431-471 NE 1st Ter
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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
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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 17E-18S-21-0140-00000-1710 | Improvements Assessment | $455,410 |
Land Assessment | $81,720 | Total Assessment | $537,130 |
PROPERTY TAXES
Parcel Number
17E-18S-21-0140-00000-1710
Land Assessment
$81,720
Improvements Assessment
$455,410
Total Assessment
$537,130
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431-471 NE 1st Ter
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