34
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$850,000
Est. payment /mo
2,400 SqFt
New
5890 W GULF TO LAKE HWY Crystal River, FL 34429
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UPDATED:
12/16/2024 07:04 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $354
MLS Listing ID OM691090
HOA Y/N No
Originating Board Stellar MLS
Year Built 1974
Annual Tax Amount $3,876
Lot Size 1.040 Acres
Acres 1.04
Lot Dimensions 140x290
Property Description
This former gas station and convenience store is located at the southwest corner of the busy HWY 44/W Gulf to Lake Hwy commercial corridor (18,900 AADT) and W Fox Ln. in Crystal River, Florida, part of Citrus County in the Tampa/St. Petersburg MSA. Situated on a 1.04-acre corner lot zoned GNC, the property offers 140 feet of visibility on SR 44. The 2,400 SF convenience store features a gas canopy (dispenser removed), with fueling tanks still present and capable of being reestablished.
The property benefits from its proximity to key infrastructure, including the newly constructed SR 44/589 Toll Road and its future expansion to CR 486, just 1.7 miles east, as well as the major intersection of US 19 and SR 44, located 4.9 miles to the west. Within a 10-mile radius, the area includes prominent communities such as Citrus Hills Terra Vista, Black Diamond with its PGA-caliber golf courses, and larger population centers like Lecanto, Beverly Hills (“The Central Ridge”), and historic downtown Inverness. Citrus County, home to 153,600 residents, is poised for significant growth, with projections under the County's Land Development Code estimating a population of 350,000 by 2030.
As part of Tampa–St. Petersburg–Clearwater MSA—the 18th largest metropolitan area in the United States—Citrus County is recognized as a premier real estate market. The City of Inverness has invested heavily in revitalization efforts, including the construction of lakefront parks such as Liberty Park, Wallace Brooks Park, and the Depot District.
Additionally, the recent $135 million expansion of the Suncoast Parkway and its planned future extensions position Citrus County for exponential growth within the Tampa MSA.Within a 15-minute drive of the property, the customer base includes 46,361 residents, with an average age of 58 and a median household income of $65,000—an ideal demographic for retail and commercial ventures.
The property benefits from its proximity to key infrastructure, including the newly constructed SR 44/589 Toll Road and its future expansion to CR 486, just 1.7 miles east, as well as the major intersection of US 19 and SR 44, located 4.9 miles to the west. Within a 10-mile radius, the area includes prominent communities such as Citrus Hills Terra Vista, Black Diamond with its PGA-caliber golf courses, and larger population centers like Lecanto, Beverly Hills (“The Central Ridge”), and historic downtown Inverness. Citrus County, home to 153,600 residents, is poised for significant growth, with projections under the County's Land Development Code estimating a population of 350,000 by 2030.
As part of Tampa–St. Petersburg–Clearwater MSA—the 18th largest metropolitan area in the United States—Citrus County is recognized as a premier real estate market. The City of Inverness has invested heavily in revitalization efforts, including the construction of lakefront parks such as Liberty Park, Wallace Brooks Park, and the Depot District.
Additionally, the recent $135 million expansion of the Suncoast Parkway and its planned future extensions position Citrus County for exponential growth within the Tampa MSA.Within a 15-minute drive of the property, the customer base includes 46,361 residents, with an average age of 58 and a median household income of $65,000—an ideal demographic for retail and commercial ventures.
Location
State FL
County Citrus
Zoning GNC
Interior
Cooling Central Air
Building
Story 1
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Septic Tank
Water Public
Structure Type Block,Brick
New Construction false
Others
Ownership Corporation
Special Listing Condition None
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by CENTURY 21 J.W.MORTON R.E.
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