401 Tompkins St - Storefront Retail/Office FOR SALE


Inverness, FL 34450
$440,000 USD
352-400-2635
401 Tompkins St, Inverness, FL for Sale
$440,000 USD
Storefront Retail/Office - FOR SALE
1/33
null | Request Cap Rate

401 Tompkins St
Inverness, FL 34450


HIGHLIGHTS

  • Total Area: 0.34 Acres
  • Total of 2 Buildings
  • 1,600 sf of property
  • Zoned: Commercial

OVERVIEW

Not just another commercial property, this historic treasure stands as a testament to the rich past of Historic Downtown Inverness. Welcome to the R.O. Hicks House, one of the oldest remaining landmarked homes, beautifully preserved since the early 1900s. More than just a structure, this property is a living time capsule, echoing the stories of generations past while waiting for its next visionary owner to shape its future. Nestled in the heart of Florida’s Nature Coast, this boutique gem radiates timeless charm and elegance, offering a blank canvas for an inspired transformation. Spanning 1,600 square feet, the frame-constructed building boasts high ceilings, a grand gathering space, a full kitchen, two restrooms, and original hardwood floors that whisper of craftsmanship from another era. Adding to its versatility, a 350-square-foot converted garage now serves as a private office, presenting an income-generating opportunity or an exclusive creative workspace. Positioned on an expansive .34-acre corner lot, this property enjoys unparalleled visibility and accessibility. With a rare 17+ on-site parking spaces with Handicap, it effortlessly accommodates businesses of all types. Its prime location along W Main Street/SR 44, a bustling corridor with a daily traffic count exceeding 40,000 vehicles, ensures a steady stream of potential customers and clients. The property also benefits from multiple access points via Tompkins Street and N Osceola Avenue, enhancing convenience for visitors. This historic property is more than just a destination; it is at the very heart of the Inverness community. Within walking distance, you’ll find quaint shops, inviting restaurants, Historic Courthouse Square, Citrus Memorial Hospital, the Citrus County Courthouse, City Hall, and government offices. Adding to its appeal, it sits near the Depot District and Liberty Park, with direct connections to the famed Withlacoochee State Trail, a magnet for eco-tourists and adventurers from around the world. With a seasonal daily population of 70,000 people, the opportunities for growth and success are limitless. Whether you dream of creating a boutique retail haven, an artisan studio, a charming tea house, a cozy bakery, or a dynamic live-work space, this property invites endless possibilities. The welcoming local zoning laws encourage creative and entrepreneurial ventures, making this a once-in-a-lifetime opportunity to breathe new life into a historic landmark. Beyond its charm, this property is situated in one of the fastest-growing areas in Florida’s Nature Coast. As part of Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area (MSA)—the 18th largest metro area in the United States—Citrus County is experiencing a population surge, projected to soar from 153,600 to 350,000 residents by 2030. This rapid expansion is fueling demand for both residential and commercial infrastructure, positioning well-located properties like this as prime investments. The recent $135 million expansion of the Suncoast Parkway has further enhanced the area’s connectivity, establishing Citrus County as a vital gateway to the Tampa Bay region. Step into a piece of history, embrace the vibrancy of Downtown Inverness, and bring your vision to life in a location that seamlessly blends heritage, charm, and opportunity. This is more than a property—it’s a legacy waiting to be continued. Prime Location for Maximum Visibility & Growth Situated on a .34-acre corner lot in the heart of the city, this iconic property boasts exceptional visibility along W Main Street/SR 44, a major corridor with a daily traffic count exceeding 40,000 vehicles. With multiple access points via Tompkins Street and N Osceola Avenue, customers, clients, and visitors will enjoy seamless entry and exit. 17+ on-site parking spaces with Handicap—a rarity in downtown—ensure convenience and accessibility, making it an ideal destination for any business venture. This multi-use space offers 1,600 square feet of flexible interior space, featuring: -A Grand Main Room – Perfect for boutique retail, an artisan workshop, a tea house, or a cozy café. -Full Kitchen – Ideal for a bakery, bistro, or catering business. -Two Restrooms – Essential for customer convenience and business operations. -Original Hardwood Floors & High Ceilings – Enhancing the historic character and appeal. -350 SF Detached Garage Converted into a Private Office – A separate workspace or rental unit for additional income potential. Surrounded by a Thriving Business & Tourism Hub This property sits at the heart of Inverness’s economic and cultural scene, surrounded by: -Shops, restaurants, and boutique stores that drive foot traffic year-round. -Citrus Memorial Hospital, the Citrus County Courthouse, City Hall, and other government offices, making it an ideal location for professional offices, law firms, or medical services. -Depot District and Liberty Park, which provide a direct connection to the Withlacoochee State Trail, a major draw for eco-tourists, cyclists, and outdoor enthusiasts from across the world. -A seasonal daily population of over 70,000 visitors, ensuring a steady flow of potential customers. Endless Business Possibilities in a Zoning-Friendly Environment The flexible zoning regulations in Downtown Inverness encourage creative and small business ventures, making this property the perfect space for an entrepreneur, investor, or business owner. Whether you envision: -A charming boutique or specialty retail shop -An artisan studio or gallery showcasing local crafts -A tea house, café, or bakery in a cozy historic setting -A law firm, consulting agency, or professional office in a prestigious location -A live-work space that blends business with personal comfort Neighboring Cities & Growing Communities Strategically positioned in the heart of Citrus County, Inverness is surrounded by fast-growing communities and vibrant neighboring cities, including: -Lecanto – A rapidly expanding commercial and residential area with new developments. -Hernando – Home to beautiful lakeside properties and a growing population. -Crystal River – A world-renowned eco-tourism hotspot, famous for its manatee sightings, waterfront dining, and nature preserves. -Floral City – A charming, historic town with a strong sense of community and scenic beauty. -Beverly Hills & Pine Ridge – Up-and-coming residential areas with increasing demand for businesses and services. -Dunnellon – Known for the Rainbow River and outdoor recreation, drawing tourists and adventure-seekers year-round. -Homosassa & Sugarmill Woods – Booming residential areas with nature preserves, coastal access, and a rising demand for commercial expansion. -Brooksville – A historic town with a mix of modern amenities and small-town charm, just a short drive away.

FOR SALE DETAILS

PRICE

$440,000 USD

PRICE/SF

$275 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Own a Piece of History in the Heart of Inver.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

C

APN/PARCEL ID

20E-19S-17-0010-00020-0150

ASK ABOUT THIS PROPERTY

Elias KirallahCentury 21 Commercial, Elias George KirallahMore Info
352-400-2635

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Elias KirallahCentury 21 Commercial, Elias George KirallahMore Info
352-400-2635

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.