For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Strip Center with Three Tenancies Title is generated by Realmo AI

    3161 E Gulf To Lake Highway, Inverness, FL 34453

    View on Map
    Claim this Listing
    For Sale
    $425,000

    Three individually sized retail units with front and rear parking and central water service along Hwy 44 West.

    Type:Retail
    Property size:
    2,275 SF
    Price / SF:
    $186/SF
    Added:
    May 30, 2026
    Days on Market:
    17
    Last Refresh:
    Jun 14 at 1:33 am

    Property Features for 3161 E Gulf To Lake Highway

    General Information

    Standard status
    Active
    Size
    2,275 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1978

    We can help!

    Listing Contact
    James Morton

    Listing agent James Morton License #123629

    Listing office Century 21 J.W.Morton R.E.

    Listing date May 30, 2026

    Source Xome

    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 Century 21 J.W.Morton R.E.

    HighLights

    • Three retail units totaling 2,275 sq ft, with 2,535 sq ft under roof along Hwy 44 West
    • 80' Hwy frontage on the west side of Inverness at 3161 E Gulf to Lake Hwy 3161 E Gulf to Lake Hwy.
    • Unit sizes: 824 SF (Unit 1), 613 SF (Unit 2), and 837.5 SF (Unit 3) MOL
    • Front and rear paved parking for the retail strip center
    • Central water service and a large lighted pylon sign
    • Flat, membrane, rubber roof; central air with electric cooling; vinyl flooring; zoning GNC

    Overview

    This for-sale retail strip center features three separate storefront units arranged for tenant independence. The property totals 2,275 square feet, with 2,535 square feet under roof, and includes Unit 1 at 824 square feet (mol), Unit 2 at 613 square feet (mol), and Unit 3 at 837.5 square feet (mol). On-site improvements include a large lighted pylon sign and central water service.

    The center is located on the west side of Inverness on Hwy 44 West, offering approximately 80 feet of highway frontage. Parking is provided both in front of and behind the building, supporting convenient customer access and day-to-day operations.

    The layout and unit mix make this property practical for retail operators looking for dedicated storefront space, as well as for investors considering a small multi-tenant retail configuration. With signage visibility along the highway, multiple unit sizes, and parking in two locations, the center is designed to serve straightforward retail needs with clear customer access.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $34.1k $15.00
    − Vacancy −$2.9k −$1.28
    EGI $31.2k $13.73
    − OpEx −$9.4k −$4.12
    NOI $21.9k $9.61
    2,275 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $312.2K
    $273.2K – $364.3K (±1% cap)
    NOI $21,857 @ 7.0% cap · market cap 5.14%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $511.2K
    $447.3K – $596.4K (±1% cap)
    NOI $35,783 @ 7.0% cap · market cap 8.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Tri-County Hearing Services Medical Clinic Randall Jeter Physician Fancy Pants Accessories (Bike/Boat/Book/etc) Store Smarty Pants Citrus Accounting Firm Intergrowth Capital Management ... Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Inverness
    County
    Citrus
    State
    Florida
    Longitude
    -82.3816945
    Latitude
    28.8521302

    FAQs

    What type of property is this?
    Strip mall - Three individually sized retail units with front and rear parking and central water service along Hwy 44 West.
    Where is this strip mall located?
    The property is located at 3161 E Gulf To Lake Highway Inverness, FL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Three retail units totaling 2,275 sq ft, with 2,535 sq ft under roof along Hwy 44 West; 80' Hwy frontage on the west side of Inverness at 3161 E Gulf to Lake Hwy 3161 E Gulf to Lake Hwy.; Unit sizes: 824 SF (Unit 1), 613 SF (Unit 2), and 837.5 SF (Unit 3) MOL
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message