Listing Agency:Century 21 J W Morton Real Estate Inc
Listed By:Elias George Kirallah · License FL BK3123414(352) 400-2635
Source:Crexi
Added: Feb 26Changed: Aug 8Last Checked: Aug 8 at 6:36AM
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 Real Estate Inc
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Investment Insights
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This property presents an opportunity for acquisition and redevelopment, featuring an approximately 21,810 square foot reinforced concrete block building with a clear-span showroom/warehouse configuration. The interior is divided into three suites: approximately 1,500 square feet of retail space, approximately 2,000 square feet of retail space, and approximately 18,310 square feet of showroom/warehouse space. These suites can operate independently or be combined. The property is situated on approximately 2.00 acres of General Neighborhood Commercial (GNC) zoned land and includes 51 parking spaces. Located along SR-44 / Gulf to Lake Highway, the property has approximately 330 feet of frontage, offering visibility and traffic counts exceeding 25,500 AADT. Access is facilitated by right-in / right-out. A 32-foot-wide dock-high truck well, equipped with an 8’ x 10’ roll-up door and portable dock leveler, supports loading operations. Ceiling heights range from approximately 18 feet in the front showroom area to 15 feet in the rear loading area. The building is supported by approximately 1,200-amp three-phase power with a distributed reduction system. The property is located within the Tampa–St. Petersburg MSA. The building’s design and infrastructure create an opportunity for adaptive reuse or light industrial conversion. It is suited for a regional medical or healthcare campus, medical imaging center, outpatient surgery facility, or specialized wellness services. The clear-span layout, dock-high loading capability, and power capacity support light manufacturing, fabrication, cabinetry and millwork production, equipment assembly, and specialty trade operations. The facility is also suitable for e-commerce fulfillment, regional distribution, and showroom-to-production hybrid users. The property is centrally located within Citrus County, within a 15-minute drive of Inverness, Crystal River, Hernando, and Beverly Hills, providing access to a daytime population exceeding 68,000.
Key Highlights
Prime adaptive reuse/redevelopment opportunity in the Tampa‑St. Petersburg MSA.
High‑visibility location with ±330’ frontage on SR‑44 / Gulf to Lake Highway.
Flexible layout with ±21,810 SF building configurable as single‑tenant or multi‑tenant.
Who owns this building?See the owner, sales and loan history
Open Analytics
Current Use
Smart Interiors II ...Interior Design
Suggested Use
Top PickBuilding SupplyReal Estate AgencyAuto Parts StoreHVAC ServiceRestaurantHair Salon
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
39
Businesses Nearby
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Business Placement
Demographics for 34461, FL
11,388
Population
5,552
Households
2.1
Avg Household Size
58
Median Age
23%
College-Educated
92%
High-School Grad
45.8 sq mi
ZIP Area
249
Density / Sq Mi
$60,795
Median Household Income
$33,825
Median Earnings
$1,190
Median Rent
$287,200
Median Home Value
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Mixed-use property - 21,810 SF building on 2 acres for redevelopment.
Where is this mixed-use property located?
The property is located at 97 W Gulf to Lake Hwy Lecanto, FL.
What is the asking price?
The asking price for this property is $2,944,000.
What are key features of this property?
This property features: Prime adaptive reuse/redevelopment opportunity in the Tampa‑St. Petersburg MSA.; High‑visibility location with ±330’ frontage on SR‑44 / Gulf to Lake Highway.; Flexible layout with ±21,810 SF building configurable as single‑tenant or multi‑tenant.
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New: 350 Mission StJust listed · $36/SF · 2 min ago