311 4Th Ave, Crystal River, FL 34429

20 Room Hotel | Crystal River, FL 34429 | $2,500,000 ($125,000/Room)

Asking Price $2,500,000

Property Type
Hospitality
Square Feet
12,254 SF

Listing Contacts

Richard Fernley
Richard Fernley
  • Property Info

Property Overview

Prime 11,880 sqft commercial building located on 0.81 acres in beautiful downtown Crystal River near the most heavily traveled intersection in rapidly growing Citrus County. State Road 44 Annual Average Daily Traffic (AADT) 31,500 vehicles and US HWY 19 AADT 27,500 vehicles. Parcel could easily claim the highest point in Crystal River honor as the building sits approximately 10ft above grade. Building spent most of its existence as a 28 bed Assisted Living Facility until recently being converted into a 20 room hotel. Property contains extensive infrastructure and features, such as; a full commercial kitchen, commercial laundry facility, natural gas central HVAC system, natural gas whole building generator, commercial grade security system, wired security camera system, complete internet network capabilities, and a building wide fire protection system. Building is also built to Americans with Disabilities Act (ADA) standards. CH zoning (High Intensity Commercial) permits large scale businesses, commercial operations, light assembly, institutional uses, and essential public services.

Property Details

Class
C
Year Built/Renovated
2012/2023
Stories
1
Property Subtype
Hotel
Lot Size (sq. ft)
35,284 SF
Units
20

Highlights

  • Near the most heavily traveled intersection in rapidly growing Citrus County, Florida
  • Built 2012/Remodeled 2023
  • Extensive infrastructure and features
  • Built to Americans with Disabilities Act (ADA) standards

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