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$800,000

1298 E Norvell Bryant Highway Hernando, FL 34442 Commercial - Retail Active

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Description

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 fa?ade, 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 Highlights

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.88 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $7,595
Year Built: 2007

General Information

County: Citrus
Subdivision: HERCALA ACRES
Listed By:
Elias Kirallah CENTURY 21 J.W.MORTON R.E. 352-726-6668

Property Features

Directions: From Downtown Hernando, head West on E Norvell Bryant Hwy for 2.3 Miles and you should reach your destination on the left side of the street.
Exterior: Block, Brick
Flood Zone Code: X
Flooring: Ceramic Tile, Laminate
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Assumable, Cash
Lot Dimensions: 0.88
Ownership: Fee Simple
Parking: Common
Parking Notes: Common
Property Attached Y/N: No
Property Sub-Type: Retail
Road Frontage: 150
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent
Special Sale Provisions: None
Units: 5
Utilities: Public
Vegetation: Wooded
Water: Public
Water Access Y/N: No
Zoning: GNC
$800,000
New to the Market Active
SQUARE FEET5,901 MLS#OM730330
STATUSActive PROPERTY TYPECommercial - Retail SUBDIVISIONHERCALA ACRES

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1298 E Norvell Bryant Highway, Hernando, FL 34442.

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