Inverness, FL 34453,3315 E GULF TO LAKE HWY
Inverness, FL 34453,3315 E GULF TO LAKE HWY
Inverness, FL 34453,3315 E GULF TO LAKE HWY
Inverness, FL 34453,3315 E GULF TO LAKE HWY
Inverness, FL 34453,3315 E GULF TO LAKE HWY
Inverness, FL 34453,3315 E GULF TO LAKE HWY
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$900,000

$1,200,000

25.0%
Est.Price: ?

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Est. payment /mo

2,720 SqFt


SOLD DATE : 10/29/2020

Key Details

Sold Price $900,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,720 sqft

Price per Sqft $330

Subdivision Inverness Highlands Unit 01

MLS Listing ID U8074744

Sold Date 10/29/20

Construction Status Pending 3rd Party Appro

HOA Y/N No

Year Built 1972

Annual Tax Amount $5,116

Lot Size 1.100 Acres

Acres 1.1

Lot Dimensions 80x120

Property Description

Available is the business and real estate of Taylor Rental Center - Inverness, operating as a True Value Rental Center Franchisee. Locally owned and operated, this location has been serving the community with the finest in rental equipment and sale items since 1993. True Value Rental has an extensive rental inventory that includes excavators, trailers, stump removers, skid steers, lifts, trenchers, generators, air compressors, party supplies and more! Equipment rental companies are considered highly profitable business models that operate in a well-defined and protected niche. That is certainly accurate of True Value Rental of Inverness, with a population base of nearly 156,000 residents within 15 miles. Annual revenues for 2016 - 2019 averaged $590,000 with 2019 owner cash flow of $181,000.

The property contains 1.10 ± acres of land with plenty of room for outdoor storage and customer parking. The 4,624 square-feet (SF) building contains 1,700 SF of retail showroom with a management office area, sales counter and restroom; 1,020 SF of finished air-conditioned warehouse with break room and restroom; and 1,904 SF of warehouse utilized for equipment storage and maintenance that is fitted with two grade level roll-up doors. The property is secured with chain link fencing and the building is further protected by eight monitored security cameras. An elevated pylon sign provides prominent advertising along East Gulf to Lake Highway.

Location

State FL

County Citrus

Community Inverness Highlands Unit 01

Zoning GNC

Interior

Cooling Other

Exterior

Garage 6 to 12 Spaces

Waterfront false

Roof Type Metal

Parking Type 6 to 12 Spaces

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1 to less than 2

Structure Type Brick

New Construction false

Construction Status Pending 3rd Party Appro

Others

Ownership Other

Special Listing Condition None

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Stellar MLS
Listed by BRIDGEWATER COMMERCIAL RE
Bought with BRIDGEWATER COMMERCIAL RE
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