Commercial Sale · Mixed Use
118 NE TUSCAWILLA AVENUE, OCALA, FL, 34470
Active165 days on marketListed Apr 9, 2026MLS #OM722407
About this property
The property at a glance
Charming Historic Women’s Club of Ocala | Endless Possibilities in the Heart of Ocala!!! Own a true piece of Ocala history with the iconic former Women’s Club, built in 1914 and ideally located in the highly sought-after Historic Tuscawilla District, just moments from Downtown Ocala and adjacent to Tuscawilla Park. Nestled within the city’s dynamic Midtown Revitalization area, this property is surrounded by a growing collection of new businesses, dining, and cultural destinations. Zoned FBC (Form-Based Code), this unique property offers exceptional flexibility for residential, commercial, or multi-family use—making it an outstanding opportunity for investors, entrepreneurs, or visionaries seeking a one-of-a-kind space. Inside, you’re welcomed by a charming entryway flanked by two versatile rooms, perfect for offices, meeting spaces, or private suites. The interior showcases original hardwood floors complemented by select updates, preserving its historic character while enhancing functionality. The expansive main hall is truly the centerpiece, featuring soaring cathedral ceilings and a stage—ideal for events, performances, or creative reimagination. Additional highlights include two separate multi-stall restrooms, a storage loft, and handicap accessibility via a rear deck with ramp. This property qualifies for a Community Redevelopment Agency (CRA) grant which can be applied for through the City of Ocala, offering added value and potential for improvements. With its rich history, flexible zoning, and prime location in a rapidly evolving district, this property presents a rare opportunity to create something extraordinary. The possibilities here are truly endless.
3,639
Building sq ft
$91
Price / sq ft
0.17
Lot acres
1914
Year built
1
Building
FBC
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$2,073/mo
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 Donna to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
21,521
Population
$49,592
Median income
40.1
Median age
2.29
Avg household
$171,500
Median home value
$1,124/mo
Median rent
2,267
Households w/ kids
Recent sales
What actually sold near 118 NE TUSCAWILLA AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$55,200
3273 NW 27TH AVENUE
2,989 sqft · $18/sqft · Sold Mar 9, 2026
$350,000
2510 SE 1ST AVENUE
3,822 sqft · $92/sqft · Sold Oct 31, 2024
$150,000
2360 NW 10TH STREET
2,316 sqft · $65/sqft · Sold Aug 10, 2026
Your team
The pros in your corner
Your agent
Donna Layton
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 118 NE TUSCAWILLA AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 118 NE TUSCAWILLA AVENUE.
See it in person
Schedule a tour
Live availability from Donna's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of SANCTUARY SOUTH REALTY · Amy Denesha. MLS #OM722407.
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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