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Key Details
Sold Price $250,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 1,120 sqft
Price per Sqft $223
Subdivision Inverness Town
MLS Listing ID OM658880
Sold Date 09/18/23
HOA Y/N No
Originating Board Stellar MLS
Year Built 1973
Annual Tax Amount $2,581
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 80x160
Property Description
Prime downtown location in Inverness, perfect for your business. Close to banks, restaurants, and shopping centers. Commercial zoning offers a wide range of usage options. Rare find on busy Hwy 41 with over 30,000 daily traffic count. The property sits on .29 acres of C/GNC commercial zoned land and features a 1,120 SF CBS mixed commercial building with 1,096 SF of covered exterior work area. Additionally, there is a 600 SF detached garage and a fenced-in lay down yard for extra parking.
Located just moments away from Historical Downtown Inverness, which houses prominent institutions such as the Citrus County Courthouse, Tax Collectors, and City Hall, this restaurant benefits from the vibrant activity in the area. The presence of national grocers like Publix, along with numerous thriving local businesses, reflects the bustling commercial environment. With approximately 70,000 daily visitors and a strong workforce, the region offers significant economic opportunities.
Citrus County is part of the Tampa-St. Petersburg Metropolitan Statistical Area (MSA) and ranks as the 18th largest MSA in the nation. The county's population is steadily growing, with 155,582 residents and an annual growth rate of 1.29%. As the 34th largest county in Florida, Citrus County holds tremendous potential for development, boasting over 60,000 approved vacant parcels for future projects. The county is also investing in utility expansion plans and improving infrastructure, including widening and enhancing key highways for better accessibility and connectivity. Notably, the recent completion of the 589-Toll Road extension to SR-44, with a planned extension to CR-486 scheduled for early 2023, further enhances accessibility and future growth potential.
Don't miss out on this exceptional opportunity for your business. Contact us today for more information.
Location
State FL
County Citrus
Community Inverness Town
Zoning C
Direction E
Interior
Cooling Central Air
Flooring Carpet
Exterior
Roof Type Metal
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block, Concrete, Stucco
New Construction false
Others
Ownership Corporation
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with CENTURY 21 J.W.MORTON R.E.