508 N Citrus Ave Crystal River, FL 34428

Located in Crystal River, Florida, this former restaurant opportunity features 160 seats and is situated on a 0.52-acre corner lot. The 2,952-square-foot concrete block structure underwent a full renovation in 2019. The property is located in the city’s designated Downtown Wet Area, which allows for alcoholic drinks throughout the district. It includes 27 private parking spaces, supplemented by street parking and nearby public lots. Accessible via interconnected trails and bike paths, the restaurant is positioned to maximize foot traffic from both locals and tourists. The surrounding area includes national retail outlets, parks, and waterways leading to the Gulf of Mexico. The property is located 15 minutes from a customer base of 46,361 residents, with an average age of 58 and a median household income of $65,000. It is located within Citrus County, currently home to 153,600 residents, and projected to grow to an estimated 350,000 residents by 2030. The property is poised to benefit from the newly completed Suncoast Parkway extension, along with future planned expansions, which position Citrus County for unprecedented growth within the Tampa Metropolitan Statistical Area (MSA).