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5890 Gulf To Lake Highway
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PRICED AT ONLY: $850,000

Address: 5890 Gulf To Lake Highway, Crystal River, FL 34429

Description

This former gas station and convenience store is located at the southwest corner of the busy HWY 44/W Gulf to Lake Hwy commercial corridor (18,900 AADT) and W Fox Ln. in Crystal River, Florida, part of Citrus County in the Tampa/St. Petersburg MSA. Situated on a 1.04 acre corner lot zoned GNC, the property offers 140 feet of visibility on SR 44. The 2,400 SF convenience store features a gas canopy (dispenser removed), with fueling tanks still present and capable of being reestablished. The property benefits from its proximity to key infrastructure, including the newly constructed SR 44/589 Toll Road and its future expansion to CR 486, just 1.7 miles east, as well as the major intersection of US 19 and SR 44, located 4.9 miles to the west. Within a 10 mile radius, the area includes prominent communities such as Citrus Hills Terra Vista, Black Diamond with its PGA caliber golf courses, and larger population centers like Lecanto, Beverly Hills (The Central Ridge), and historic downtown Inverness. Citrus County, home to 153,600 residents, is poised for significant growth, with projections under the Countys Land Development Code estimating a population of 350,000 by 2030. As part of TampaSt. PetersburgClearwater MSAthe 18th largest metropolitan area in the United StatesCitrus County is recognized as a premier real estate market. The City of Inverness has invested heavily in revitalization efforts, including the construction of lakefront parks such as Liberty Park, Wallace Brooks Park, and the Depot District. Additionally, the recent $135 million expansion of the Suncoast Parkway and its planned future extensions position Citrus County for exponential growth within the Tampa MSA.Within a 15 minute drive of the property, the customer base includes 46,361 residents, with an average age of 58 and a median household income of $65,000an ideal demographic for retail and commercial ventures.
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
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  • MLS#: 839748 ( CommercialSale )
  • Street Address: 5890 Gulf To Lake Highway
  • Viewed: 5
  • Price: $850,000
  • Price sqft: $354
  • Waterfront: No
  • Year Built: 1974
  • Bldg sqft: 2400
  • Days On Market: 7
  • Acreage: 1.04 acres
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  • All fields are required.
Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Concrete
  • Living Area: 0.00
  • Roof: Metal
Land Information
  • Lot Features: Acreage, CornerLot, Flat
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Paved, ParkingSpaces
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Road Frontage Type: CountyRoad, CityStreet
  • Sewer: PublicSewer, SepticTank
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2023
  • Trash Expense: 0.00
Other Features
  • Current Use: MixedUse, Restaurant
  • Legal Description: E 165.2 FT OF 2 AC SQ IN NE COR OF SW1/4 OF SW1/4 OF SW1/4 SEC 30-18-18 EXC R/W & A 2 AC SQUARE IN NE COR OF SW1/4 OF SW1/4 OF SW1 /4 OF 30-18-18 EXC W 100 FT & EXC E 165.2 FT & EXC ANY PT LYING WITH R/W OF SR 44 TITLE IN OR BK 1927 PG 1032
  • Levels: One
  • Area Major: 23
  • Occupant Type: Tenant
  • Parcel Number: 1493757
  • Possession: Closing
  • The Range: 0.00
  • Year Established: 1974
  • Zoning Code: GNC
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