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. This property is centrally located at the foot of Citrus Memorial Hospital, 4 mins 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.
- Price:
- $990,000
- Square Footage:
- 5,948
- Acreage:
- 0.85
- Year Built:
- 1958
- Listing ID #:
- 820082
- Street Address:
- 511 W Highland Blvd
- City:
- Inverness
- State:
- Florida
- Postal Code:
- 34452
- County:
- Citrus
- Community:
- 07
- Subdivision:
- Not On List
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Building Faces:
- North
- Construction Description:
- Block, Concrete
- Exterior Features:
- Lighting
- Flooring:
- Carpet, Laminate
- Foundation:
- Block
- Interior Features:
- Handicap Access, High Ceilings
- Number Of Floors In Unit:
- One
- Stories:
- 1
- Stories:
- 1
- Total Building Square Footage:
- 5948
- Type Of Roof:
- Membrane, Rubber
- Year Built:
- 1958
- Year Established:
- 1958
- Conforms To Zoning:
- Ro
- Existing Land Use:
- Medical/Dental
- Lot Features:
- Corner Lot
- Lot Size:
- 0.85
- Lot Square Footage:
- 37000
- Road Frontage Type:
- City Street
- Days On Market:
- 92
- Originating Mls:
- Citrus
- Previous Listing Price:
- 1100000
- Terms:
- Cash, Conventional
- Building Name:
- Stanley Medical Complex
- Complex Name:
- Stanley Medical Complex
- Cross Street:
- S Line Avenue
- Subdivision:
- Not On List
- Property Taxes:
- $11,216
- Tax Year:
- 2022
- Parking Description:
- Parking Lot, Private
- Parking Spaces:
- 32
- Cooling System:
- Central Air
- Electricity:
- Single Phase
- Existing Water:
- Public
- Has Central Air Conditioning:
- Yes
- Heating:
- Central, Electric
- Sewage Type:
- Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Century 21 J.W.Morton R.E.
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