$670,000
$1,000,000
33.0%For more information regarding the value of a property, please contact us for a free consultation.
8,320 SqFt
SOLD DATE : 03/16/2023
Key Details
Sold Price $670,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 8,320 sqft
Price per Sqft $80
Subdivision Tanglewood
MLS Listing ID OM649681
Sold Date 03/16/23
HOA Y/N No
Originating Board Stellar MLS
Year Built 2012
Annual Tax Amount $14,306
Lot Size 1.260 Acres
Acres 1.26
Property Description
Accessible directly off Carl G Rose Hwy and E Millwood Ln is a Former Family Dollar in Hernando, FL. Comprised of a 2012 Class C 8,320 sf retail building situated on 1.26 acres of GNC zoned land, this property has over 142' frontage on SR 200/Carl G Rose Hwy (10,900 AADT) and 33 parking spaces. Prime visibility on the NE corner of SR 200 and E Millwood Lane in addition to full ingress and egress both north- and south-bound and two curb cuts (one on SR 200, one on E Millwood Ln). Interior improvements are in finished condition with ceiling heights ranging from 15'-19', polished concrete floors, florescent/LED lighting, two ADA restrooms, 22.5 tons of HVAC, and a two phase power supply. Constructed with metal cladding walls and finished surfaces for waterproofing, the exterior is stuccoed on three sides with the front elevation constructed of concrete block and featuring beautiful storefront glass and commercial entry doors. Located in Hernando, Florida and part of unincorporated Citrus County, this property is less than 11 miles from Ocala, 7 miles from Downtown Inverness, and less than 18 miles from Dunnellon. Citrus County is part of the Tampa-St Petersburg MSA, the 18th Largest in the nation. With a population of 155,582 residences and growing annually at a rate of 1.29%, Citrus is the 34th largest county in the State of Florida. Citrus County is large and land-barren, with over 60,000 vacant parcels green-lighted for development, plans to expand utilities across the county, and further improving and widening of several cross connecting highways, including the newly completed extension of the 589-Toll Road to SR-44 with further expansion to CR-486, set to be completed by early 2023.
Location
State FL
County Citrus
Community Tanglewood
Zoning GNC
Interior
Cooling Central Air
Building
Foundation Slab
Lot Size Range 1 to less than 2
Structure Type Cement Siding
New Construction false
Others
Ownership Franchise
Special Listing Condition None
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