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    940 N SUNCOAST Blvd Crystal River, FL 34429

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    For Sale
    $4,200,000

    Prime commercial property with retail and storage units for sale.

    Type:Commercial
    Property size:
    3,200 SF
    Lot size:
    2.36 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 5:45 pm

    Property Features for 940 N SUNCOAST Blvd

    General Information

    Standard status
    Active
    Size
    3,200 SF
    Lot size
    2.36 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1984

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    Listing Contact
    Elias Kirallah
    Elias Kirallah

    Listing agent Elias Kirallah License #3123414

    Listing office Century21 J.W. Morton Real Estate, Inc

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Century21 J.W. Morton Real Estate, Inc


    Overview

    Neighborhood Shopping Center and Storage

    South Square is a neighborhood shopping center and storage facility, featuring 15 retail units (potentially 17 with splitting) and 52 storage units. The property is situated on approximately 2.36 acres of commercial land with over 400 feet of frontage on US-19/98, which has an average annual daily traffic count of approximately 32,000 vehicles. The location is within the Tampa–St. Petersburg Metropolitan Statistical Area, the 18th largest metropolitan area in the United States. The center offers a mix of suite sizes ranging from 720 to 3,200 square feet and is occupied by a diverse tenant base, including medical and professional offices, retail businesses, beauty services, and other local tenants. The storage component includes 52 units, providing an additional income stream. There is potential for revenue enhancement by aligning below-market rental rates and implementing standard net-net-net expense recoveries for common area maintenance, insurance, and real estate taxes. Combined with rent adjustments and the leasing of two vacant retail units, a new owner has the potential to increase net operating income by 7.29% stabilized cap rate, while maintaining minimal vacancy in the storage component. The property has a bike score of 64, indicating it is bikeable, and a walk score of 32, indicating car dependence.
    Location Intelligence

    Current Use by Public Records

    A-AAA Self Storage Storage Facility

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    • Crystal River Plaza 408 N Suncoast Blvd, Crystal River, FL 34429
    • South Square Plaza 918 N Suncoast Blvd, Crystal River, FL 34429
    • Crystal River Shopping Center SE US Hwy 19, Crystal River, FL 34429

    Location Insight

    • Map
    • Local Demand
    City
    Crystal River
    County
    Citrus
    State
    Florida
    Longitude
    -82.5808267
    Latitude
    28.875871

    FAQs

    What type of property is this?
    Shopping center - Prime commercial property with retail and storage units for sale.
    Where is this shopping center located?
    The property is located at 940 N SUNCOAST Blvd Crystal River, FL.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: Prime commercial property in the Tampa–St. Petersburg MSA with high traffic frontage (±32,000 AADT).; Versatile mix of 15 retail and 52 storage units providing diverse income streams.; Opportunity to increase net operating income to a 7.29% stabilized cap rate.
    More about this property
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