- Properties
- Meet our agents
- Communities
- Market Report
- Home Value
- Calculator
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1983
Sq.Footage
1,560
Located just outside the City Limits of Inverness, Florida, in Citrus County, this former drive-thru restaurant fronts US Highway 41 South (16,000 AADT) with 126 feet of frontage and offers street-to-street access to Southerly Avenue. Improvements include a 1,560 square foot CBS (concrete block and stucco) restaurant shell built in 1983, with 20 parking spaces, situated on 0.77 acres (126'x270') of prime GNC Commercial Zoned Property, allowing for a variety of commercial uses, including retail, office, restaurants, sit-down, and drive-thru, among others. This outstanding location is just a 3-minute drive south of the Historical Courthouse Square and Downtown area, Citrus Memorial Hospital, Citrus County High School, and elementary schools, Citrus County Courthouse, City Hall, Property Appraiser/Tax Collector offices, and the newly built Depot District and Liberty Park. This location provides access to a daily population of 60,000 during peak seasons. Centrally located, this site can be reached in just 6.7 miles from Floral City, 7 miles from Hernando, 10 miles from Lecanto, 12.5 miles from Beverly Hills, and only 18.1 miles from Crystal River. US Highway 41 is a federal highway and a prime logistics route that connects the Upper Peninsula of Michigan to Miami, Florida, and establishes a direct link between Citrus County and the nearest neighboring county of Hernando, just 17 miles away. Within a 15-minute drive from the subject property, you will find an ideal customer base of 46,361 residents, with an average age of 58 and a median household income of $65,000, growing at a rate of 2.83% annually. Strong market consumer expenditure data reveals that 66% of the residents dine out at restaurants or steakhouses, and an impressive 89% visit fast-food restaurants regularly. Additionally, considering the median age of 58, this demographic presents an attractive target for businesses in the food industry. Situated in Citrus County, which is presently home to 153,600 residents, the area is projected to experience exponential growth, with an estimated 350,000 residents under Citrus County's Land Development Code by 2030. As part of the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area (MSA), ranked as the 18th largest in the U.S., Citrus County stands out as one of the nation's premier real estate markets.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Concrete, Stucco
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Wooded
-
Lot Size(acres)
0.77
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$225,000
-
Tax Amount
$2,920.99
-
Zoning
GNC
-
Sq. Footage
1, 560
-
Price/SqFt
$144
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Foundation Details
Block, Slab
-
Ownership
Corporation
-
Sewer
Public Sewer
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Citrus
Elementary School
Middle School
High School
Listing Courtesy of Elias Kirallah , CENTURY 21 J.W.MORTON R.E.
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Executive Assistant
Emil Garinga
Call Emil today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.