Property Listing No Longer Available for Sale

3190 S Florida Avenue, Inverness, FL

Others for Sale - $850,000


Property Info

CIMLS#1138682
Location
  3190 S Florida Avenue
  Inverness FL 34450
UpdatedDecember 18th, 2023
TypeOthers
Price$850,000

Property Description

Don't miss this Prime Automotive Mechanic offering a newly renovated 2,750 SF concrete block building situated on .72 acres (125'x250'). This property is zoned General Commercial with street to street access (Via Southerly Ave/US 41 S). This location offers prime visibility with 125' commercial highway frontage on S FLorida Ave/US 41 S and a daily traffic count os 17,300 AADT. This real estate sale includes a well established and highly lucrative turn key business with an entirely equipped shop space with all tooling, automotive lifts, air commpressors and all equipment shop necesary to operate a successful automotive repair business servicing the community. The entirety of the space offers a large lobby, manager's office, ADA compliant bathrooms, storage for inventory, and a 40x55 shop space with four 12x12 grade level roll-up doors and a 20' clear ceiling height. Centrally located just 3 mins (1.7 miles) from Historical Downtown Inverness via US 41 and SR 44, main sources of traffic providing access to a large customer base. With a population of over 35,000 residences with a median age of 55 y/o and a median income of over $50k all located within a 15 min drive. Currently, consumer expenditures in the Vehicle Maintenance and Repair exceeds $14 million. Located in Citrus County the 34th largest county in Florida which has 155,582 residences with growth under the county’s LDC for a maximum of 350k residents segmented by 66.3% owned residences and 19.2% of renters. Citrus County is expanding infrastructure for development to support the expected 30,000 additional residences moving to the area by 2030.


Financials


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