$719,000

INCOME PRODUCING with a great est. 10%+ CAP RATE! Long-term 5-yr (with 5 yr renewal option) warehouse lease with 2% increase yearly already in place, expiring in 2033. High-visibility commercial warehouse and office building on the corner of US-41/S Florida Avenue and Pendant Pt in Inverness! This versatile site offers prime frontage along S Florida Avenue, one of Citrus County’s more established commercial corridors with a 16,400 AADT. With excellent exposure, 6,896 of combined leasable space (warehouse and office), steady traffic counts, and easy access in both directions, this location is perfectly positioned for a wide range of commercial operations. The building’s front section features 2,346 leasable space with 10 offices, three exterior entrances, 4 bathrooms, and 2 internal connections to the warehouse. The office layout supports 3 separate office tenants if desired. The warehouse includes 4,550 of leasable space with concrete floors, high ceilings, 2 bathrooms, and 3 high-grade level garage doors. With flexible industrial zoning and a high-growth regional market, this site is a great option for businesses that require space for operations, storage, manufacturing, or distribution. Positioned just minutes from downtown Inverness, the Withlacoochee State Trail, and major community amenities, the property benefits from a steady flow of local and regional traffic. The surrounding area includes a mix of commercial, light industrial, and service-based businesses, making it a natural fit for industrial users seeking convenience and accessibility. This location is well-suited for light manufacturing, warehouse or distribution operations, contractor or trade services, equipment storage, automotive or fleet operations, or industrial yard uses. With strong regional growth, expanding residential development, and increasing demand for industrial and service-sector support, this site offers excellent long-term potential for owner-users, investors, or companies looking to expand their footprint in Citrus County. Metal roof, AC 2009, No Flood Zone, Public Water & Septic. Call today!