2602 HIGHWAY 44 W UNIT 1 – ID OM703880

This outstanding freestanding CBS commercial building is located directly on SR 44 within the city limits of Inverness, Florida. The building totals approximately 3,250 square feet and is divided into two separately metered units, offering flexibility for multi-tenant use or owner-occupancy. It is in pristine condition, having undergone a re-roof in 2017, HVAC system updates in 2007, and a complete interior remodel in 2008. The property features high 15-foot ceilings, large gallery-style windows that flood the space with natural light, a full showroom, and 12×12 grade-level overhead doors. It’s well-suited for a wide range of uses including retail, professional office, medical cannabis dispensary, or service-oriented businesses such as contractors, landscapers, automotive, and more.

Strategically located along State Road 44, the site benefits from an impressive average daily traffic count of over 34,000 vehicles. It offers right-in/right-out access along the western side of the highway, as well as a rear exit via Forest Drive for street-to-street connectivity. This provides direct access to the signalized intersection at SR 44 and Independence Highway, where a new Wawa gas station has been approved. The property is also diagonally positioned across from Ashley Furniture and Nick Nicholas Ford, enhancing its exposure and synergy with national retailers.

The surrounding area features a strong mix of national and regional tenants including Publix, Winn-Dixie, McDonald’s, Burger King, and the highly anticipated Aldi grocery store. It is also just minutes from essential civic institutions such as Inverness City Hall, the Citrus County Courthouse, DMV, and the Tax Collector’s office. Regional access is excellent, with the recently extended $200 million Suncoast Parkway (589 Toll Road) providing a direct 60-minute drive to Tampa International Airport. Phase 3 of the Parkway’s expansion is currently underway, extending access even further north.

The local demographics are compelling, with 46,361 residents living within a 15-minute drive, a median household income of $65,000, and an average age of 58—indicating strong demand for retail, healthcare, and service businesses. Citrus County itself is home to over 153,000 residents, with projected growth reaching 350,000 by 2030 under the County’s updated Land Development Code. Spending patterns in the area are robust, with 66% of residents dining out regularly, 89% frequenting fast-food establishments, and annual healthcare expenditures exceeding $106 million.