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$3,100,000

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32,608 SqFt

Active

315 S US HIGHWAY 41 Inverness, FL 34450

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Donna Calhoun

donna@calhoungrouprealestate.com +1(407) 329-6253

UPDATED:

06/04/2024 04:13 AM

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

Square Footage 32,608 sqft

Price per Sqft $95

Subdivision Inverness Town

MLS Listing ID OM679344

HOA Y/N No

Originating Board Stellar MLS

Year Built 1971

Annual Tax Amount $20,191

Lot Size 3.200 Acres

Acres 3.2

Lot Dimensions 330x540

Property Description

This is a rare opportunity to secure one of the last remaining large parcels in the main commercial corridor. Situated just off the controlled intersection of US Hwy 41/W Main Street interchange (25,500 AADT) and SR 44/E Gulf to Lake Hwy (17,500 AADT), the property spans 3.09 acres with over 330 feet of highway frontage and a combined traffic area of over 71,500 cars daily in the City Limits of Inverness with City Water and Sewer. Zoned C-Commercial allows the highest density of development for commercial enterprise in Citrus County Land Development Code. The subject property is easily accessible, with full ingress and egress via a median curb cut from southbound traffic and right-in access for northbound traffic. It is located at the nexus of W Main Street, US Hwy 41, and SR 44, which connects to I-75 within 15 miles to the east. Current improvements on the subject property include a mixed-use retail and warehouse facility with over 32,608 square feet, 3-phase electric, and 25-foot ceilings in the warehouse area. It also features two 20’x20’ grade-level doors and full pull-through access for large box trucks and other commercial vehicles. Additionally, approximately 1.9 acres of the site serve as a fenced laydown storage yard. This massive retail hub of Downtown Inverness benefits from a collective pool of consumers from well-known national and regional retailers such as Winn-Dixie, Future Aldi's, Publix, McDonald's, Burger King, and many more. Beyond the retail offerings, you will find the City Hall of Inverness, Citrus County Tax Collectors, Property Appraisers, Department of Vehicles, and the Citrus County Courthouse. The City of Inverness has recently invested heavily in beautifying the town, including the newly constructed lakefront parks: Liberty, Wallace Brooks, and the Depot District. With the recent $135 million expansion of the Suncoast Parkway and future extensions, Citrus County is poised for historic growth within the Tampa MSA. Just a 15-minute drive from the property, an ideal customer base of 46,361 residents with an average age of 58 and a median household income of $65,000 awaits. Strong market consumer expenditures reveal that 66% of residents dine out at restaurants/steakhouses, and 89% frequent fast-food restaurants. Moreover, given the median age of 58, the area's population has spent over $106 million on healthcare services. The property offers access to flourishing populations in Floral City (5 miles), Lecanto (12.3 miles), Beverly Hills (15.1 miles), Crystal River (16.6 miles), and Homosassa (18.8 miles). As part of Citrus County, currently home to 153,600 residents, the area is projected to experience exponential growth, reaching an estimated 350,000 residents under Citrus County’s Land Development Code by 2030. Positioned within the Tampa–St. Petersburg–Clearwater MSA, ranked as the 18th largest in the U.S., Citrus County emerges as one of the nation's premier real estate markets.

Location

State FL

County Citrus

Community Inverness Town

Zoning C

Interior

Cooling Central Air

Flooring Concrete

Exterior

Garage Parking Spaces - 19 to 30

Waterfront false

Parking Type Parking Spaces - 19 to 30

Building

Lot Description Central Business District, Corner Lot

Story 1

Entry Level One

Foundation Slab

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public

Structure Type Block,Metal Frame,Metal Siding

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by CENTURY 21 J.W.MORTON R.E.

With a passion for the real estate industry and a personal commitment to understanding the unique desires of home buyers, we are dedicated to making the process of purchasing a home a personalized and fulfilling experience. Our comprehensive knowledge of the Central Florida real estate market is more than just professional expertise—it's a foundation built on the belief that every transaction is a milestone in a client's life.

+1(407) 329-6253

donna@calhoungrouprealestate.com

6900 Turkey Lake Rd, Orlando, FL, 32819, USA

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BUYER SERVICES

Service is at the heart of everything we do, we are committed to guiding clients through every step of the real estate journey with personal attention and professional care. We're here to help you find the home of your dreams. Whether you are looking for your primary home, second home or investment property... With our professional expertise we will guide you every step of the way, our extensive knowledge and experience will ensure you have the best home buying experience possible.

SELLER SERVICES

We take the stress out of selling your home by providing a seamless experience from start to finish. Our team will put you in the best position to market your home and sell it for the highest possible price.

Donna Calhoun

315 S US HIGHWAY 41 Inverness, FL 34450

Donna Calhoun

Key Details

Location

Interior

Exterior

Building

Others

FOR MORE INFORMATION

BUYER SERVICES

SELLER SERVICES

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315 S US HIGHWAY 41