$175,000

About this home

BEGINNING OF SUMMER SPECIAL: Make An Offer Event! Owner has indicated he can except discounted offers for contracts closing in June. Great INVESTMENT Opportunity for your portfolio! Income producing property and zoned GNC commercial, located in Dunnellon. This property is situated on .40 acres, with option to buy parcels on both sides to expand the property, 7652 W Dunnellon Rd (.20 acres) and 7622 W Dunnellon Rd (.40 acres). Both of these lots are also zoned GNC, so there are lots of possibilities here. The office is 984 sq ft. and comes complete with reception area (13.5x20), screened front porch, 1 full bathroom, kitchen area, and storage space and currently is being leased for $2,000 a month. Property has circular drive with ample parking. Located 7 miles from downtown Dunnellon and less than 6 miles from US 19 (Suncoast Blvd). The residential population of Citrus County has increased by 15.1% since 2010 (Census Bureau). We are seeing growth all throughout the county, including the Black Diamond Shoppes located in Lecanto, which includes Target, Aldi & Texas Roadhouse and the extension of the Suncoast Parkway 2, with a proposed exit just a few short miles away from this property. Here's an opportunity to own an income generating property (with approximately 6% cap rate). Not only are you getting this amazing property, but also the income that comes along with it. If you're considering diversifying your investment portfolio, look no further. Citrus County's growth trajectory, coupled with the rental income, makes for an investment opportunity that is truly worth exploring. Call today! Close

Property details

MLS

Stellar MLS

MLS #

MFROM670606

Property type

Office

Subdivision

RAINBOW ESTATES UNIT 02

Status

Active

Days on market

939

On market date

January 10, 2024

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.4 acres