48 NW Us Highway 19 Crystal River, FL 34428

Prime Commercial Corner in DT Crystal River, FL! Consisting of 2 buildings, 3,348 SF of usable for retail, office, and multi-family purposes. Improvements were built in 1963 and sit on .29 acres of General Commercial property, providing 20 parking spaces with additional city parking next door. This location allows for retail, office, and restaurants, among others. Situated at the NW corner of US H1Y 19 (18,000 AADT) and NW 1st Avenue, just one block from the newly developed Crystal River Town Square and Riverwalk, City Cross Town Trail, as well as boutique restaurants and shops catering to tourism. Area amenities for tourists include Three Sister Springs, Hunter Springs Park, Kings Bay, and nearby public boat ramps. To the north of the property, you'll find Seven Rivers Hospital, while to the south, there is a 6-lane expansion of US 19 (spanning from the Hernando County Line to Fort Island Trail in Crystal River) and the Suncoast Parkway (589 Toll Road), allowing for a 1-hour and 9-minute commute to Tampa International Airport. National brands such as Walgreens, CVS, McDonald's, Taco Bell, Dunkin', Wawa, and Winn-Dixie are located in the vicinity. Being within Crystal River City Limits, this property presents a prime opportunity for redevelopment and inclusion in the 50-year vision for the CR Civic Master Plan, aiming to beautify the area and stimulate the local economy. Citrus County, where the property is located, is a growing community in the Tampa-St. Petersburg MSA, which is the 18th largest in the nation with 155,582 residents and an annual growth rate of 1.29%. Citrus County itself is the 34th largest county in the state and offers ample land for development, with 60,000 vacant parcels for future development.