1298 E NORVELL BRYANT HWY, HERNANDO, FL, 34442
$800,000
Commercial Sale
Living Area
5,901 Sqft
Lot Size
38,365 Sqft
Prime Multi-Tenant Center offering professional office and retail space. Built in 2007, this 5,903 SF CBS building consists of six units and is approximately 90% occupied, offering strong existing tenancy with additional value-add potential. Situated on approximately 0.88 acres with GNC Commercial zoning, the property accommodates a broad range of uses, including medical and professional offices, retail, restaurants, and other commercial businesses. Completely updated and meticulously maintained from the studs to the stucco, the property features an attractive stacked-stone and stucco façade, floor-to-ceiling retail glass, and modern interior spaces with high-quality finishes. Centrally located within Citrus County, the property sits within a 15-minute drive of Lecanto, Beverly Hills, Downtown Crystal River, Homosassa, and Inverness. Consumer spending trends reinforce demand fundamentals, including medical expenditures within the trade area, highlighting strong support for healthcare, medical services, and wellness-oriented uses. The area is characterized by a mature and financially stable demographic profile, with projected income growth and a high concentration of owner-occupied housing reinforcing long-term consumer stability and investment security. Regional connectivity is enhanced by direct access to the newly expanded Suncoast Parkway (SR 589), a significant state infrastructure investment that improves mobility and places the property approximately 55 minutes from Tampa International Airport. From a market perspective, the property benefits from its location within Citrus County, a region experiencing steady population growth and increasing commercial demand. The county currently supports a population of approximately 153,600 residents, with long-term planning capacity for approximately 350,000 residents under the county’s Land Development Code. Continued residential expansion, infrastructure investment, and regional economic development are driving increased demand for healthcare, service, and retail facilities throughout the county.
Property Details
Property Features Property Features
MLS ID: MFROM730330 Year Built: 2007
Construction Materials: Block, Brick Cooling: Central Air
Country: US County Or Parish: Citrus
Flooring: Ceramic Tile, Laminate Foundation Details: Slab
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Assumable, Cash Parking Features: Common
Property Condition: Completed Property Sub Type: Retail
Property Type: Commercial Sale Road Frontage Type: Highway
Road Responsibility: Public Maintained Road Road Surface Type: Paved
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Appointment Only, Call Listing Agent Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Public Vegetation: Wooded
Water Source: Public
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