Commercial Sale · Industrial
853 NE 5TH STREET, CRYSTAL RIVER, FL, 34429
Active855 days on marketListed Mar 29, 2024MLS #OM675851
About this property
The property at a glance
LEASE OPTION AVAILABLE, INQUIRE FOR TERMS. Prime Commercial in the High Intensity Commercial Zoning (CH). Class 2 Steel building consisting of 2960 SQ FT enclosed with insulated ceilings and compressed air lines throughout. Three 12x12 roll up doors provide access to three bays. There is another 2960 SQ FT of open air and partially enclosed work space under metal roof over concrete/asphalt totaling almost 6000 SQ FT of work area. There is a 520 SQ FT reception area with a half bath and 1 office with an ensuite bathroom. Fifth Street AKA State Road 44 has just been rejuvenated by FDOT repaving as well as widening the sidewalks in an effort to create a "Grand Entrance" to the fast growing Crystal River Area. Car counts are estimated at 32,000 per day. There is 100' of highway frontage with a center turn lane and high visibility, the opportunity is growing daily. This location is currently in use as an auto body shop, but could easily convert to an audio shop, auto repair, tint shop, plumbing warehouse, etc. Compressor conveys, lifts and frame rack do not convey.
5,910
Building sq ft
$76
Price / sq ft
0.32
Lot acres
2007
Year built
1
Building
CH
Zoning
Industrial
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$2,578/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
9,494
Population
$57,716
Median income
63.7
Median age
2.14
Avg household
$220,300
Median home value
$1,070/mo
Median rent
490
Households w/ kids
Recent sales
What actually sold near 853 NE 5TH STREET
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$3,200,000
1624 N MEADOWCREST BOULEVARD
50,756 sqft · $63/sqft · Sold Mar 13, 2025
$950,000
5430 N SUNCOAST BOULEVARD
2,862 sqft · $332/sqft · Sold Sep 29, 2025
$218,000
708 NE 6TH STREET
2,448 sqft · $89/sqft · Sold Jan 21, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 853 NE 5TH STREET — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 853 NE 5TH STREET.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of H & H REALTY AND ASSOCIATES · Daniel Henry. MLS #OM675851.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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