1424 N Gulf Avenue, Crystal River, FL 34429

$1,290,000

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List Price
$1,290,000
Status
Active
Days on Market
78
MLS#
OM724811
Property Style
Mixed Use
Year Built
1999
Lot Size
96,453
Acres
2.21
Total Acreage
2 to less than 5
MLS Area Major
Crystal River

Property Description

Now available for sale, this expansive 2.21-acre commercial property presents an exceptional opportunity in the heart of fast-growing Crystal River, FL. Offering a highly functional layout with excellent visibility and 16,606 total square feet across three buildings, the site is zoned GNC (General Neighborhood Commercial) under the Citrus County Land Development Code, making it suitable for a wide variety of commercial uses. The main building features two storefront office units, each approximately 32 x 20 feet, along with a 6,000 SF warehouse unit that includes four roll-up doors, additional office space, and two bathrooms. Two additional buildings are configured as storage facilities totaling 42 units. This includes 18 units that are 10 x 25 feet each and 24 units that are 10 x 20 feet each. To provide the next owner with a premier investment foundation, the facility has been strategically transitioning towards growing an improved tenant base at current market rates. This proactive management approach offers a streamlined start, allowing you to immediately capitalize on a stabilized, growth-oriented asset. This turnkey operation includes handover of the Gulf State Storage facility website and a newly implemented automated management program for seamless ACH and credit card rent collection. Recent capital improvements include the installation of a newly fenced perimeter encompassing the entire property, providing enhanced security not yet reflected in current photography. With extremely low overhead, this asset is primed for high-margin returns. Whether you're an investor seeking steady rental income or a business owner in need of workspace with revenue-generating options, this property offers the versatility and location to meet your needs.

Additional Information

Taxes Annual
$8764
Community Features
No Deed Restriction
Property Description
One Story
Air Conditioning
Office Only
Exterior Construction
Metal Frame
Foundation
Slab
Pool
No Pool
Flood Zone Code
X, AE
Parcel ID
17E18S360310 000I0 0010
Legal Description
MAYFAIR GARDEN ACRES PB 2 PG 142 LOT 1 BLK 1

Listing courtesy of WIECHENS REALTY INC. 352-622-3214

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