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601 S Us-41 11,746 SF Office Building Inverness, FL 34450 $4,604,160 CAD ($391.98 CAD/SF) 10% Cap Rate
INVESTMENT HIGHLIGHTS
- Hwy Traffic
- Location is perfect for a Hotel and Bike Center Ride and Stay concept
EXECUTIVE SUMMARY
Features include:
• 3.1 Acres of Land – Expansive property with significant room for development or expansion.
• 11,746 SF of Commercial Space – Versatile building offering endless possibilities for your business.
• Proximity to State’s Largest Bicycle Path – Ideal for businesses targeting cyclists and outdoor enthusiasts.
• 500,000 Annual Riders – High-volume traffic from one of the busiest bike paths in the state.
• Prime Location for Retail, Fitness, Food & Beverage, or Recreation – Great potential for Hotel, a stay and ride businesses catering to active lifestyles.
• Ample Parking & Easy Access – Convenient for both cyclists and automobile visitors.
This property presents a rare opportunity to tap into an ever-growing market of health-focused, outdoor-minded individuals while enjoying the benefits of high visibility and foot traffic. Whether you’re seeking a location for a new retail store, restaurant, fitness center, or recreational facility, this property’s unique position on the bike path makes it an unmatched investment.
• 3.1 Acres of Land – Expansive property with significant room for development or expansion.
• 11,746 SF of Commercial Space – Versatile building offering endless possibilities for your business.
• Proximity to State’s Largest Bicycle Path – Ideal for businesses targeting cyclists and outdoor enthusiasts.
• 500,000 Annual Riders – High-volume traffic from one of the busiest bike paths in the state.
• Prime Location for Retail, Fitness, Food & Beverage, or Recreation – Great potential for Hotel, a stay and ride businesses catering to active lifestyles.
• Ample Parking & Easy Access – Convenient for both cyclists and automobile visitors.
This property presents a rare opportunity to tap into an ever-growing market of health-focused, outdoor-minded individuals while enjoying the benefits of high visibility and foot traffic. Whether you’re seeking a location for a new retail store, restaurant, fitness center, or recreational facility, this property’s unique position on the bike path makes it an unmatched investment.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
11,746 SF
Building Class
C
Year Built/Renovated
1960/2025
Price
$4,604,160 CAD
Price Per SF
$391.98 CAD
Cap Rate
10%
NOI
$460,416 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
11,746 SF
Building FAR
0.09
Lot Size
3.13 AC
Zoning
Commercial - Commercial includes Ex. Retail, Storage, Car wash, Hotel, Event Center, Boutique Restaurants and shopping.
Parking
50 Spaces (4.26 Spaces per 1,000 SF Leased)
AMENITIES
- Central Heating
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 20E-19S-21-0000-44310 | Improvements Assessment | $727,695 CAD |
| Land Assessment | $348,376 CAD | Total Assessment | $1,076,071 CAD |
PROPERTY TAXES
Parcel Number
20E-19S-21-0000-44310
Land Assessment
$348,376 CAD
Improvements Assessment
$727,695 CAD
Total Assessment
$1,076,071 CAD
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601 S Us-41
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