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Retail Space in Crystal River
For Sale
$899,000

6601 West Gulf to Lake Highway Crystal, Crystal River, FL 34429

Adaptable retail space with existing fixtures and ample parking.

Property Size3,786 SF
Price / SF$237.45
Days on Market378

Property Features for 6601 West Gulf to Lake Highway Crystal

General Information

Standard status Active
Size 3,786 SF
Class B
Total Parking Spaces 30
Property subtype Retail - Commercial/Other
Zoning GNC

Building Details

Building Size 3,786 SF
Year Built 1971
Listing Agency: RE/MAX
Listed By: Mark Ganier · License #201
Source: Remaxcommercial
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:43AM

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 RE/MAX

Investment Insights

Based on property information with market context.

Located in Crystal River, this 3,786 square foot property on a 1.67-acre lot is suitable for a restaurant, liquor store, or similar retail outlet. The property features existing coolers and display shelving from a prior liquor store business, making it adaptable for various uses. It benefits from prominent signage on State Road 44 and ample parking. The current owner will consider leasing the property at $5,900 monthly plus CAM charges as an alternative to purchase.

Key Highlights

  • Excellent signage on State Road 44.
  • Located in Crystal River, suitable for restaurant, liquor store, or retail.
  • Large 1.67‑acre lot with ample parking.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,549
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,190,980 $1.2M
Cap Rate 7%
$850,700 $850.7K
Cap Rate 9%
$661,656 $661.7K
Market Conditions
NOI Build-Up for 3,786 SF
Gross rent
$83.1K $21.96/SF
− Vacancy
−$3.7K −$0.99/SF
EGI
$79.4K $20.97/SF
− OpEx
−$19.8K −$5.24/SF
NOI
$59.5K $15.73/SF
Area
Citrus County, FL
Vacancy
4.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,190,980
Cap Rate 7%
$850,700
Cap Rate 9%
$661,656

Alternative Uses

Best Use
Specialty Retail
$850.7K
$744.4K – $992.5K (±1% cap)
NOI $59,549 @ 7.0% cap · market cap 6.62%
Second Best
Retail
$519.6K
$454.7K – $606.2K (±1% cap)
NOI $36,374 @ 7.0% cap · market cap 4.05%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Sugarmill Liquor 2 (Bike/Boat/Book/etc) Store Bitcoin ATM Crystal ... Atm

Suggested Use

Top Pick Parking Lot & Garage Garden Center Storage Facility Daycare Center Auto Parts Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

446
Businesses Nearby
76k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 59% Shops & Services 25% Dining 15% Beauty & Spa 2%
Publix Groceries
44,379 visits/mo 0.4 miles
Dollar General Shops & Services
7,289 visits/mo 0.5 miles
Jersey Mike's Subs Dining
5,855 visits/mo 0.4 miles
Beef 'O' Brady's Dining
5,260 visits/mo 0.3 miles
Family Dollar Shops & Services
4,478 visits/mo 0.3 miles

Demographics for 34429, FL

8,837
Population
5,458
Households
1.6
Avg Household Size
60
Median Age
25%
College-Educated
90%
High-School Grad
41.4 sq mi
ZIP Area
213
Density / Sq Mi
$57,716
Median Household Income
$36,577
Median Earnings
$1,070
Median Rent
$220,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Adaptable retail space with existing fixtures and ample parking.
Where is this retail space located?
The property is located at 6601 West Gulf to Lake Highway Crystal Crystal River, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Excellent signage on State Road 44.; Located in Crystal River, suitable for restaurant, liquor store, or retail.; Large 1.67‑acre lot with ample parking.
More about this property
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