Prime Location in Downtown Crystal River, FL!

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30809757
Property Subtypes: Mixed Use
Status: Pending
Building Size (RSF): 3,630 SF
Gross Building Area: See Agent
Gross Land Area: 0.17 Acres
Sale Price: $650,000
Unit Price: $179.06 PSF
Property Use Type: Net Leased Investment (NNN), Business
Building Name: Salty Girls Beach Shop
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 8/10/2022

Overview / Comments

Historical Downtown Crystal River real estate opportunity!!! Properties like this don't come along very often. The building that started it all, or at least started the Street Numbering in the area. This is The One, One US Hwy. 19 that is. This building is and always has been a cornerstone building in the downtown Crystal River historic district. At one time this building was a bank. From there it's been a couple of other retail outlets. The building is currently occupied by a long-term, at-will tenant who would like to stay, if possible. This tenant runs a very popular swimwear/outdoor apparel shop. Be a part of the positive changes happening in the Downtown Crystal River Community Business District. Average daily traffic counts are +15,000 trips per day!! There are not many places in Crystal River and the surrounding area that get more foot traffic than this location. Just across Hwy 19, and caddy-corner to this property is the recently completed(July 2020) Crystal River Town Square. This city park is complete with a large open greenspace, restrooms, a walking Trail, fountain, splash pad park, On-Site, and Handicap Parking. This park is home to year-round events which will continue to attract many, many in-town and out-of-town guests. Keep in mind, that the building is nearly 75 years old. Renovations will be needed to make it everything it can, and should be. There is a small parking lot with about 6-7 spaces located on the north side of the building accessed by Citrus Ave.

Additional Details

Nearest MSA: Homosassa Springs
County: Citrus
Taxing Authority: Citrus County
Tax ID/APN: 17E18S210060 0210
Zoning: CG
Property Visibility: Excellent
Traffic/Vehicle Count: 15,100
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1948
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 5
Parking Type: Surface
Heat Type: Electricity
In Flood Plain?: Yes
Lot Frontage: 100'
Lot Depth: 75'
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SYLVAN GLEN ADD TO CRYSTAL RIVER E1/2 OF LOTS 21 & 22

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 762 6,812 19,400
Median Age: 55.12 51.88 52.85
Households: 361 3,072 8,640

Contact

Photograph of Listing Agent

David Bramblett

Active Agent Realty, LLC
CE-FL Member
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