For Lease
$10/SF/YR

299 Gulf To Lake HwyLecanto, FL 34461

7,254 sq ft Retail Space, High Traffic Area

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 7,254-square-foot retail building in Lecanto, Florida, presents a prime commercial opportunity. Located at 299 E Gulf to Lake Hwy, this single-tenant property sits on a 2.73-acre lot with 68 parking spaces and boasts 297 feet of highway frontage on SR 44. Built in 1978, the building features a 3-phase electrical system and is zoned GNC. The property's open floor plan is highly adaptable, suitable for various uses including restaurants, bars, or QSR establishments. Its previous configuration included a ballroom, kitchen with walk-in refrigeration and hood/fire suppression system, cocktail lounge, and meeting hall. Recent upgrades include a new HVAC system and interior lighting. The property benefits from its location between Inverness and Crystal River, offering access to a substantial customer base within a 5-mile radius, including Citrus Hills. With the expansion of the Suncoast Parkway and projected population growth in Citrus County (estimated to reach 350,000 residents by 2030), this property offers significant long-term investment potential. The area's strong consumer spending on dining and healthcare services further enhances its appeal. Its proximity to key facilities like the Citrus County Courthouse and Citrus Memorial Hospital adds to its strategic advantage within the Tampa-St. Petersburg-Clearwater MSA, the 18th largest in the U.S. The property's two points of ingress and egress ensure convenient access for customers and employees. This is a rare opportunity to acquire a well-located, adaptable commercial property in a rapidly growing market. The APN is 18E19S010010 000D0 0060.

Highlights

  • Excellent highway access via newly expanded six-lane US-19 and the recently extended Suncoast Parkway.
  • 500-lot Habitat for Humanity subdivision in Citrus Springs.
  • 106-unit affordable apartment complex in Inverness.
  • 234-acre planned unit development (PUD) for Preservation Point RV Resort.
  • Proposed 600-site RV resort in Crystal River with amenities.
  • 207-home subdivision in Beverly Hills.

Property Details for 299 Gulf To Lake Hwy

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
7,254 SF
Class
C
Year Built
1978
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
7,254 SF
Rate per SF
$10

Location Insight

City
Lecanto
County
Citrus
State
Florida
Latitude
28.858224386064
Longitude
-82.429491766443
299 Gulf To Lake Hwy, Lecanto, Florida

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Contacts

elias kiralah
elias kiralah
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299 Gulf To Lake Hwy, Lecanto, Florida, 34461

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

299 Gulf To Lake Hwy
  • elias kiralah
    elias kiralah
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