431 Highway 41

Inverness, FL 34450

$450,000
Price
—
Beds
2,598 Sq. Ft.
$173 / Sq. Ft.
2,598
Sq. Ft.
$173
per Sq. Ft.

Description

Presenting a prime investment opportunity in a high-visibility location, this versatile property is available for purchase or lease. Spanning 2,638 sq. ft. on a 0.43-acre lot, this site has long been zoned as a restaurant and includes an adjacent parking area, making it a turnkey option for your business venture. The solid concrete block building is designed for flexibility, featuring a durable metal roof, three front entrances, and four separate power meters. Whether you're looking to operate as...Presenting a prime investment opportunity in a high-visibility location, this versatile property is available for purchase or lease. Spanning 2,638 sq. ft. on a 0.43-acre lot, this site has long been zoned as a restaurant and includes an adjacent parking area, making it a turnkey option for your business venture. The solid concrete block building is designed for flexibility, featuring a durable metal roof, three front entrances, and four separate power meters. Whether you're looking to operate as a single entity or divide the space into four distinct units, the open layout offers endless possibilities for customization. With 270 feet of prominent highway frontage, your business will enjoy maximum exposure and easy customer access. The adjacent lot provides ample parking, ensuring convenience for your clientele. Situated directly across from the popular Rails to Trails path, the location benefits from a steady stream of foot traffic from cyclists, joggers, and walkers. Additionally, with the ongoing development of downtown Inverness just minutes away, this property is strategically positioned for future growth. Don't miss out on the chance to establish or expand your business in this sought-after location! Contact us today to learn more and schedule a viewing.
  1. Listed by Leeroy Thompson • DENNIS REALTY & INV. CORP.

Property Details for 431 Highway 41

Subdivision Name
INVERNESS TOWN
Township
19
Waterfront
No
LISTING UPDATED: 09/03/2024 07:49 PM

Property Details for 431 Highway 41

StatusActive
MLS #T3550930
Days on Market110
Taxes$3,762 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1973
Lot Size0.43 AC / 18,547 SF
CountyCitrus County

Building Information for 431 Highway 41

Stories-Residences-Year Built1973Lot Size0.43 AC / 18,547 SF

Property Information for 431 Highway 41

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2638.0
  • Building Area Units: Square Feet
  • Directions: Starting from E Bushnell Rd, head west toward S US Highway 41. Turn right onto S US Highway 41 (US-41 N) and continue straight for about 0.5 miles. You'll find 431 S US Highway 41 on your right.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: City Street, Highway
  • Unit Number: No
  • Street Number: 431
  • Street Direction Prefix: S
  • Street Name: US HIGHWAY 41
  • State: FL
  • City: INVERNESS
Parking
  • Parking Features: 13 to 18 Spaces
Taxes and HOA Information
  • Tax Block: 540
  • Tax Book Number: 1-20
  • Tax Legal Description: COM AT THE SE CORN OF SEC 17-19-20 TH S 89D 46M 10S W AL THE S LINE OF SD SEC 17 A DIST OF 169.40 FT TO THE POB SD PT BEING ON THE SW R/W LINE OF SCL R/R FNA ACL R/R TH N 31D 11M 50S W AL SD R/W LINE 171.40 FT TH S 59D 16M 32S W 57.79 FT TO A PT ON T HE NW R/W LINE OF US HWY 41 SD PT BEING ON A CURVE CONCAVED SW HAVING A CTRL ANG OF 29D 56M AND RAD OF 2392.01 FT TH SE AL THE ARC OF SD CURVE A CH BEARING AND DIST OF S 34D 19M 05S E 141.27 FT TO A PT ON SD S LINE OF SEC 17 TH N 89D 46M 10S E AL SD S LINE 58.61 FT TO THE POB TITLE IN OR BK 589 PG 1907 & OR BK 2613 PG 1502
  • Tax Lot: 15
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels Description: 20E-19S-20-11115
  • Additional Parcels: Yes
  • Lot Features: In City Limits, Near Public Transit, Oversized Lot
  • Parcel Number: 20E-19S-17-0050-00540-0015
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Use Code: C
  • Water Access: No
  • Water Extras: No
  • Zoning: C
  • Living Area: 2598
Property and Assessments
  • Year Built Numeric: 1973
  • Accessibility Features: Accessible Approach with Ramp
  • Flood Zone Code: X
  • Flood Zone Date: 09-26-2014
  • Flood Zone Panel: 12017C0354D
  • New Construction: No
  • Number Of Lots: 2
  • Public Survey Range: 20
  • Public Survey Section: 17
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Capable, Electricity Available, Public, Water Connected
  • Water Source: Public
  • Num Electric Meters: 4.0
  • Num Gas Meters: 1.0
  • Num Water Meters: 4.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Converted Residence: No
  • Foundation Details: Slab
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Waterfront Feet Total: 0
Interior Features
  • Ceiling Height: 16 to 22 Feet
  • Ceiling Type: Insulation/Vinyl
  • Cooling: Central Air, Mini-Split Unit(s)
  • Flooring: Concrete
  • Freezer Space: No
  • Heating: Electric
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No

Property History for 431 Highway 41

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 431 Highway 41

Taxable ValueLand$47,210Additions$122,600Total$169,810
Tax Record2023$3,762 ($314 / month)
Home Facts
Baths2.5Total Finished SqFt2,598 SqFtAbove Grade Finished SqFt2,598 SqFtStories1Lot Size9,960 SqFtStyleRestaurantYear Built1973ZoningC COMMERCIALCountyCITRUSAPN20E-19S-17-0050-00540-001.5

Schools near 431 Highway 41

This home is within Citrus.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Inverness Primary School
PublicPK to 5

Inverness Middle School
Public6 to 8

Citrus High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

431 Highway 41 is a mixed use property for sale in Inverness, FL 34450. This property was listed for sale on August 29, 2024 by DENNIS REALTY & INV. CORP., it's currently listed at $450,000. It has been on the market for a total of 110 days and was last sold on April 26, 2022. This listing's school district is Citrus. Nearby schools include Inverness Primary School, Inverness Middle School and Citrus High School. 431 Highway 41 is a 0-bed, 0-bath, 2,598 sqft mixed use property built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DENNIS REALTY & INV. CORP., Leeroy Thompson

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 09/03/2024 07:49 PM