4,010 SqFt
4,010 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,010 sqft
Price per Sqft $79
Subdivision Hickory Hill Retreats Unit 02
MLS Listing ID OM698589
Construction Status Completed
HOA Y/N No
Year Built 1972
Annual Tax Amount $3,589
Lot Size 0.780 Acres
Acres 0.78
Lot Dimensions 220x120
Property Sub-Type Retail
Source Stellar MLS
Property Description
Situated on a 0.78-acre lot, the site benefits from over 300 feet of visibility along Gulf to Lake Highway (SR 44), which sees an average daily traffic volume of approximately 18,000 vehicles. Zoned Coastal Lakes Commercial (CLC), the property allows for diverse commercial applications, including marine and automotive service facilities, contractor operations, retail establishments, and restaurant or bar concepts. The abundance of parking and open yard space further supports adaptability for high-traffic or equipment-intensive operations.
What distinctly sets this property apart is its rear access to the Tsala Apopka Chain of Lakes—Citrus County's largest freshwater system encompassing over 22,000 acres and 15 interconnected lakes. This lakefront position not only provides direct water access for marine-related services and recreational uses but also enhances visibility and appeal for destination-driven businesses. It creates a natural platform for adaptive reuse projects such as a waterfront restaurant, bar, or experience-based commercial concept targeting boaters, tourists, and locals alike.
In terms of location, the property is strategically placed just 3.2 miles from Downtown Inverness, 9.1 miles from Floral City, 20.8 miles from Crystal River, and 21.3 miles from The Villages—one of the fastest-growing residential communities in the country. This central access point enables efficient service to a broad consumer base, from long-term residents and retirees to transient recreational users and seasonal visitors. Citrus County itself, home to approximately 153,600 residents as of the latest census data, is poised for sustained expansion, with projections indicating a population nearing 350,000 by 2030 under the county's Land Development Code. As part of the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area—the 18th largest in the United States—the area is increasingly recognized as a high-potential real estate market.
From an investment perspective, the property's combination of strategic highway frontage, robust utility infrastructure, and unique water access positions it for long-term viability across multiple commercial verticals. Whether leveraged for a marine repair operation, automotive service center, contractor headquarters, or transformed into a lifestyle-oriented venue such as a waterfront restaurant or taproom, the site aligns well with both existing market needs and emerging growth trends.
Location
State FL
County Citrus
Community Hickory Hill Retreats Unit 02
Area 34450 - Inverness
Zoning CLC & CLR
Interior
Cooling None
Flooring Concrete
Exterior
Parking Features Parking Spaces - 1 to 5
Utilities Available Electricity Available, Public
View Y/N Yes
Water Access Yes
Water Access Desc Lake
Roof Type Shingle
Exposure East
Building
Lot Description FloodZone, Paved
Story 1
Entry Level Two
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer, Septic Tank
Water Public, Well
Structure Type Stucco
New Construction false
Construction Status Completed
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM698589
Learn More About LPT Realty
Sales Executive License ID: SL3522272