Active

$419,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 3649 sq ft
Overview
  • ID: MFROM698589
  • Bedrooms:
  • Bathrooms: 0
  • Size: 3649 sq ft
Property Details
Remarks
Positioned along the high-traffic corridor of State Road 44 in Inverness, Florida, this fully renovated and affordably priced commercial property presents a rare investment opportunity with a unique competitive edge—direct access to the Tsala Apopka Chain of Lakes. The property comprises a 4,010-square-foot concrete block structure, originally a mechanics facility, now modernized to support a wide range of commercial uses. Key features include three 10’x12’ grade-level roll-up doors, 12-foot ceiling heights ideal for service operations, and 3-phase electric power to accommodate heavy-duty equipment. A two-story build-out provides flexibility for office use or potential live/work arrangements. Recent updates include a new roof and comprehensive interior renovations, enhancing both functionality and long-term value. Situated on a 0.58-acre lot, with the option to acquire three additional contiguous parcels for a total of 0.78 acres, the site benefits from over 296 feet of visibility along Gulf to Lake Highway (SR 44), which sees an average daily traffic volume of approximately 18,000 vehicles. Zoned Coastal Lakes Commercial (CLC), the property allows for diverse commercial applications, including marine and automotive service facilities, contractor operations, retail establishments, and restaurant or bar concepts. The abundance of parking and open yard space further supports adaptability for high-traffic or equipment-intensive operations. What distinctly sets this property apart is its rear access to the Tsala Apopka Chain of Lakes—Citrus County’s largest freshwater system encompassing over 22,000 acres and 15 interconnected lakes. This lakefront position not only provides direct water access for marine-related services and recreational uses but also enhances visibility and appeal for destination-driven businesses. It creates a natural platform for adaptive reuse projects such as a waterfront restaurant, bar, or experience-based commercial concept targeting boaters, tourists, and locals alike.
Financial Considerations
Price:
$419,000
HOA Fee:
N/A
Tax Amount:
$3589.42
Price per SqFt:
$114.83
Tax Legal Description:
HICKORY HILL RETS UNIT 2 PB 3 PG 75 LOTS 3 & 4 BLK 4
Exterior Features
Lot Size:
33977
Lot Features:
FloodZone, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Parking Spaces - 1 to 5
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
None
Appliances:
N/A
Furnished:
No
Floor:
Concrete
Levels:
Two
Additional Features
Property Sub Type:
Retail
Style:
N/A
Year Built:
1972
Construction Type:
Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    8929 E GULF TO LAKE HWY
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