PRIME CORNER LOT DOWNTOWN 1601 W Main St

COMMERCIAL DEVELOPMENT CORNER WITH 1.84 ACRES
Strategically positioned on the southwest corner of SR 44/W Main Street within the city limits of Historic Downtown Inverness, this property boasts over 200 feet of highway frontage and offers seamless ingress and egress from two roads. Currently occupied by a thriving RV Sales and Repair company, the facility, originally constructed in 1971, spans 12,900 square feet, including a 2,850 square feet sales department and a 10,320 square feet Repair Garage. With 15 grade-level receiving doors ranging from 10 to 14 feet, six of which feature pull-through capabilities, as well as 12 to 16 feet high ceilings, 3 and 4 phase electrical supply, and three in-ground automobile/RV hydraulic lifts, the property is well-equipped for various commercial activities. It's noteworthy that the operating business is in the process of expanding and relocating to a new location and is not available for sale.
Prime location for high-intensity commercial development, this subject property is connected to City Water and Sewer, situated on a spacious 200’x400’ corner lot totaling 1.84 acres. Zoned C-Commercial, it allows for a diverse range of uses, including all retail operations and other general neighborhood commercial activities including Medical/Professional Office, with the flexibility of up to a 70% FAR lot coverage.
Nestled within the prime retailer HUB in Citrus County on SR 44, this property experiences 70% more commercial activity than any other transportation corridor in the region. Surrounded by a rich density of national and regional retailers such as Publix Supermarket, Winn-Dixie, Walmart, Lowe’s, T-J Maxx, and various branded Quick Service Restaurants, the location is just minutes away from Courthouse Square, Citrus County Courthouse, Tax Collectors, City Hall, Citrus Memorial Hospital, and the newly developed Depot District in Downtown on Lake Henderson.
Within a 15 min drive time of the subject property you will find an ideal customer base of 46,361 residentes with an average age of 58 and median household income of $65,000 and growing 2.83% annually. Strong market consumer expenditures identified that 66 % of the residents dined out at Restaurant/SteakHouse and 89% went to Fast Food Restaurant. Also given the median age of 58 the area population had spent over $ 106 million on Health Care Services.
This site provides access to flourishing populations in Floral City (7.8 Miles), Lecanto (8.8 Miles), Beverly Hills (11.5 Miles), Crystal River (16.6 Miles), and Homosassa (18.8 Miles). Located in Citrus County, which is currently home to 153,600 residents, the area is projected to experience exponential growth, with an estimated 350,000 residents under Citrus County’s Land Development Code by 2030. As part of the Tampa–St. Petersburg–Clearwater MSA, ranked as the 18th largest in the U.S., Citrus County stands out as one of the nation's premier real estate markets.
-Strategic Location: Positioned on the southwest corner of SR 44/W Main Street in Historical Downtown Inverness, offering exceptional visibility and accessibility with 30,500 AADT.
-Highway Frontage: Boasts over 200 feet of highway frontage with full ingress and egress from two roads, enhancing convenience for businesses and customers.
-Versatile Zoning: Zoned C-Commercial on a 1.84-acre corner lot (200'x400'), allowing for a wide range of uses, including retail operations and general neighborhood commercial activities, with a generous 70% FAR lot coverage.
-Retailer Hub: Located within the prime retailer HUB of Citrus County on SR 44, surrounded by major national retailers within a 5-mile radius, ensuring a 70% higher footfall in the active commercial corridor.
-Proximity to Key Facilities: Minutes away from Courthouse Square, home to Citrus County Courthouse, Tax Collectors, and Citrus Memorial Hospital in the newly developed Depot District of Inverness, Florida.
-Central Accessibility: Easily accessible to neighboring cities, including Floral City, Lecanto, Beverly Hills, Crystal River, and Homosassa, making it a central hub for business activities.
-Population Growth Projection: Positioned in Citrus County, currently home to 153,600 residents, with a projected exponential growth to an estimated 350,000 residents by 2030 under Citrus County’s Land Development Code.
-Premier Real Estate Market: As part of the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area, ranked as the 18th largest in the U.S., Citrus County stands out as one of the nation's premier real estate markets, offering immense potential for businesses and investors.
Logistic Details:
-County Road 486 runs entirely along West Norvell Bryant Highway. It runs West to East from SR 44 east of Crystal River into US-41 in Hernando, just south of the southern terminus of SR 200. The route was once the former SR 486. County Road 486 spans 4 lanes, is almost entirely a divided highway, and is flanked by a parallel bicycle path on the south side.
-County Road 491 is Lecanto Highway, a bi-county South to North road that begins at the Hernando-Citrus County Line in Oak Grove near the Withlacoochee State Forest and ends at SR 200 in Stoke's Ferry, just south of the intersection with the northern segment of CR 39. It was formerly designated as SR 491.
-County Road 44 (often marked as County Road 44W) exists as the western tip of old Florida State Road 44, south of "Downtown" Crystal River. The suffix "W" was most likely added to not confuse this section with State Road 44, to the north, and to show its location by being west of US 19 and US 98(SR 55). As with the majority of these types of 'coastal spur' routes, in West Central Florida, it is county-maintained.
-U.S. Route 19 (US-19) runs 264 miles (425 km) along Florida's West Coast from an interchange with U.S. Route 41 in Memphis, Florida, south of Tampa, and continues to the Georgia border north of Monticello, Florida. Newly 6 lane Highway was constructed from the Hernando County line to Fort Island Trail and US 19 in Crystal River, Florida.
Suncoast Parkway:
The Suncoast Parkway recently opened was a $135 Million Dollar expansion that extends 13 miles north from US-98 to SR 44 which features 15 new bridges, electronic tolling gantries, and the extension of The Suncoast Trail part of the Florida's Statewide Greenways and Trail System. The Suncoast Parkway is just 68 Miles 1 hour and 15 mins from Tampa making it a great commuting Highway for the workforce seeking to be outside of the Tampa traffic. The Veterans Expressway and Suncoast Parkway is a north–south toll road near the Florida Gulf Coast. Maintained and operated by Florida's Turnpike Enterprise, this 68-mile transportation corridor extends from State Road 60 in Tampa, north to State Road 44 near Lecanto.