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$699,900
Est. payment /mo
3,200 SqFt
UPDATED:
12/06/2024 01:11 AM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $218
Subdivision Inverness Village Unit 03
MLS Listing ID OM677407
HOA Y/N No
Originating Board Stellar MLS
Year Built 1985
Annual Tax Amount $6,360
Lot Size 0.460 Acres
Acres 0.46
Lot Dimensions 100x200
Property Description
Newly renovated modern executive office building located on the busy commercial corridor of Citrus County on SR 44 Inside the City Limits of Inverness, Florida. This spacious building is a total of 3,200 SF and built of Concrete Block Construction with a stucco exterior inclusive of Four private offices, a reception area with storage, a copy area and mailroom, a large executive conference room, an enormous lobby, a breakroom for employees, and three restrooms are all situated on 0.46 acres of General Commercial Zoned Property.
The property features 32 parking spaces and full ingress and egress access from SR 44, with a traffic count of 29,500 AADT. . The building has been gutted and rejuvenated to a new office space with a new HVAC, wood floor finishes, trim, elite lighting, new windows and a metal roof that was installed in 2015. This centralized location is easily accessible to nearby Historic Inverness Downtown (2.2 miles/4 min DT) which is home to Citrus County Tax Collector, Court House, City Hall, and Citrus Memorial Hospital. Additionally the subject property provides access to thriving 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 experience exponential growth, with the population estimated to reach 350,000 under the County’s Land Development Code by 2030.
As part of Tampa–St. Petersburg–Clearwater MSA, the 18th largest metropolitan area in the United States, Citrus County stands out as one of the nation’s premier real estate markets. The City of Inverness has made substantial investments in revitalization, including the development of newly constructed lakefront parks such as Liberty Park, Wallace Brooks Park, and the Depot District. With the recent $135 million expansion of the Suncoast Parkway and its future extensions, Citrus County is positioned for significant growth within the Tampa MSA. Within a 15-minute drive of the property, an ideal customer base of 46,361 residents awaits, with an average age of 58 and a median household income of $65,000.
The property features 32 parking spaces and full ingress and egress access from SR 44, with a traffic count of 29,500 AADT. . The building has been gutted and rejuvenated to a new office space with a new HVAC, wood floor finishes, trim, elite lighting, new windows and a metal roof that was installed in 2015. This centralized location is easily accessible to nearby Historic Inverness Downtown (2.2 miles/4 min DT) which is home to Citrus County Tax Collector, Court House, City Hall, and Citrus Memorial Hospital. Additionally the subject property provides access to thriving 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 experience exponential growth, with the population estimated to reach 350,000 under the County’s Land Development Code by 2030.
As part of Tampa–St. Petersburg–Clearwater MSA, the 18th largest metropolitan area in the United States, Citrus County stands out as one of the nation’s premier real estate markets. The City of Inverness has made substantial investments in revitalization, including the development of newly constructed lakefront parks such as Liberty Park, Wallace Brooks Park, and the Depot District. With the recent $135 million expansion of the Suncoast Parkway and its future extensions, Citrus County is positioned for significant growth within the Tampa MSA. Within a 15-minute drive of the property, an ideal customer base of 46,361 residents awaits, with an average age of 58 and a median household income of $65,000.
Location
State FL
County Citrus
Community Inverness Village Unit 03
Zoning C
Interior
Cooling Office Only
Flooring Ceramic Tile
Exterior
Parking Features Parking Spaces - 19 to 30
Utilities Available Public
Roof Type Shingle
Building
Story 1
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Brick
New Construction false
Others
Ownership Corporation
Special Listing Condition None
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Listed by CENTURY 21 J.W.MORTON R.E.