Bought with Diana G Marcum • Diana G.Marcum P.A.
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Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Subdivision Not On List
MLS Listing ID 836482
Sold Date 11/26/24
HOA Y/N No
Year Built 1981
Annual Tax Amount $6,741
Tax Year 2023
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Office
Property Description
Looking for professional office or medical space in Inverness? This newly renovated office complex, located within the city limits on the SR 44 commercial corridor, offers a prime opportunity. Comprising four units, the building allows you to occupy a space and offset your mortgage with rental income. The property, built in 1981 and recently upgraded with modern features, including a new roof and A/C system, spans 4,320 square feet on 0.44 acres of commercially zoned land. It boasts 100 feet of highway frontage, 12 on-site parking spaces. Two of the units are currently occupied, with the potential to convert one into two units, making a total of four rentable spaces. This co-working environment is a growing trend and, with current market rents, presents an opportunity to increase rental income. The central location is part of a bustling retail corridor, surrounded by national retailers, restaurants, and essential services like Citrus Memorial Hospital, City Hall, and the Courthouse.
Location
State FL
County Citrus
Area 07
Zoning C
Interior
Cooling Central Air
Flooring Carpet, Slate
Fireplace No
Exterior
Parking Features Parking Space(s)
Water Access Desc Public
Roof Type Asphalt,Shingle
Present Use Mixed Use
Total Parking Spaces 12
Building
Lot Description Flat, Trees
Faces East
Story 1
Entry Level One
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Tax ID 1936411
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Edward Peterson
Team Leader / Realtor/ Listing Specialist | License ID: SL3463440
Team Leader / Realtor/ Listing Specialist License ID: SL3463440