116 DR MARTIN LUTHER KING JR AVE, INVERNESS, FL, 34450
$299,900
Land
|
Lot Size
16,250 Sqft
|
This prime commercial vacant parcel is located in Downtown Inverness adjacent to the Citrus County Sheriff's Office and across the street from the Citrus County Courthouse and is zoned CBD, which allows multi-story development up to a maximum height of 70 feet and six stories. Highest and best uses are multi-family residential, retail, and professional office space. This property is extremely site-prep friendly due to it being mostly cleared and flat and already has an existing curbcut. In addition to being in an X flood zone, the CBD zone allows for an impressive 80% impervious surface ratio. Prospective developers should note that multi-story development would include complimentary views of Henderson Lake, Liberty Park, and the historic Citrus County Courthouse ideal for rooftop venue and/or penthouse concepts. Call today to schedule a tour of the property!
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFROM695872 | Year Built: | ||
| Country: | US | Current Use: | Commercial | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional | |
| Lot Features: | Buildable, Central Business District, City Limits, Level, Sidewalk, Street Lights, Paved | Property Type: | Land | |
| Road Frontage Type: | City Street | Road Responsibility: | Public Maintained Road | |
| Road Surface Type: | Paved | Sewer: | Public Sewer | |
| Showing Requirements: | Call Listing Agent, Go Direct | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Street Lights, Water Available | View: | City | |
| Water Source: | Public | |||
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