Retail-Commercial for Sale
Call for Offers
Catylist Listing ID: 30680251
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 2,501 SF
Gross Building Area: See Agent
Gross Land Area: 0.45 Acres
Sale Price: $259,900
Unit Price: $103.92 PSF
Ceiling: 12 ft.
Property Use Type: Investment, Vacant/Owner-User
Building Name: PRIME HWY 44 RETIAL
Usable Size (USF): 2,501 SF
Sale Terms: Cash to Seller
Call for Offers: Yes
Cap Rate: Undisclosed
Average Occupancy Rate: 70
Last Updated: 4/16/2021

Overview / Comments

Prime multi unit commercial building of 2,500+ SF fronting Highway 44 at the SE corner of Highway 44 and Kim Lane beside Ashley Furniture Store. Permitted work includes window replacement in 2004, Re Roof in 2019 overall move in ready condition. Rent the remainder unit or occupy with your business this is a great opportunity entry point into the commercial real estate market. Just East of the controlled intersection of Crystal Blvd and Highway 44 W access via curb cut right in, right out on Hwy 44.

Additional Details

Nearest MSA: Homosassa Springs
County: Citrus
Taxing Authority: Citrus County Tax Collector
Tax ID/APN: 19E19S130030 00110 0010
Zoning: GNC
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Inverness and Crystal River
Property Visibility: Excellent
Largest Nearby Street: Highway 44 and Independence Highway.
Feet of Frontage: 100
Traffic/Vehicle Count: 31,500
Highway Access: Curb cut access right in and right out on Highway 44 and access via Kim Avenue.
Airports: Inverness Regional 5 Miles, Orlando International 60 Miles
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,501 SF
Property Condition: Excellent
Year Built: 1972
Year Renovated: 2013
Construction/Siding: Concrete
Total Parking Spaces: 15
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: General Neighborhood Commercial
Lot Frontage: 100
Lot Depth: 200
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Jason Mathew Lundy

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,724 15,243 32,869
Median Age: 46.27 50.86 52.71
Households: 1,217 6,677 14,394


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