Prime commercial building redevelopment opportunity with 150’ of frontage on US Hwy 41/Florida Avenue (14,100 AADT). Located in Inverness City Limits, the SE corner of HWY 41 and Middle School Road features a 3,701 SF concrete block building built in 1953 with a new metal roof installed in 2019, a .86 acre (150’x258’) lot zoned C-Commercial, 11 parking spaces, 3 curb cuts (1 on US Hwy 41, and 2 on Middle School Rd), and .39 acres surplus yard space for parking expansion. Subject property’s interior features a lobby with double glass commercial entry doors, two large open floor spaces, enclosed storage area with a receiving door, 8’ high ceilings, 3 bathrooms (2 ADA bathrooms), and so much more. Easily accessible both north-and south-bound with full ingress and egress granted by a median cut located on Hwy 41 N. The Citrus County LDC under general commercial zoned property allows for the following land uses: retail, professional and medical office, car wash facilities, automotive, QSR/Restaurants, financial institutions and much more with a maximum lot coverage of 70% (.60 acres for impervious improvements such as building, driveways etc). Within a 5- 10 min drive time, consumer expenditures heavily support grocery, financial institutions, entertainment and recreation, automotive services and medical uses. The 2021 average household income is $53,872 within a 5 min drive time and $56,779 within a 10 min drive time.

General Information

Bedrooms:
Total Square Feet: 37631 Sq. Ft.
Price: $338000
Property Type: Commercial Sale
Bathrooms: 0
Lot Size: 0.86 Acres
Year Built: 1953
Style: