517 Ella Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30364333
Property Subtypes: Service Station/Gas Station, Vehicle Related
Building Size (RSF): 900 SF
Gross Building Area: See Agent
Gross Land Area: 1.98 Acres
Sale Price: $175,000
Unit Price: $194.44 PSF
Ceiling: 8 ft.
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/15/2019

Overview / Comments

Rare opportunity to own 1.98 acres in Downtown Inverness ready for development! 517 Ella Ave, also known as Joe’s Garage, is located just off Turner Camp Road. It is next door to Inverness Middle School and Inverness Club Senior Apartments. Being centrally located with easy access to shopping, schools, and Citrus Memorial Hospital, this is the perfect opportunity for a Multi Family development. Subject features a 900 SF mechanic shop with a 1,200 SF canopy with hydraulic lifts and much more.

Additional Details

Nearest MSA: Homosassa Springs
County: Citrus
Tax ID/APN: 20E19S07 23210
Zoning: RO
Retail Clientele: General, Business, Other
Year Built: 1969
Construction/Siding: Wood Siding

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,385 16,618 30,693
Median Age: 56.58 50.81 52.46
Households: 1,261 7,399 13,680

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