Property Description

3190 S Florida Avenue, Inverness, Florida 34450rnrnrnDon’t miss this Prime Automotive Mechanic offering a newly renovated 2,750 SF concrete block building situated on .72 acres (125’x250′). This property is zoned General Commercial with street to street access (Via Southerly Ave/US 41 S). This location offers prime visibility with 125′ commercial highway frontage on S FLorida Ave/US 41 S and a daily traffic count os 17,300 AADT. This real estate sale includes a well established and highly lucrative turn key business with an entirely equipped shop space with all tooling, automotive lifts, air commpressors and all equipment shop necesary to operate a successful automotive repair business servicing the community. The entirety of the space offers a large lobby, manager’s office, ADA compliant bathrooms, storage for inventory, and a 40×55 shop space with four 12×12 grade level roll-up doors and a 20′ clear ceiling height. Centrally located just 3 mins (1.7 miles) from Historical Downtown Inverness via US 41 and SR 44, main sources of traffic providing access to a large customer base. With a population of over 35,000 residences with a median age of 55 y/o and a median income of over $50k all located within a 15 min drive. Currently, consumer expenditures in the Vehicle Maintenance and Repair exceeds $14 million. Located in Citrus County the 34th largest county in Florida which has 155,582 residences with growth under the county’s LDC for a maximum of 350k residents segmented by 66.3% owned residences and 19.2% of renters. Citrus County is expanding infrastructure for development to support the expected 30,000 additional residences moving to the area by 2030. Citrus County offers amazing development opportunities with the 3rd highest amount of vacant residential parcels (61,000) in the State of Florida ripe for the flood of housing demand and wealth Americans flocking to the state at four times the rate of any other state. Citrus County is located within the Tampa–St. Petersburg–Clearwater MSA which is the 18th Largest Metropolitan Area in the United States and the hottest real estate market in the nation. The Industrial asset class is trading in state of Florida with a median cap rate of 6.6% and 6.7% inside the Tampa-St. Petersburg-Clearwater MSA and a current Supply Demand Ratio of .56 indicating a Surplus of Demand.

Address Map
USA
Florida
Citrus
INVERNESS
INVERNESS HIGHLANDS SOUTH
34450
Home For Sale
FLORIDA
3190
AVENUE
0
W83° 41' 4.1''
N28° 48' 56.6''
S
MLS Additional Info
CENTURY 21 J.W.MORTON R.E.
Elias Kirallah
1.7 Miles South of the US Hwy 41/SR 44/Highland Blvd/W Main St intersection. Property is on the right.
0
0
MFR275501317
MFR275500070
125x270
0
Active
25/09/2023 17:39:10
Click Here
20E-19S-21-0020-02000-0230
1
$2,531
2022
GNC
0
0
0
$0

INVERNESS Home For Sale

3190 FLORIDA AVENUE INVERNESS

0 Beds
0 Baths
2,750 Sqft
$850,000
Listing ID #MFROM652733
Basic Details
Property Type : Commercial Sale
Listing ID : MFROM652733
Price : $850,000
Beds : 0
Baths : 0
Square Footage : 2,750 Sqft
Year Built : 1982
Lot Area : 0.72 Sqft
Status : Active
Days On Market : 213
Property Sub Type : Retail
living area : 2750
Agent info
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