Crystal River, FL 34428,47 NW US HIGHWAY 19
Crystal River, FL 34428,47 NW US HIGHWAY 19
Crystal River, FL 34428,47 NW US HIGHWAY 19
$360,000
Est. payment /mo
$440,000
18.2%
Est.Price: ?

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1,164 SqFt
SOLD DATE : 10/30/2023

Key Details

Sold Price $360,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 1,164 sqft

Price per Sqft $309

Subdivision Sylvan Glen Add

MLS Listing ID OM660048

Sold Date 10/30/23

Construction Status No Contingency

HOA Y/N No

Originating Board Stellar MLS

Year Built 1963

Annual Tax Amount $1,331

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 150 x 100 x 50

Property Description

Prime Commercial Corner in DT Crystal River, FL! Consisting of 2 buildings, 3,348 SF of usable for retail, office, and multi-family purposes. Improvements were built in 1963 and sit on .29 acres of General Commercial property, providing 20 parking spaces with additional city parking next door. This location allows for a wide range of uses, including retail, office, and restaurants, among others. Situated at the NW corner of US H1Y 19 (18,000 AADT) and NW 1st Avenue, just one block from the newly developed Crystal River Town Square and Riverwalk, City Cross Town Trail, as well as boutique restaurants and shops catering to tourism. Area amenities for tourists include Three Sister Springs, Hunter Springs Park, Kings Bay, and nearby public boat ramps. To the north of the property, you'll find Seven Rivers Hospital, while to the south, there is a 6-lane expansion of US 19 (spanning from the Hernando County Line to Fort Island Trail in Crystal River) and the Suncoast Parkway (589 Toll Road), allowing for a 1-hour and 9-minute commute to Tampa International Airport. National brands such as Walgreens, CVS, McDonald's, Taco Bell, Dunkin', Wawa, and Winn-Dixie are located in the vicinity. Being within Crystal River City Limits, this property presents a prime opportunity for redevelopment and inclusion in the 50-year vision for the CR Civic Master Plan, aiming to beautify the area and stimulate the local economy. Citrus County, where the property is located, is a growing community in the Tampa-St. Petersburg MSA, is the 18th largest in the nation with 155,582 residents and an annual growth rate of 1.29%. Citrus County itself is the 34th largest county in the state and offers ample land for development, with over 60,000 vacant parcels approved for future projects.

Location

State FL

County Citrus

Community Sylvan Glen Add

Zoning CG

Interior

Cooling Central Air

Building

Story 1

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Structure Type Block, Concrete, Stucco

New Construction false

Construction Status No Contingency

Others

Ownership Corporation

Special Listing Condition None

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Stellar MLS
Listed by CENTURY 21 J.W.MORTON R.E.
Bought with CENTURY 21 J.W.MORTON R.E.
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