800 W Main Street

Retail-Commercial for Sale
Catylist Listing ID: 30364300
Property Subtypes: Convenience Store, Restaurant, Service Station/Gas Station
Building Size (RSF): 27,688 SF
Gross Building Area: See Agent
Gross Land Area: 1.72 Acres
Sale Price: $2,700,000
Unit Price: $97.52 PSF
Ceiling: 12 ft.
Property Use Type: Investment, Business
Building Name: Regions Bank Executive Center
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 6/14/2019

Overview / Comments

LOCATION! LOCATION! LOCATION! Prime Regions Bank Building in Downtown Inverness, Florida at the controlled intersection of Hwy 41 N and W Main Street (Hwy 44). This site is prime for redevelopment situated on 1.72 acres fronting W Main Street (Hwy 44). Subject property has main access to City Water and Sewer encompassing an entire City Block near major retailers such as Publix, Winndixie, Several QSR Restaurants, Citrus County Court House, Tax Collectors Office and Citrus Memorial Hospital. Hwy 41 is the main corridor bridging access to Ocala, Hernando and Dunnellon/Citrus Springs. Inverness is a thriving town with ample consumer expenditures.

Additional Details

Nearest MSA: Homosassa Springs
County: Citrus
Tax ID/APN: 20E19S180050 B0140 0010
Zoning: C
Retail Clientele: General, Business
Largest Nearby Street: Hwy 41 N & Hwy 44
Traffic/Vehicle Count: 25,000
Year Built: 1975
Roof Type: Other
Construction/Siding: Concrete, Stucco
Heat Source: Central
Legal Description: LA BELLE ADD TO CITY OF INVERNESS PB 1 PGS 29 & 55 BLK 14 INSE1/4 OF FRACT NE1/4 OF SEC 18-19-20 LESS US HWY 41 R/W AKASR 45 LESS PT A OF PCL 107 FOR

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,355 17,996 29,808
Median Age: 54.23 51.56 52.71
Households: 1,208 8,075 13,461

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