Active
508 N Citrus Avenue
Crystal River FL, 34428
$1,100,000
$372.63 per sqft
Active
2,952 sqft
Commercial
Built in 1959
This former restaurant opportunity is located in the heart of Central Florida's Gulf Coast, capturing the essence of casual dining at its finest. Positioned prominently on a prime downtown block in Crystal River, Florida, this 160-seat restaurant is available for the first time, nestled within the city's designated Downtown Wet Area, which allows for alcoholic drinks throughout the district.
Situated on a generous 0.52-acre corner lot, this property offers unparalleled convenience with 27 rare, private parking spaces onsite, supplemented by ample street parking and nearby public lots. The building, a solid 2,952-square-foot Concrete Block structure, underwent a full renovation in 2019, presenting a modernized and inviting environment for diners. Strategically located to maximize foot traffic, the restaurant is accessible via interconnected trails and bike paths that attract both locals and tourists alike.
Within a three-mile radius, patrons are surrounded by popular national retail outlets, lush parks, and waterways leading to the Gulf of Mexico, providing an ideal setting to draw in visitors seeking both leisure and fine dining. This is a rare chance to acquire a piece of Central Florida's culinary scene, offering an exceptional opportunity to operate a thriving business in a vibrant downtown locale. Equipment and fixtures are to be sold separately; please inquire with the listing agent for details.
Don't miss your opportunity--schedule a private viewing today to explore the endless possibilities that await. The property is poised to benefit from the newly completed Suncoast Parkway extension, along with future planned expansions, which position Citrus County for unprecedented growth within the Tampa Metropolitan Statistical Area (MSA). Just 15 minutes from the property, an ideal customer base of 46,361 residents awaits, with an average age of 58 and a median household income of $65,000.
838710
MLSⓇ ID
November 6, 2024
Listed
November 6, 2024
Updated
Map
508 N Citrus Avenue
Crystal River FL, 34428
Interior Features
Total Stories
1
Floor Description
Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.52 Acres
Lot Features
Corner Lot
Roof
Metal
Sewer
Public Sewer
Other Property Details
Area Name
16
Taxes
$10,585
Tax Frequency
Annually
Days on Market
2
Garage
No
Parking
Parking Pad, Parking Space(s)
Parking Total
27
View
No
County
Citrus
Water Source
Public
Pool
No
Pool Features
None
Zoning
CG
Courtesy of Century 21 J.W.Morton R.E., Elias Kirallah,
Listing Contact: (352) 400-2635
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Laura Bush shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 FL - REALTORS Association of Citrus County (CMLS). All rights reserved.