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    401 Tompkins St Inverness, FL 34450

    New
    For Sale
    $394,900

    SINGLE_FAMILY - Inverness, FL

    Type:Retail
    Lot size:
    0.34 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 14 at 8:50 am

    Property Features for 401 Tompkins St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    C
    APN
    1753147
    Parking
    17
    Lot size
    0.34 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    1
    Flooring type
    Laminate
    Building materials
    Stucco
    Roof type
    Shingle, Asphalt

    Century21 J.W. Morton Real Estate, Inc (352) 726-6668 [email protected]

    Listing agent Elias Kirallah (352) 726-6668 License #3123414

    Listing date Dec 13, 2025

    Copyright © 2025 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Downtown Inverness Landmark Home

    Located in Historic Downtown Inverness, the R.O. Hicks House is one of the oldest remaining landmarked homes. Built in the early 1900s, this preserved property offers potential as a business location. Situated on a 0.34-acre corner lot with high visibility along W Main Street/SR 44, which sees 40,000 average annual daily traffic, the property offers access and prominence. The 1,600 square foot main building features high ceilings, a grand room, a kitchen, and two restrooms, as well as original hardwood floors. A 350 square foot converted garage serves as a private office or potential rental space. The property includes 17+ on-site parking spaces with Handicap. It is located steps from shops, restaurants, Citrus Memorial Hospital, the Citrus County Courthouse, and City Hall, and connects to the Depot District, Liberty Park, and the Withlacoochee State Trail. Citrus County is part of the Tampa-St. Petersburg-Clearwater MSA, with population growth expected to reach 350,000 by 2030. The $135 million Suncoast Parkway expansion is fueling regional development. The property could be used as a boutique, artisan studio, tea house, bakery, or live-work space.
    Insight Report Location Intelligence

    Current Use by Public Records

    7th Heaven Salon Beauty Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Inverness
    County
    Citrus
    State
    Florida
    Longitude
    -82.334206
    Latitude
    28.836745

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    FAQs

    What type of property is this?
    Storefront property - Charming historic home with business potential in downtown Inverness.
    Where is this storefront property located?
    The property is located at 401 Tompkins St Inverness, FL.
    What is the asking price?
    The asking price for this property is $394,900.
    What are key features of this property?
    This property features: - High-visibility corner lot location on W Main Street/SR 44 (40,000 AADT) in Historic Downtown Inverness.; - Rare, landmarked property with timeless charm.; - 17+ on-site parking spaces, including Handicap access, a downtown rarity.
    (352) 726-6668
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    401 Tompkins St Inverness, FL 34450
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    Inverness, FL 34450
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 Tompkins St Inverness, FL 34450
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