8929 E GULF TO LAKE HIGHWAY, Inverness, FL 34450

  • $419,000
8929 E GULF TO LAKE HIGHWAY, Inverness, FL 34450
Active
8929 E GULF TO LAKE HIGHWAY, Inverness, FL 34450
8929 E GULF TO LAKE HIGHWAY, Inverness, FL 34450
  • $419,000

Overview

Property ID: HZOM698589
  • Retail, Commercial Sale
  • Property Type
  • 3649
  • Square Feet
  • 1972
  • Year Built

Description

Positioned along the high-traffic corridor of State Road 44 in Inverness, Florida, this fully renovated and affordably priced commercial property presents a rare investment opportunity with a unique competitive edge—direct access to the Tsala Apopka Chain of Lakes. The property comprises a 4,010-square-foot concrete block structure, originally a mechanics facility, now modernized to support a wide range of commercial uses. Key features include three 10’x12’ grade-level roll-up doors, 12-foot ceiling heights ideal for service operations, and 3-phase electric power to accommodate heavy-duty equipment. A two-story build-out provides flexibility for office use or potential live/work arrangements. Recent updates include a new roof and comprehensive interior renovations, enhancing both functionality and long-term value.

Situated on a 0.58-acre lot, with the option to acquire three additional contiguous parcels for a total of 0.78 acres, the site benefits from over 296 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.

  • Address 8929 E GULF TO LAKE HIGHWAY
  • City Inverness
  • State/county FL
  • Zip/Postal Code 34450
  • Area HICKORY HILL RETREATS UNIT 02

Details

Updated on April 3, 2025 at 7:07 am
  • Property ID: HZOM698589
  • Price: $419,000
  • Property Size: 3649 Square Feet
  • Land Area: 0.58 Acres
  • Garage Size: x x
  • Year Built: 1972
  • Property Type: Retail, Commercial Sale
  • Property Status: Active

Mortgage Calculator

$1,347,657.45
Monthly
  • Down Payment $62,850.00
  • Loan Amount $356,150.00
  • Monthly Mortgage Payment $3,032.45
  • Property Tax $1,047,500.00
  • Home Insurance $83.33
  • PMI $296,791.67
  • Monthly HOA Fees $250.00
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