425 S Croft Avenue

    Inverness, FL 33453
    • $1,995,000
    • STATUS: Active
    • ON SITE: 422 days
    • MLS #: 780506
    UPDATED: 67 min ago
    $1,995,000
    • 0
      BEDS
    • 1.54
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,920
      SQFT
    • $183
      $/SQFT
    Type:
    Commercial
    Built:
    1995
    County:
    Area:
    07

    School Ratings & Info

    Description

    INVESTORS, TAKE NOTICE!!! Mobil 1 Lube Express, Parkside Plaza commercial strip plazas, and Foam City Car Wash form an income-generating powerhouse, consisting of four buildings, and located on two separate parcels consisting of 1.54 GNC-zoned acres. This high traffic area is conveniently located near Hwy 44 directly on Croft Ave in the Citrus Hills-Inverness area. The property and businesses are sold together. The CAP rate is very strong and year-over-year revenue has increased each year for the last three years. This listing is priced to sell quickly. The seller will remain to train the new owner for a reasonable period of time, as needed. 10+ CAP RATE opportunities, like this one, do not come along often.

    Monthly Payment Calculator



    © 2020 Citrus County Association of Realtors. All rights reserved. Based on information from the Contra Costa Association of REALTORS® MLS as of 2020-04-04T10:54:35.743. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
    www.plantationrealtylistings.com/homes/91611481

    425 S Croft Avenue Inverness, FL 33453

    • Price: $1,995,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 780506
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.54
    Acres
    10,920
    SQFT
    $183
    $/SQFT
    1995
    Built
    Neighborhood:
    Inverness Highlands South
    County:
    Citrus
    Area:
    07
    Property Description
    INVESTORS, TAKE NOTICE!!! Mobil 1 Lube Express, Parkside Plaza commercial strip plazas, and Foam City Car Wash form an income-generating powerhouse, consisting of four buildings, and located on two separate parcels consisting of 1.54 GNC-zoned acres. This high traffic area is conveniently located near Hwy 44 directly on Croft Ave in the Citrus Hills-Inverness area. The property and businesses are sold together. The CAP rate is very strong and year-over-year revenue has increased each year for the last three years. This listing is priced to sell quickly. The seller will remain to train the new owner for a reasonable period of time, as needed. 10+ CAP RATE opportunities, like this one, do not come along often.
    Exterior Features

    Construction Materials BlockConcrete Foundation Details BlockSlab Garage YN Yes Lot Features Multiple Lots Parking Parking Spaces Parking Features Garage Parking Total 36 Pool Features None Road Frontage Type State Road Road Surface Type Paved Roof Shingle Waterfront YN No

    Interior Features

    Building Area Total 10920 Cooling Central Air Cooling YN Yes Flooring CarpetConcreteCeramic Tile Heating CentralElectric Heating YN Yes Levels One

    Property Features

    Association YN No Listing Terms CashConventional1031 Exchange Pool Private YN No Possession Closing Property Sub Type Retail Special Listing Conditions Standard Tax Annual Amount 11439 Tax Year 2018 Water Source Public Zoning Gnc

    Listing information © 2020 Citrus County Association of Realtors
    Listing provided courtesy of Louis "Lou" Newman of Keller Williams Realty-Elite



    © 2020 Citrus County Association of Realtors. All rights reserved. Based on information from the Contra Costa Association of REALTORS® MLS as of 2020-04-04T10:54:35.743. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
     
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