Property Listing No Longer Available for Sale

3506 E Gulf To Lake Highway

Inverness, FL

Others for Sale - $399,000


Property Info

CIMLS#1132069
Location
  3506 E Gulf To Lake Highway
  Inverness FL 34453
UpdatedMarch 21st, 2024
TypeOthers
Price$399,000

Property Description

Two mixed-use commercial buildings are located in the Gulf Coast community of Citrus County in Historic Inverness, Florida. Building A, built in 1976, is a 2,000 SF freestanding concrete block automotive service garage with three grade-level roll-up doors. Building B, built in 1984, is a currently leased 816 SF freestanding frame retail store. On .52 acres of GNC-General Commercial zoned land with 160' frontage on SR 44/Gulf to Lake Hwy (33,600 AADT). The GNC zoning allows for a variety of high-intensity uses, including all retail, automotive, and warehousing, with a maximum lot utilization of 70%. Excellent location just .75 miles east of a major retail cluster (home to Walmart, Lowes, TJ Maxx, OfficeMax, and several QSR/Restaurants and junior retailers). It is centrally located with easy access to Historical Downtown Inverness (3 miles W), Lecanto (10 miles E), and the completed 589 Toll Road (8 miles W), placing this property just 77 miles from Tampa International Airport. Citrus County is a growing community located in the Tampa-St Petersburg MSA, the 18th Largest in the nation. With a population of 155,582 residences and growing annually at a rate of 1.29%, Citrus is the 34th largest county in the State of Florida. Citrus County is large and land barren, with over 60,000 vacant parcels green-lighted for development, plans to expand utilities across the county, and further improving and widening of several cross-connecting highways, including the newly completed extension of the 589-Toll Road to SR-44 with further expansion to CR-486, set to be completed by early 2023.


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