$600,000
$630,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
4,320 SqFt
SOLD DATE : 11/26/2024
Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 4,320 sqft
Price per Sqft $138
Subdivision Inverness Village Unit 03
MLS Listing ID OM683818
Sold Date 11/26/24
HOA Y/N No
Originating Board Stellar MLS
Year Built 1981
Annual Tax Amount $6,741
Lot Size 0.440 Acres
Acres 0.44
Lot Dimensions 100x200
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
Community Inverness Village Unit 03
Zoning C
Direction W
Interior
Cooling Central Air
Flooring Carpet, Other
Exterior
Parking Features Parking Spaces - 6 to 12
Utilities Available Public
Roof Type Shingle
Building
Story 1
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Brick
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with CENTURY 21 J.W.MORTON R.E.
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