Former Convenience Store with Decommissioned
For Sale
$750,000
101 Cherry Avenue, Inverness, FL 34450
COMMERCIAL - Inverness, FL
Property SizeContact for details
Lot Size0.31 Acres
Days on Market49
Property Features for 101 Cherry Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
C
Parking features
Driveway
Exterior features
PavedDriveway
Subdivision
LaBelle
Lot features
Corner Lot
Standard status
Active
APN
1760437
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LA BELLE ADDITION TO THE CITY OF INVERNESS PB 1 PG 55, THE S125 FT OF E 125 FT OF SE 1/4 LOT (BLOCK) 15, LYING IN SE 1/4OF NE 1/4 SEC 18 TWN 19S RNG 20E.
Tax Annual Amount
5386
Legal Description
LA BELLE ADDITION TO THE CITY OF INVERNESS PB 1 PG 55, THE S125 FT OF E 125 FT OF SE 1/4 LOT (BLOCK) 15, LYING IN SE 1/4OF NE 1/4 SEC 18 TWN 19S RNG 20E.
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1998
Floors in Building
1
Flooring type
Concrete
Building materials
Block, Concrete
Roof type
Flat
Listing Agency:
Diana G.Marcum P.A.
(352) 341-0900
Listed By:
Diana Marcum · License #128665
(352) 341-0900
Added: Jul 15
Changed: Aug 19
Last Checked: Sep 1 at 6:06AM
MLS# 856372
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This property at 101 Cherry Avenue, Inverness, FL 34450 is offered for sale on an as-is basis. It was previously operated as a convenience store and gas station. Per the public remarks, the pumps have been removed, and the underground storage tanks have been decommissioned and filled, allowing the site to be redeveloped for a new commercial use. The property is zoned C.
The site is described as being on a high-traffic Main Street corridor and is accessible to customers. It is located near established businesses, including major franchise chains and the historic downtown area of Inverness, with surrounding uses cited such as restaurants, Citrus Memorial Hospital, doctors’ offices, Citrus High School, and Inverness City Hall, plus nearby residential areas.
The site is described as being on a high-traffic Main Street corridor and is accessible to customers. It is located near established businesses, including major franchise chains and the historic downtown area of Inverness, with surrounding uses cited such as restaurants, Citrus Memorial Hospital, doctors’ offices, Citrus High School, and Inverness City Hall, plus nearby residential areas.
Key Highlights
- Commercial property built in 1998 with block and concrete construction
- Flat roof with concrete flooring throughout
- Central air cooling and heat pump heating
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,219
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34450, FL
10,788
Population
6,642
Households
1.6
Avg Household Size
59
Median Age
25%
College-Educated
92%
High-School Grad
31.2 sq mi
ZIP Area
346
Density / Sq Mi
$48,955
Median Household Income
$39,409
Median Earnings
$973
Median Rent
$210,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Save A Lot — 222 US Hwy 41 S, Inverness, FL 34450
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - As-is former convenience store/gas station; pumps removed and underground storage tanks decommissioned and filled.
Where is this grocery and convenience store located?
The property is located at 101 Cherry Avenue Inverness, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Commercial property built in 1998 with block and concrete construction; Flat roof with concrete flooring throughout; Central air cooling and heat pump heating
