Inverness, FL 34453,2332 HIGHWAY 44 W
Inverness, FL 34453,2332 HIGHWAY 44 W
Inverness, FL 34453,2332 HIGHWAY 44 W
52
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$1,375,000
Est. payment /mo
3,648 SqFt
Active

2332 HIGHWAY 44 W Inverness, FL 34453

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UPDATED:

12/04/2024 11:56 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,648 sqft

Price per Sqft $376

Subdivision Inverness Village Unit 03

MLS Listing ID OM689659

HOA Y/N No

Originating Board Stellar MLS

Year Built 1985

Annual Tax Amount $10,515

Lot Size 0.860 Acres

Acres 0.86

Lot Dimensions 120x245

Property Description

Located on the heavily traveled SR 44 corridor (29,560 AADT), connecting Citrus County to the city limits of Inverness, Florida, this property offers a prime commercial location. Situated at the corner of Central Avenue and SR 44, the site encompasses 0.86 acres with 120 feet of highway frontage. Included in this offering is a beautifully remodeled 3,648 SF mixed-use general commercial building, featuring 22 parking spaces and a prominent elevated monument sign for maximum visibility.

The property is strategically positioned to benefit from the newly extended Suncoast Parkway, with additional extensions planned. Citrus County is on the cusp of historic growth, driven by its inclusion in the rapidly expanding Tampa MSA. This vibrant commercial hub in Downtown Inverness draws consumers from established national and regional retailers, including Winn-Dixie, future Aldi's, Publix, McDonald's, and Burger King. Additionally, the property is in close proximity to key government offices such as the City Hall of Inverness, Citrus County Tax Collector, Property Appraiser, DMV, and the Citrus County Courthouse.

Recent investments by the City of Inverness have further enhanced the area's appeal, including newly developed lakefront parks like Liberty Park, Wallace Brooks Park, and the Depot District. Within a 15-minute drive, the property taps into a robust customer base of 46,361 residents with a median household income of $65,000 and an average age of 58.

The site provides convenient access to growing nearby communities, including Floral City (5 miles), Lecanto (12.3 miles), Beverly Hills (15.1 miles), Crystal River (16.6 miles), and Homosassa (18.8 miles). Citrus County, currently home to 153,600 residents, is projected to nearly double its population to 350,000 by 2030 under its Land Development Code.

As part of the Tampa–St. Petersburg–Clearwater MSA, the 18th largest in the U.S., Citrus County stands out as one of the nation’s premier real estate markets. With the $135 million Suncoast Parkway expansion and an aging, affluent demographic, the area is poised for continued economic growth. Local consumer spending trends indicate strong market potential, with 66% of residents dining out at restaurants and 89% frequenting fast-food establishments, while healthcare expenditures exceed $106 million annually.

This property offers an exceptional opportunity to capitalize on a flourishing market in a high-visibility, high-demand location.

Location

State FL

County Citrus

Community Inverness Village Unit 03

Zoning C

Direction W

Interior

Cooling Central Air

Exterior

Parking Features Parking Spaces - 19 to 30

Roof Type Shingle

Building

Story 1

Foundation Slab

Lot Size Range 1/2 to less than 1

Structure Type Block,Brick

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


Stellar MLS
Listed by CENTURY 21 J.W.MORTON R.E.

Learn More About LPT Realty

Tiarra McCray

Agent | License ID: BK3513836

+1(239) 200-1211

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2332 HIGHWAY 44 W