Property Photos
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  • MLS#: OM698589 ( CommercialSale )
  • Street Address: 8929 Gulf To Lake Highway
  • Viewed: 8
  • Price: $439,900
  • Price sqft: $110
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: LakePrivileges
  • Year Built: 1972
  • Bldg sqft: 4010
  • Days On Market: 126
  • Additional Information
  • Geolocation: 28.8439 / -82.2848
  • County: CITRUS
  • City: Inverness
  • Zipcode: 34450
  • Subdivision: Hickory Hill Retreats Unit 02
  • Provided by: CENTURY 21 J.W.MORTON R.E.
  • DMCA Notice
  • Description
    Amazing location, in inverness, citrus county, fl, tampa msa, just 15 min from i 75/florida turnpike! Seize the opportunity to own your slice of a growing central florida real estate. Positioned along the high traffic corridor of state road 44 in inverness, florida, this fully renovated and affordably priced commercial property presents a rare investment opportunity with a unique competitive edgedirect access to the tsala apopka chain of lakes. The property comprises a 4,010 square foot concrete block structure, originally a mechanics facility, now modernized to support a wide range of commercial uses. Key features include three 10x12 grade level roll up doors, 12 foot ceiling heights ideal for service operations, and 3 phase electric power to accommodate heavy duty equipment. A two story build out provides flexibility for office use or potential live/work arrangements. Recent updates include a new roof and comprehensive interior renovations, enhancing both functionality and long term value. Situated on a 0. 78 acre lot, the site benefits from over 300 feet of visibility along gulf to lake highway (sr 44), which sees an average daily traffic volume of approximately 18,000 vehicles. Zoned coastal lakes commercial (clc), the property allows for diverse commercial applications, including marine and automotive service facilities, contractor operations, retail establishments, and restaurant or bar concepts. The abundance of parking and open yard space further supports adaptability for high traffic or equipment intensive operations. What distinctly sets this property apart is its rear access to the tsala apopka chain of lakescitrus countys largest freshwater system encompassing over 22,000 acres and 15 interconnected lakes. This lakefront position not only provides direct water access for marine related services and recreational uses but also enhances visibility and appeal for destination driven businesses. It creates a natural platform for adaptive reuse projects such as a waterfront restaurant, bar, or experience based commercial concept targeting boaters, tourists, and locals alike. In terms of location, the property is strategically placed just 3. 2 miles from downtown inverness, 9. 1 miles from floral city, 20. 8 miles from crystal river, and 21. 3 miles from the villagesone of the fastest growing residential communities in the country. This central access point enables efficient service to a broad consumer base, from long term residents and retirees to transient recreational users and seasonal visitors. Citrus county itself, home to approximately 153,600 residents as of the latest census data, is poised for sustained expansion, with projections indicating a population nearing 350,000 by 2030 under the countys land development code. As part of the tampast. Petersburgclearwater metropolitan statistical areathe 18th largest in the united statesthe area is increasingly recognized as a high potential real estate market. From an investment perspective, the propertys combination of strategic highway frontage, robust utility infrastructure, and unique water access positions it for long term viability across multiple commercial verticals. Whether leveraged for a marine repair operation, automotive service center, contractor headquarters, or transformed into a lifestyle oriented venue such as a waterfront restaurant or taproom, the site aligns well with both existing market needs and emerging growth trends.
Property Features
Possible Terms
  1. Cash
  2. Conventional
Waterfront Description
  1. LakePrivileges
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. None
Country
  1. US
Covered Spaces
  1. 0.00
Electric
  1. Phases3
  2. Volts440
Flooring
  1. Concrete
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. HICKORY HILL RETS UNIT 2 PB 3 PG 75 LOTS 3 & 4 BLK 4
Levels
  1. Two
Living Area
  1. 4010.00
Lot Features
  1. FloodZone
  2. Trees
Area Major
  1. 34450 - Inverness
Net Operating Income
  1. 0.00
Occupant Type
  1. Owner
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Other Structures
  1. Garages
Parcel Number
  1. 20E-19S-11-0020-00040-0030
Parking Features
  1. ParkingSpaces
Pet Deposit
  1. 0.00
Property Condition
  1. NewConstruction
Property Type
  1. CommercialSale
Road Frontage Type
  1. Highway
Roof
  1. Shingle
Security Deposit
  1. 0.00
Sewer
  1. PublicSewer
  2. SepticTank
Tax Year
  1. 2023
The Range
  1. 0.00
Trash Expense
  1. 0.00
Utilities
  1. ElectricityAvailable
  2. MunicipalUtilities
View
  1. Lake
  2. Water
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/OM698589
Water Source
  1. Public
  2. Well
Year Built
  1. 1972
Zoning Code
  1. CLC & CLR
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