Historic Inverness Property

Office for Sale
Catylist Listing ID: 30726851
Property Subtypes: Medical, Mixed Use, Flex Space, Office Building
Building Size (RSF): 1,464 SF
Gross Building Area: See Agent
Gross Land Area: 0.30 Acres
Sale Price: $219,900
Unit Price: $150.20 PSF
Property Use Type: Investment
Building Name: Historic Inverness Property
Usable Size (USF): 1,464 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/1/2021

Overview / Comments

Shortly after Inverness was incorporated in the year 1919, this spacious 1,464 SF location was built. Nearly 100 years later, this historical location continues to thrive due to the amenities and opportunities it holds! Situated on a double lot that includes a double car garage and concrete driveway for convenient parking. Alterations consist of a new roof in 2017 and a handicap-accessible ramp in the rear of the building. Half a mile from the downtown area and major U.S. Highways 41 & 44, current tenants benefit from Daily Traffic Counts of 40,500! A few of the national retailers in less than a mile radius include Publix, Wendy's, Taco Bell, CVS, and Walgreens. Citrus Memorial Hospital is the leading provider of healthcare in the county and is approximately 0.5 miles from the subject location. Citrus County is preparing for the expected spike in business due to the $135 million Suncoast Parkway Extension that is expected to be complete in 2022.

Additional Details

Nearest MSA: Homosassa Springs
County: Citrus
Taxing Authority: Citrus County Tax Collector
Tax ID/APN: 20E19S170040 000B0 0030
Zoning: LMD
Property Located Between: Emery St.-Zephyr St.
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,464 SF
Year Built: 1925
Year Renovated: 2007
Parking Type: Surface
Parking Description: Double car garage and concrete driveway
Air Conditioning: Evaporative Cooler
Lot Frontage: 100'
Lot Depth: 260'
Sewer Type: Municipal
Legal Description: LAKE VIEW ADD TO INVERNESS PB 1 PG 39 LOTS 3 & 4 BLK B

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,355 20,104 29,808
Median Age: 54.23 50.57 52.71
Households: 1,208 8,952 13,461

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