loan term

Estimated payment

$2,987/mo

Principal & interest$216
Property taxes (actual bill)$2,611
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Eric to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

41,500vehicles / day · 2025Sw 10 St to W Silver Sprngs Blvd · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

The KeepRestaurant0 mi
Stella's Modern PantryRestaurant0 mi
District Bar and KitchenRestaurant0 mi
Black Sheep on BroadwayRestaurant0 mi
Marley Mae Market & PaperieRetail0.1 mi
Ivy on the SquareRestaurant0.1 mi
StarbucksRestaurant0.1 mi
Mark's Prime SteakhouseRestaurant0.1 mi
Brick City Southern KitchenRestaurant0.1 mi
The Lodge Brick City Craft Pub & EateryRestaurant0.1 mi
Shannon Roth Co.Retail0.1 mi
O'Malley's AlleyRestaurant0.1 mi
My QuateRestaurant0.1 mi
The Bubble BarRestaurant0.1 mi
Downtown Billiards IncRestaurant0.1 mi
Harry'sRestaurant0.1 mi
RaceTracGrocery0.1 mi
Hilton Garden Inn Ocala DowntownLodging0.2 mi
Taco N' MadreRestaurant0.2 mi
Shamrock Cove InnLodging0.2 mi
Cricket WirelessRetail0.2 mi
Wing StationRestaurant0.3 mi
SouthState BankBank0.4 mi
Evergreen MotelLodging0.4 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

26,031

Population

$60,283

Median income

44.2

Median age

2.31

Avg household

$292,200

Median home value

$1,225/mo

Median rent

2,491

Households w/ kids

Recent sales

What actually sold near 120 SW BROADWAY STREET

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

2801 SW COLLEGE ROAD UNIT 19

$30,000

2801 SW COLLEGE ROAD UNIT 19

1,800 sqft · $17/sqft · Sold Jul 1, 2025

3300 SW 34TH AVENUE UNIT 120

$21,437

3300 SW 34TH AVENUE UNIT 120

1,649 sqft · $13/sqft · Sold Oct 14, 2024

215 SE 8TH STREET

$24,000

215 SE 8TH STREET

1,565 sqft · $15/sqft · Sold Sep 1, 2024

Your team

The pros in your corner

Eric Chery

Your agent

Eric Chery

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 120 SW BROADWAY STREET — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 120 SW BROADWAY STREET.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Eric's phone and CRM.

Goes straight to Eric’s phone and CRM.

Listing courtesy of GUS GALLOWAY REALTY INC · Nolan Galloway, III. MLS #OM706693.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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