256 4th St, Crystal River, FL 34429-4148
- Warehouses
- 4,560 SF
- 0.55 lot acres
Current Use by Public Records
- Moe's Wrench LLC / (Bike/Boat/Book/etc) Store
- Manatee Marquee Self Storage / Storage Facility
Property Details for 256 4th St
- Year built
- 1971
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.55 lot acres
- Zone code
- CG GENERAL COMMERCIAL
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 17E-18S-21-0070-00160-006.0
- APU
- 17E18S210070001600060
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 17, 2025 | $625,000 | Hickory Property Holdings LLC | Manatee Marquee LLC | Warranty Deed | $280k · Manatee Marquee LLC |
| Mar 10, 2020 | — | Phyllis J Lynch | — | Deed · related | — |
| Apr 9, 2018 | $300,000 | Manatee Marquee LLC | Lynch,phyllis J | Warranty Deed | $240k · Phyllis J Lynch |
| Nov 27, 2007 | — | Gary R Lynch | Lynch,linard P & Phyllis M | Quit Claim Deed · related | — |
| Jun 6, 2001 | $215,000 | Linard P Lynch | Green,albert J & Margaret T | Grant Deed | $129k · Bank Of America |
| Oct 7, 1999 | $127,142 | Albert J Green | Dorminy,herman E | Grant Deed | $96k · Suntrust Bank Nature Coast |
| — | — | Phyllis J Lynch | — | Loan Modification · related | — |
Description
This exceptional turnkey investment opportunity in downtown Crystal River, Florida presents a rare chance to acquire a high-performing commercial property. The property, located at 256 NE 4th Street, 34429, comprises three buildings totaling 24 individual storage units and three storage trailers, providing diverse income streams. A fully equipped office and an updated efficiency unit add to the property's versatility. Built in 1971, this single-story complex sits on a 0.55-acre lot and boasts recent upgrades, including a newer roof and stylish pavers. The property's modern security system, featuring state-of-the-art cameras, ensures both tenant and owner security. The asking price is $720,000, with a strong 10% capitalization rate and a net operating income (NOI) of $82,500. This lucrative investment offers a secure and established revenue stream in a desirable location. The property's diverse offerings, recent improvements, and strong financial performance make it an ideal addition to any investment portfolio. This is a truly exceptional opportunity to acquire a well-maintained, high-yield commercial property in the heart of Crystal River. The property is zoned for industrial, land, office, and retail uses.
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Location Insight
- Map
- Local Demand
- City
- Crystal River
- County
- Citrus
- State
- Florida
- Longitude
- -82.5896
- Latitude
- 28.8975
- CBSA code
- 26140
- CBSA name
- HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA
