Remarks

Located on the heavily traveled SR 44 corridor (29,560 AADT), connecting Citrus County to the city limits of Inverness, Florida, this property offers a prime commercial location. Situated at the corner of Central Avenue and SR 44, the site encompasses 0.86 acres with 120 feet of highway frontage. Included in this offering is a beautifully remodeled 3,648 SF mixed-use general commercial building, featuring 22 parking spaces and a prominent elevated monument sign for maximum visibility.

The property is strategically positioned to benefit from the newly extended Suncoast Parkway, with additional extensions planned. Citrus County is on the cusp of historic growth, driven by its inclusion in the rapidly expanding Tampa MSA. This vibrant commercial hub in Downtown Inverness draws consumers from established national and regional retailers, including Winn-Dixie, future Aldi's, Publix, McDonald's, and Burger King. Additionally, the property is in close proximity to key government offices such as the City Hall of Inverness, Citrus County Tax Collector, Property Appraiser, DMV, and the Citrus County Courthouse.

Recent investments by the City of Inverness have further enhanced the area's appeal, including newly developed lakefront parks like Liberty Park, Wallace Brooks Park, and the Depot District. Within a 15-minute drive, the property taps into a robust customer base of 46,361 residents with a median household income of $65,000 and an average age of 58.

The site provides convenient access to growing nearby communities, including Floral City (5 miles), Lecanto (12.3 miles), Beverly Hills (15.1 miles), Crystal River (16.6 miles), and Homosassa (18.8 miles). Citrus County, currently home to 153,600 residents, is projected to nearly double its population to 350,000 by 2030 under its Land Development Code.

Details

MLS#: 839114
Price: $1,375,000

Style: Office
Year Built: 1985

County: Citrus
Subdivision: Not On List
Lot Size: 120x245
Tax Fee: 10515.3899999999994