Retail at 101 Cherry AVE, Inverness
1 photo

$750,000

Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1998
101 Cherry AVE
Inverness, FL 34450
Listed by DIANA G.MARCUM P.A.

Highlights

Property type
Retail
Lot size
0.31 acres
On market
114 days

About this home

PRIME LOCATION! THIS PROPERTY IS SOLD AS-IS, High Traffic area This location is well-established and is easily accessible to attract customers. This prime commercial property was previously a convenience store / gas station. The pumps have recently been removed, and the underground storage tanks have been decommissioned and filled. This property is located in a high-traffic area near major franchise chains, making it an excellent opportunity for future business ventures. THIS BUSY AREA OF MAIN STREET IS LOCATED NEAR THE HISTORIC DOWNTOWN AREA OF INVERNESS. THE PROPERTY IS LOCATED ON THE HIGH TRAFFIC MAIN STREET OF INVERNESS. BUSINESS NEAR THIS LOCATION INCLUDE RESTAURANTS, CITRUS MEMORIAL HOSPITAL, DOCTORS OFFICES, CITRUS HIGH SCHOOL, INVERNESS CITY HALL, AND RESIDENTIAL AREAS

Property details

MLS
Stellar MLS
MLS #
MFRCC856372
Property type
Retail
Subdivision
N/A
Status
Active
Days on market
114
On market date
July 15, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.31 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
INVERNESS PRIMARY SCHOOL
0.22 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
598
Student:teacher ratio
16.2:1
District
CITRUS
Middle
INVERNESS MIDDLE SCHOOL
0.72 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,035
Student:teacher ratio
16.7:1
District
CITRUS
High
CITRUS HIGH SCHOOL
0.13 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,520
Student:teacher ratio
19.2:1
District
CITRUS

Walkability

Blended score for Inverness's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

65
Walkable
out of 100
EPA National Walkability Index
10.8 / 20 -- Above average walkable
Google Places amenity density
80 / 100
Restaurants & cafes20
Grocery stores2
Parks7
Schools6
Transit stops0
Pharmacies5

Market position

How this listing compares to current activity in Inverness, from live MLS data.

On the market 114 days -- 45 fewer days than Inverness's current average of 159 days.
For reference, the median list price across 885 active listings in Inverness right now is $149,995.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$4,667/mo
$150,000 down
$600,000 loan
Principal & interest$3,892
Property tax (est.)$625
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.