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508 N Citrus Avenue, Crystal River, FL 34428
sale
$1,200,000
|
Commercial-Other
Listed By CENTURY 21 J W Morton Real Estate, Inc.
This former restaurant opportunity is located in the heart of Central Florida's Gulf Coast, capturing the essence of casual dining at its finest. Positioned prominently on a prime downtown block in Crystal River, Florida, this 160-seat restaurant is available for the first time, nestled within the city's designated Downtown Wet Area, which allows for alcoholic drinks throughout the district. Situated on a generous 0.52-acre corner lot, this property offers unparalleled convenience with 27 rare, private parking spaces onsite, supplemented by ample street parking and nearby public lots. The building, a solid 2,952-square-foot Concrete Block structure, underwent a full renovation in 2019, presenting a modernized and inviting environment for diners. Strategically located to maximize foot traffic, the restaurant is accessible via interconnected trails and bike paths that attract both locals and tourists alike. Within a three-mile radius, patrons are surrounded by popular national retail outlets, lush parks, and waterways leading to the Gulf of Mexico, providing an ideal setting to draw in visitors seeking both leisure and fine dining. This is a rare chance to acquire a piece of Central Florida's culinary scene, offering an exceptional opportunity to operate a thriving business in a vibrant downtown locale. Equipment and fixtures are to be sold separately; please inquire with the listing agent for details. Don't miss your opportunity-schedule a private viewing today to explore the endless possibilities that await. The property is poised to benefit from the newly completed Suncoast Parkway extension, along with future planned expansions, which position Citrus County for unprecedented growth within the Tampa Metropolitan Statistical Area (MSA). Just 15 minutes from the property, an ideal customer base of 46,361 residents awaits, with an average age of 58 and a median household income of $65,000.
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Property Features
- Available Floors: 1
- Cooling: Central A/C
- Cross Docks: N
- Development ID: Not On List
- Exterior Description: Stucco
- Flooring: Tile
- For Auction: N
- Heating - Fuel Type: Other
- Lot Size In Text: 0.52 Acres
- MLSID: 838710
- Parking Places: 27
- Price Upon Request: N
- Roof: Metal Roof
- Style: Other Style
- Sublease: N
- Tax Year: 2023
- Taxes: $10584.93
- Year Built: 1959
- Zoning: CG
Directions to This Property
508 N Citrus Avenue, Crystal River, FL 34428
Demographic Data for 508 N Citrus Avenue, Crystal River, FL 34428
Average Age
55
Married
49%
Number of Homes
4,586
Homes with Children
18.24%
Occupation Type
Transportation to Work
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Elias Kirallah
CENTURY 21 J W Morton Real Estate, Inc.
Commercial Specialist
p:
352-726-6668
m:
352-400-2635
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