Overview
This exceptional commercial property, located at 2332 Highway 44 W in Inverness, FL, presents a unique investment opportunity. The 3,648 square foot, beautifully remodeled mixed-use building sits on a 0.86-acre lot with 120 feet of highway frontage on the heavily trafficked SR 44 corridor (29,560 AADT). Its prime corner location at Central Avenue and SR 44 ensures maximum visibility, enhanced by a prominent elevated monument sign and ample parking (22 spaces). The property benefits significantly from the recently extended Suncoast Parkway and its planned future expansions, positioning it for growth within the rapidly expanding Tampa MSA. This vibrant commercial hub in Downtown Inverness is surrounded by established national and regional retailers, including Winn-Dixie, a future Aldi's, Publix, McDonald's, and Burger King. Its proximity to key government offices (City Hall, Tax Collector, Property Appraiser, DMV, Courthouse) further enhances its appeal. Recent city investments in lakefront parks (Liberty Park, Wallace Brooks Park, Depot District) have improved the area's attractiveness. The property serves a robust customer base of 46,361 residents within a 15-minute radius, boasting a median household income of $65,000 and an average age of 58. Convenient access to nearby communities (Floral City, Lecanto, Beverly Hills, Crystal River, Homosassa) adds to its strategic value. Citrus County's projected population growth from 153,600 to 350,000 by 2030, fueled by the $135 million Suncoast Parkway expansion and an aging, affluent demographic, indicates strong future potential. Local consumer spending trends, including high restaurant and fast-food patronage and significant healthcare expenditures, point to a thriving market. This property offers an exceptional chance to capitalize on this flourishing market in a high-visibility, high-demand location. The asking price is $1,375,000.
