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401 S US HIGHWAY 41 HIGHWAY E

Commercial Recently Sold
$250,000

BTC: 4.04530744

ETH: 143.18442153

Sold on: 2023-09-18
30 days
0 room(s)
1,120 sqft

Overview

Prime downtown location in Inverness, perfect for your business. Close to banks, restaurants, and shopping centers. Commercial zoning offers a wide range of usage options. Rare find on busy Hwy 41 with over 30,000 daily traffic count. The property sits on .29 acres of C/GNC commercial zoned land and features a 1,120 SF CBS mixed commercial building with 1,096 SF of covered exterior work area. Additionally, there is a 600 SF detached garage and a fenced-in lay down yard for extra parking. Located just moments away from Historical Downtown Inverness, which houses prominent institutions such as the Citrus County Courthouse, Tax Collectors, and City Hall, this restaurant benefits from the vibrant activity in the area. The presence of national grocers like Publix, along with numerous thriving local businesses, reflects the bustling commercial environment. With approximately 70,000 daily visitors and a strong workforce, the region offers significant economic opportunities. Citrus County is part of the Tampa-St. Petersburg Metropolitan Statistical Area (MSA) and ranks as the 18th largest MSA in the nation. The county's population is steadily growing, with 155,582 residents and an annual growth rate of 1.29%. As the 34th largest county in Florida, Citrus County holds tremendous potential for development, boasting over 60,000 approved vacant parcels for future projects. The county is also investing in utility expansion plans and improving infrastructure, including widening and enhancing key highways for better accessibility and connectivity. Notably, the recent completion of the 589-Toll Road extension to SR-44, with a planned extension to CR-486 scheduled for early 2023, further enhances accessibility and future growth potential. Don't miss out on this exceptional opportunity for your business. Contact us today for more information.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1973
Lot:
0.29 Acres
Heating:
No Data
Price/sqft:
$246
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$2,581
2022
All facts and features
  • Flooring

    • Carpet

    Cooling

    • Central Air

  • Property

    • Levels: One

    Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 20E19S170050000000175

    • Zoning: C

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $2,582

  • Source details

    • MLS ID: OM658880

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Slab

    • Living Area: 1120

    • Water Source: Public

    • Lot Size Dimensions: 80 x 160

    • Subdivision Name: INVERNESS TOWN

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CENTURY 21 J.W.MORTON R.E.