PRICE REDUCED $140,000!! What a location!! Unique opportunity to purchase 2.55 acres with RIO (residential, institutional, office) zoning allowing you to live where you work or have a business. 4bed/1.5 bath home has classic "Ocala block" construction with wood burning fireplace, solid wood kitchen cabinetry, engineered hardwood flooring, and a Florida room to enjoy Florida's great climate. Seller reports the roof was installed on the home in 2018. Property is securely fenced with 6' commercial style chain link fencing around the entire perimeter. Also included on the site is a former butcher/meat processing commercial building with 2616 square feet of space and includes 3 cold storage rooms, office and warehouse space. There is a large detached garage and workshop with 2160 square feet under roof offering lots of storage or room for extra cars. Detached garage also features a 1/2 bath and workshop area. This would make a great family compound or investment property for future development of apartments, townhomes, duplexes, or triplexes. Located in the Dade City limits with city water and sewer available. Current city zoning and land use allows multifamily with a maximum density of 19 residential units per acre. Excellent location next door to local high school and 2 blocks from local hospital. Public bus route runs by the site and bus stop is just 2 blocks away.