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700 5th Terrace Suite 4, CRYSTAL RIVER, FL 34429
Priced at Only: $195,000
For more Information Call Mobile: 352.279.4408
Address: 700 5th Terrace Suite 4, CRYSTAL RIVER, FL 34429
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  • MLS#: OM689656 ( Commercial Sale )
  • Street Address: 700 5th Terrace Suite 4
  • Viewed: 1
  • Price: $195,000
  • Price sqft: $138
  • Waterfront: No
  • Year Built: 1982
  • Bldg sqft: 1410
  • Days On Market: 216
  • Additional Information
  • Geolocation: 28.8903 / -82.5824
  • County: CITRUS
  • City: CRYSTAL RIVER
  • Zipcode: 34429
  • Provided by: CENTURY 21 J.W.MORTON R.E.
  • Contact: Elias Kirallah
  • 352-726-6668
  • mfrmls
  • DMCA Notice
  • Description
    The escalating costs and impracticality of traditional office spaces have presented a challenge for businesses seeking cost effective and strategic commercial solutions. In response, an unparalleled opportunity has emerged in the heart of Crystal River, Florida, within the rapidly growing Citrus County Nature Coast region. This 1,410 SF commercial office/retail unit offers a competitively priced, partly renovated space that combines functionality, location, and growth potential. Located within a thriving retail corridor, the property is strategically positioned amidst national retailers, dining establishments, essential services, City Hall, and the downtown Square. The unit, wired for surround sound, security systems, and high speed internet, features a front retail area, a private office/exam room, and additional storage space. These amenities are designed to accommodate diverse business operations, from retail enterprises to professional office use. Citrus County is experiencing unprecedented growth, driven by the $135 million Suncoast Parkway expansion, which has significantly improved connectivity within the Tampa St. Petersburg Clearwater MSAthe 18th largest metropolitan area in the United States. The countys strategic location places it at the forefront of regional growth, with projections indicating a population surge from the current 153,600 residents to an estimated 350,000 by 2030 under the Land Development Code. The immediate vicinity of the property offers access to an ideal consumer base of 46,361 residents within a 15 minute radius. This demographic, characterized by an average age of 58 and a median household income of $65,000, demonstrates robust consumer spending habits. Approximately 66% of residents dine out regularly, while 89% frequent fast food establishments, underscoring a strong demand for retail and dining services. Furthermore, healthcare expenditures, totaling over $106 million annually, highlight opportunities in medical and wellness related sectors. Disclaimer: All information provided herein is for marketing purposes only and is not guaranteed for accuracy. Prospective buyers or tenants are encouraged to conduct their own independent due diligence. The seller, broker, and associated parties make no representations or warranties, expressed or implied, as to the accuracy or completeness of this information. All dimensions, zoning details, financial data, and other property related facts should be independently verified. Please consult with appropriate licensed professionals before making any investment or purchasing decisions.
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. THAT CERTAIN CONDO PCL COMP OF UN 4 AND A UNDIVIDED SHARE IN THE COMMON ELEMENTS APP THERETO SUBJ TO AND IN ACCORDANCE W/ THE COVENANTS CONDITIONS RESTRICTIONS TERMS AND OTHER PROVISIONS OF DECLARATION OF CONDOMINIUM OF PROFESSIONAL PARK A CONDOMINIU M W/ EXHIBITS ANNEXED THERETO AS REC IN OR 600 PG 1732 THRU 1764 AMENDED IN OR 603 PG 1192
Levels
  1. One
Living Area
  1. 1410.00
Area Major
  1. 34429 - Crystal River
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 17E-18S-27-0000-44333-0040
Parking Features
  1. Common
Property Condition
  1. Completed
Property Type
  1. Commercial Sale
Road Frontage Type
  1. County Road
Roof
  1. Shingle
Tax Year
  1. 2023
Township
  1. 18S
Unit Number
  1. Suite 4
Virtual Tour Url
  1. https://mls.ricoh360.com/27521feb-5541-4d62-a488-d3c715e18f6b
Year Built
  1. 1982
Zoning Code
  1. CG
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