1298 E Norvell Bryant HighwayHernando, FL 34442

Description

Prime Multi-Tenant Center offering professional office and retail space. Built in 2007, this 5,903 SF CBS building consists of six units and is approximately 90% occupied, offering strong existing tenancy with additional value-add potential. Situated on approximately 0.88 acres with GNC Commercial zoning, the property accommodates a broad range of uses, including medical and professional offices, retail, restaurants, and other commercial businesses. Completely updated and meticulously maintained from the studs to the stucco, the property features an attractive stacked-stone and stucco façade, floor-to-ceiling retail glass, and modern interior spaces with high-quality finishes with included public water and sewer. Centrally located within Citrus County, the property sits within a 15-minute drive of Lecanto, Beverly Hills, Downtown Crystal River, Homosassa, and Inverness. Consumer spending trends reinforce demand fundamentals, including medical expenditures within the trade area, highlighting strong support for healthcare, medical services, and wellness-oriented uses. The area is characterized by a mature and financially stable demographic profile, with projected income growth and a high concentration of owner-occupied housing reinforcing long-term consumer stability and investment security. Regional connectivity is enhanced by direct access to the newly expanded Suncoast Parkway (SR 589), a significant state infrastructure investment that improves mobility and places the property approximately 55 minutes from Tampa International Airport. From a market perspective, the property benefits from its location within Citrus County, a region experiencing steady population growth and increasing commercial demand. The county currently supports a population of approximately 153,600 residents, with long-term planning capacity for approximately 350,000 residents under the county’s Land Development Code. Continued residential expansion, infrastructure investment, and regional economic development are driving increased demand for healthcare, service, and retail facilities throughout the county.

Property Information

Property type

Commercial Sale

Sub-type

Retail

Year built

2007

Stories

1

Building area

5,903 Sq Ft

Lot size

0.88 acres

Lot dimensions

150x270

Parking spaces

24

Zoning

GNC

Days on market

45

MLS^® Listing#

857065

Property Features

Cooling

Central Air

Flooring

Laminate · Tile

Parking

Paved · Driveway · Parking Lot · Private

Fencing

Wire

Lot features

Cleared · Level

Construction

Stucco

Foundation

Block · Slab

Roof

Asphalt · Shingle

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Annual taxes

$7,595Tax year 2025

Parcel number

3230643

Directions

From Downtown Hernando, head West on E Norvell Bryant Hwy for 2.3 Miles and you should reach your destination on the left side of the street.