401 Tompkins St, Inverness, FL 34450 | For Sale

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For Sale $385,000 ($240.63 per Sq Ft)

$385,000 ($240.63 per Sq Ft)
  • (0)
  • Units
  • 1,600 Sq Ft
  • 15,000 Sq Ft
  • Unknown Cap Rate
Brochure

Description

Nestled in Historic Downtown Inverness, the R.O. Hicks House stands as one of the oldest remaining landmarked homes, offering timeless charm and endless potential. Built in the early 1900s, this beautifully preserved property is a rare find, ready to be transformed into your dream business. Positioned on a .34-acre corner lot with high visibility along W Main Street/SR 44 (40,000 AADT), it offers unparalleled access and downtown prominence. The 1,600 SF main building features high ceilings, a grand room, a kitchen, two restrooms, and original hardwood floors, while a 350 SF converted garage serves as a private office or potential rental space. A true downtown rarity, the property includes 17+ on-site parking spaces with Handicap, ensuring seamless access for customers and clients. Steps from shops, restaurants, Citrus Memorial Hospital, the Citrus County Courthouse, and City Hall, it also connects to the Depot District, Liberty Park, and the Withlacoochee State Trail, drawing eco-tourists and visitors from around the world. As part of the Tampa–St. Petersburg–Clearwater MSA, Citrus County is booming, with population growth expected to reach 350,000 by 2030. The $135 million Suncoast Parkway expansion is further fueling regional development. Whether you envision a boutique, artisan studio, tea house, bakery, or live-work space, the possibilities are endless. Zoning encourages creative business ventures, making this a once-in-a-lifetime investment. Step into history, embrace opportunity, and bring your vision to life in this charming downtown gem!

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $385,000
Property Type Retail
Usable Sqft 1,600
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 1900
Last Sold Unknown
Sold Price Unknown
APN # 20E19S170010000200150
MLS # OM696932
Property ID 298410660
Lot Sqft 15,000
Zoning C
Days on Market 282
Original List Price $450,000
Date Updated December 17, 2025
Date Created March 10, 2025

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Elias Kirallah an agent of .


© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of December 17, 2025 The information being provided is 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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