3,250 SqFt
3,250 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,250 sqft
Price per Sqft $153
Subdivision Inverness Village Unit 03
MLS Listing ID OM703880
Construction Status Completed
HOA Y/N No
Year Built 1983
Annual Tax Amount $4,940
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 40x180
Property Sub-Type Retail
Source Stellar MLS
Property Description
Strategically located along State Road 44, the site benefits from an impressive average daily traffic count of over 34,000 vehicles. It offers right-in/right-out access along the western side of the highway, as well as a rear exit via Forest Drive for street-to-street connectivity. This provides direct access to the signalized intersection at SR 44 and Independence Highway, where a new Wawa gas station has been approved. The property is also diagonally positioned across from Ashley Furniture and Nick Nicholas Ford, enhancing its exposure and synergy with national retailers.
The surrounding area features a strong mix of national and regional tenants including Publix, Winn-Dixie, McDonald's, Burger King, and the highly anticipated Aldi grocery store. It is also just minutes from essential civic institutions such as Inverness City Hall, the Citrus County Courthouse, DMV, and the Tax Collector's office. Regional access is excellent, with the recently extended $200 million Suncoast Parkway (589 Toll Road) providing a direct 60-minute drive to Tampa International Airport. Phase 3 of the Parkway's expansion is currently underway, extending access even further north.
The local demographics are compelling, with 46,361 residents living within a 15-minute drive, a median household income of $65,000, and an average age of 58—indicating strong demand for retail, healthcare, and service businesses. Citrus County itself is home to over 153,000 residents, with projected growth reaching 350,000 by 2030 under the County's updated Land Development Code. Spending patterns in the area are robust, with 66% of residents dining out regularly, 89% frequenting fast-food establishments, and annual healthcare expenditures exceeding $106 million.
Location
State FL
County Citrus
Community Inverness Village Unit 03
Area 34453 - Inverness
Zoning C
Direction W
Interior
Cooling Central Air
Exterior
Parking Features Parking Spaces - 13 to 18
Utilities Available Public
Roof Type Shingle
Building
Story 1
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Brick
New Construction false
Construction Status Completed
Others
Ownership Partnership
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://mls.ricoh360.com/822e145a-d060-45b7-a820-9a6e5c8eea3e
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