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    425 S Croft Avenue

    Inverness, FL 34453
    • $1,799,900
    • STATUS: Active
    • ON SITE: 54 days
    • MLS #: 793903
    Price Reduced
    UPDATED: 29 min ago
    $1,799,900
    • 0
      BEDS
    • 1.54
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1995
    County:
    Area:
    08

    School Ratings & Info

    Description

    Parkside Plaza is a highly profitable Business and Real Estate portfolio being offered for sale in Inverness, Citrus County, Florida and surrounded by national retailers such as Lowes, Walmart, TJ-Maxx, McDonalds, Wendys and More. Subject property consist four free standing mixed use commercial buildings totaling 11,048 SF with 7 Units which included a two retail buildings with 6 units of mixed use commercial, Mobile 1 Express lube established in 1996 and deemed an essential service experiencing year over year growth in revenue with three service bays and fully operating and cash flowing business and a fully automated and self serve car wash. Expected to growth in sales 10% of business based on 2020 trailing financials. Parkside Plaza, Mobile 1 and Car Wash can be easily managed from a far or for an active sole proprietor. Currently without financing the property features a 14.8% return on investment and 31.1% cash on cash return with financing.

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    © 2020 Citrus County Association of Realtors. All rights reserved. Based on information from the Contra Costa Association of REALTORS® MLS as of 2020-09-29T17:54:48.077. 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/108590115
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    425 S Croft Avenue Inverness, FL 34453

    • Price: $1,799,900
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 793903
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.54
    Acres
    1995
    Built
    Neighborhood:
    Not On List
    County:
    Citrus
    Area:
    08
    Property Description
    Parkside Plaza is a highly profitable Business and Real Estate portfolio being offered for sale in Inverness, Citrus County, Florida and surrounded by national retailers such as Lowes, Walmart, TJ-Maxx, McDonalds, Wendys and More. Subject property consist four free standing mixed use commercial buildings totaling 11,048 SF with 7 Units which included a two retail buildings with 6 units of mixed use commercial, Mobile 1 Express lube established in 1996 and deemed an essential service experiencing year over year growth in revenue with three service bays and fully operating and cash flowing business and a fully automated and self serve car wash. Expected to growth in sales 10% of business based on 2020 trailing financials. Parkside Plaza, Mobile 1 and Car Wash can be easily managed from a far or for an active sole proprietor. Currently without financing the property features a 14.8% return on investment and 31.1% cash on cash return with financing.
    Exterior Features

    Construction Materials BlockConcreteStucco Foundation Details Block Lot Features AcreageCorner LotFlat Parking Features PavedParking Space(S) Parking Total 40 Pool Features None Road Frontage Type Private Road Roof AsphaltShingle Waterfront YN No

    Interior Features

    Building Area Total 11048 Cooling Central Air Cooling YN Yes Flooring CarpetConcreteLaminate Interior Features High Ceilings Levels One

    Property Features

    Association YN No Business Type Auto ServiceRetail Listing Terms CashConventionalLease OptionLease Purchase Possession Closing Property Sub Type Retail Sewer Septic Tank Special Listing Conditions Standard Tax Annual Amount 9210 Tax Year 2019 Water Source Public Zoning Gnc

    Listing information © 2020 Citrus County Association of Realtors
    Listing provided courtesy of Elias G Kirallah of Century 21, J.W. Morton



    © 2020 Citrus County Association of Realtors. All rights reserved. Based on information from the Contra Costa Association of REALTORS® MLS as of 2020-09-29T17:54:48.077. 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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