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431-471 NE 1st Ter

13,002 SF 100% Leased Retail Building Crystal River, FL 34429 $1,500,000 ($115/SF)

Investment Highlights

  • Brand new exterior paint and new roof done.
  • Be right in the mix of Wendy's, Hardees, Big Lots, West Marine & the US Post office
  • High traffic area of shops & restaurants just 1/2 block off Hwy 19 and 1.5 blocks from Hunter Springs/Kingsbay of the Crystal River

Executive Summary

GREAT INVESTMENT! GREAT LOCATION! CRYSTAL TERRACE PLAZA IS A 6000 SQ . FT. STRIP MALL WITH 10 UNITS LOCATED IN THE DOWNTOWN CRA AREA OF CRYSTAL RIVER! ! Complex consists of 2 successful long term restaurants, Mr. Kings & El Ranchito Mexican, and several great retail shoppes; Current businesses have updated their units & show pride in their enterprises; Paved parking; Signage; City water & sewer; Shown by appointment only, at least 24 hours notice and listing agent to accompany. 9 out of 10 spaces are occupied currently. For financing information please reach out directly.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,002 SF
Building Class
C
Year Built
1976
Price
$1,500,000
Price Per SF
$115
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.81 AC
Zoning
CH - High Intensity Commercial. The CH district is established for large-scale business, commercial, light assembly and institutional uses.
Frontage
270 FT on 1ST

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning
  • Smoke Detector
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Bank of America
Capital City Bank
TD Bank
Truist
Suncoast Credit Union
Winn-Dixie
Huddle House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17E-18S-21-0140-00000-1710
Land Assessment
$81,720
Improvements Assessment
$455,410
Total Assessment
$537,130
  • Listing ID: 28688029

  • Date on Market: 6/7/2023

  • Last Updated:

  • Address: 431-471 NE 1st Ter, Crystal River, FL 34429

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