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.
Property Details
Price:
$3,100,000
MLS #:
OM679344
Status:
Active
Beds:
0
Baths:
0
Address:
315 S US HIGHWAY 41
Type:
Commercial
Subtype:
Warehouse
Subdivision:
INVERNESS TOWN
Neighborhood:
34450 – Inverness
City:
INVERNESS
Listed Date:
Jun 3, 2024
State:
FL
Finished Sq Ft:
32,608
Total Sq Ft:
32,608
ZIP:
34450
Lot Size:
139,392 sqft / 3.20 acres (approx)
Year Built:
1971
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
More About GaryMortgage Calculator
Schools
Interior
Cooling
Central Air
Flooring
Concrete
Exterior
Construction Materials
Block, Metal Frame, Metal Siding
Parking Features
19 to 30 Spaces
Financial
Tax Year
2023
Taxes
$20,191
Map
Community
- Address315 S US HIGHWAY 41 INVERNESS FL
- SubdivisionINVERNESS TOWN
- CityINVERNESS
- CountyCitrus
- Zip Code34450
Similar Listings Nearby
Courtesy of CENTURY 21 J.W.MORTON R.E.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
315 S US HIGHWAY 41
INVERNESS, FL
LIGHTBOX-IMAGES