$750,000

OWNER IS EXTREMELY MOTIVATED. This freestanding CBS Class B Medical Office Building is located directly across the boulevard from Citrus Memorial Hospital in the Downtown Inverness Central Business District. Located at the Southeast corner of W Highlands Blvd (100’) and S Line Ave (180’), this property features 5,948 SF on .85 acres zoned RO Classified for use by Medical Facilities and Professional Service Office. Other key features include 32 parking stalls, 8’ ceiling heights, 14 exam rooms, 5 offices, 2 waiting rooms, receptions, 2 break rooms, a 23’x31’ administrative office space, 5 bathrooms (1 ADA), and a handicap accessible ramp with canopy. Mechanical improvements were made to the HVAC in 2015-2018 as well as a new roof in 2007 and interior alterations in 2001. With a prime location in the Central Business District of Downtown Inverness, this property has strategic advantages including the ability to construct a 3-story building, zero lot lines, and access to public utility and sanitation all pending municipal approval for development. This property is centrally located at the foot of Citrus Memorial Hospital, 4 minutes from the Depot District as well as Courthouse Square, City Hall, and the Tax Collector’s Office. The patient population within 5 miles is 31,734 residences, with an average age of 55.6 years of age and Health Care expenditures exceeding $75 million annually. Adjoining populations in Floral City, Hernando, Citrus Hills, and Lecanto can all be reached within a short 15 min drive. This location is easily accessible via SR 44/W Gulf To Lake Hwy (38,000 AADT), US 41/S Florida Avenue (25,500 AADT) and E Gulf To Lake Hwy  (17,800 AADT). Other transit routes include the 589 Toll Road onramp and the I-75 exit in Wildwood.