5195 E Silver Springs BOULEVARD
Silver Springs, FL, 34488 $ 799,000
Bedrooms-- Baths-- Sq 2,552 Monthly Estimate*
$ 5,518
for $799,000. This 2,552 square foot building was built in 1983 on a lot size of 0.35.
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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FeaturesGeneralSewer Public Sewer
Heating Heat Pump
Cooling Central Air
Utilities BB/HS Internet Available
Possession Close Of Escrow
Roof Shingle
Zoning OOC
Construction Materials Brick Block Stucco
Year Built 1983
Electric 200+ Amp Service
Property Subtype Retail
Tax Year 2025
Business Type Bar/Tavern/Lounge Mixed Restaurant
Accessibility Enhanced Accessible
County Marion
New Construction false
Property Type Commercial Sale
Attached Garage false
Energy Efficient Windows
Facing Direction East
Garage Y/N false
Total Rooms 0
Status Active
Directions East on SR 40 between NE 49th Ter. and NE 52nd Ct. Asset is on the left.
City Silver Springs
Lot Size Units Square Feet
Lot Size Square Feet 15246
Carport Y/N false
Listing Terms Cash Conventional Lease Option
Tax Annual Amount 3370.08
Home Warranty Y/N false
Additional Parcels Y/N false
Standard Status Active
Occupancy Type Vacant
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
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Y
DockY/N false
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InteriorInterior Amenities Solid Surface Counters
Flooring Concrete
Air Conditioning Y/N true
Heating Y/N true
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ExteriorFencing Barbed Wire Chain Link
Parking Features Open
Lot Features Cleared Level
Water Source Public
Lot Size Area 15246
Building Area Total 2552
Lot Size Acres 0.35
Waterfront Y/N false
Road Frontage Type State Road
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* Excluded FeaturesList ByCentury 21 J.W.Morton R.E.Broker
rich@fernleyproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,518
- Monthly Property Taxes
- $281
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Silver Springs, FL
Average List Price $769,233
Percent of Sale Price 4%
About Silver Springs, FL 10,311 Population
5% Since 2002
$ 29,747 Median Income
50.66 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/3/2026 | $799,000 | | Listed Price |