2945 E GULF TO LAKE Highway
Inverness, FL 34453

$1,350,000

Sq. Ft.: N/A
Type: Commercial
Listing #758053
10,000 square feet with 10 commercial rental units-9.5% cap rate at full occupancy-Tenants include AMSCOT-Electric Beach Tanning-Dream Wireless-R & J Smoke City-US Freedom Group and Jeuine Designs.Retailers in the shopping center on the west corner of Croft Road include Bealls Department Store-TJ Max-McDonalds-Golden Corral-Aspen Dental- Office Max and Regal Cinemas. Lowe's-Super Walmart-Ruby Tuesdays-Olive Garden and Wendy's are in the adjoining shopping area.Easy property to manage with loyal tenants.7 units are presently leases--100% occupancy operating income would be $181,629.24 and it would have a 9.5 % cap rate.
Property Features
Location Information
County: Citrus
Subdivision: Inverness Highlands U 1-9
Directions: Hwy 44 West- one door east of Croft Road next to Shell Gas
Interior Features
Heating / Cooling: Cool - Central Air, Cool - Central Electric, Heat - Central Electric
Floors: Ceramic Tile
Total Number of Units: 10
Exterior Features
Stories: 1
Construction / Foundation: Concrete Block, Foundation - Slab
Roof: Built Up
Possession: At Close
Water / Sewer: Sewer-Septic-Private
Parking Description: Drive - Blacktop, Drive - Paved
Lot Description: 2+ Lots
Lot Size in Acres: 1.54
Zoning: GNC
Road Description: Paved, State
Road Frontage: 280
Is One Story: yes
Additional Information
Property Type: COM
Property SubType: Commercial
Property SubType 2: Commercial
Year Built: 1996
Status: Active
Condo Name: CROFT PLAZA
Tax Year: 2016
Tax Amount: 10, 603


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
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Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative:
Diana G. Marcum, P.A.
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RACC data last updated at June 29, 2017 12:46 AM ET