8929 E Gulf To Lake Hwy, Inverness, FL 34450 | For Sale

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For Sale $350,000 ($87.28 per Sq Ft)

$350,000 ($87.28 per Sq Ft)
  • (0)
  • 2 Units
  • 4,010 Sq Ft
  • 33,977 Sq Ft
  • Unknown Cap Rate

Description

AMAZING LOCATION, IN INVERNESS, CITRUS COUNTY, FL, TAMPA MSA, Just 15 Min From I-75/Florida Turnpike! Seize the opportunity to own your slice of a growing Central Florida Real Estate. Positioned along the high-traffic corridor of State Road 44 in Inverness, Florida, this fully renovated and affordably priced commercial property presents a rare investment opportunity with a unique competitive edge—direct access to the Tsala Apopka Chain of Lakes. The property comprises a 4,010-square-foot concrete block structure, originally a mechanics facility, now modernized to support a wide range of commercial uses. Key features include three 10’x12’ grade-level roll-up doors, 12-foot ceiling heights ideal for service operations, and 3-phase electric power to accommodate heavy-duty equipment. A two-story build-out provides flexibility for office use or potential live/work arrangements. Recent updates include a new roof and comprehensive interior renovations, enhancing both functionality and long-term value.

Situated on a 0.78-acre lot, the site benefits from over 300 feet of visibility along Gulf to Lake Highway (SR 44), which sees an average daily traffic volume of approximately 18,000 vehicles. Zoned Coastal Lakes Commercial (CLC), the property allows for diverse commercial applications, including marine and automotive service facilities, contractor operations, retail establishments, and restaurant or bar concepts. The abundance of parking and open yard space further supports adaptability for high-traffic or equipment-intensive operations.

What distinctly sets this property apart is its rear access to the Tsala Apopka Chain of Lakes—Citrus County’s largest freshwater system encompassing over 22,000 acres and 15 interconnected lakes. This lakefront position not only provides direct water access for marine-related services and recreational uses but also enhances visibility and appeal for destination-driven businesses. It creates a natural platform for adaptive reuse projects such as a waterfront restaurant, bar, or experience-based commercial concept targeting boaters, tourists, and locals alike.

In terms of location, the property is strategically placed just 3.2 miles from Downtown Inverness, 9.1 miles from Floral City, 20.8 miles from Crystal River, and 21.3 miles from The Villages—one of the fastest-growing residential communities in the country. This central access point enables efficient service to a broad consumer base, from long-term residents and retirees to transient recreational users and seasonal visitors. Citrus County itself, home to approximately 153,600 residents as of the latest census data, is poised for sustained expansion, with projections indicating a population nearing 350,000 by 2030 under the county’s Land Development Code. As part of the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area—the 18th largest in the United States—the area is increasingly recognized as a high-potential real estate market.

From an investment perspective, the property’s combination of strategic highway frontage, robust utility infrastructure, and unique water access positions it for long-term viability across multiple commercial verticals. Whether leveraged for a marine repair operation, automotive service center, contractor headquarters, or transformed into a lifestyle-oriented venue such as a waterfront restaurant or taproom, the site aligns well with both existing market needs and emerging growth trends.

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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 $350,000
Property Type Retail
Usable Sqft 4,010
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 1972
Last Sold Unknown
Sold Price Unknown
APN # 20E19S110020000400030
MLS # OM698589
Property ID 321412791
Lot Sqft 33,977
Zoning CLC & CLR
Total Units 2
Days on Market 276
Original List Price $419,000
Date Updated January 02, 2026
Date Created April 02, 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 .


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of January 02, 2026 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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