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1298 E NORVELL BRYANT HIGHWAY

Commercial For Sale
$800,000

BTC: 10.28079419

ETH: 333.33333333

4 days
0 room(s)
5,901 sqft

Overview

Prime Multi-Tenant Center offering professional office and retail space. Built in 2007, this 5,903 SF CBS building consists of six units and is approximately 90% occupied, offering strong existing tenancy with additional value-add potential. Situated on approximately 0.88 acres with GNC Commercial zoning, the property accommodates a broad range of uses, including medical and professional offices, retail, restaurants, and other commercial businesses. Completely updated and meticulously maintained from the studs to the stucco, the property features an attractive stacked-stone and stucco façade, floor-to-ceiling retail glass, and modern interior spaces with high-quality finishes. Centrally located within Citrus County, the property sits within a 15-minute drive of Lecanto, Beverly Hills, Downtown Crystal River, Homosassa, and Inverness. Consumer spending trends reinforce demand fundamentals, including medical expenditures within the trade area, highlighting strong support for healthcare, medical services, and wellness-oriented uses. The area is characterized by a mature and financially stable demographic profile, with projected income growth and a high concentration of owner-occupied housing reinforcing long-term consumer stability and investment security. Regional connectivity is enhanced by direct access to the newly expanded Suncoast Parkway (SR 589), a significant state infrastructure investment that improves mobility and places the property approximately 55 minutes from Tampa International Airport. From a market perspective, the property benefits from its location within Citrus County, a region experiencing steady population growth and increasing commercial demand. The county currently supports a population of approximately 153,600 residents, with long-term planning capacity for approximately 350,000 residents under the county’s Land Development Code. Continued residential expansion, infrastructure investment, and regional economic development are driving increased demand for healthcare, service, and retail facilities throughout the county.

Location

Details

Type:
Commercial Sale
Parking:
Common
Year Built:
2007
Lot:
0.88 Acres
Heating:
No Data
Price/sqft:
$136
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$7,595
2025
All facts and features
  • Flooring

    • Ceramic Tile

    • Laminate

    Cooling

    • Central Air

  • Parking

    • Common

    Property

    • Levels: One

    Lot

    • Lot: 0.88 Acres

    Other Property Information

    • Parcel Number: 19E18S270020000001615

    • Zoning: GNC

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $7,595

  • Source details

    • MLS ID: OM730330

    Other facts

    • Construction Materials: Block / Brick

    • Foundation Details: Slab

    • Living Area: 5901

    • Water Source: Public

    • Lot Size Dimensions: 150 x 270

    • Subdivision Name: HERCALA ACRES UNIT 02

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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.