823 NE 5TH STREET, CRYSTAL RIVER, FL, 34429

This freestanding commercial property located on 2 lots delivers standout visibility, nonstop traffic exposure, and a premier location that positions any business for success! It sits directly on a major high-traffic highway (Gulf to Lake Hwy) in the heart of Crystal River with 537ft of road frontage, ensuring your brand is seen by thousands of drivers every day (AADT 32,000). The building occupies a prominent 0.60-acre corner lot at a signalized intersection, giving customers effortless access and creating an ideal setting for high-impact signage and strong curb appeal. The building offers 2,165 square feet of professionally designed space and ramp for easy access. Reception area and 5 private offices provide ample room for staff, consultations, or client services, while a dedicated conference room creates the perfect setting for presentations and team meetings. Two bathrooms accommodate both employees and visitors, and a convenient break room supports daily operations with ease. The second floor features a private entrance leading to a spacious executive-style suite. This upper-level space includes a 3-piece bathroom and large office area that can serve as an owner’s workspace, an executive suite, or an additional income-producing rental. Plus, there is plenty of room to expand, along with a paved parking lot with access from 2 streets (front/back), and city utilities (sewer/water). Highest and best use of this property may include getting city approval to add a second business structure on the western lot. Current building is the eastern lot. CH zoning supports a wide range of business types because it is tied to the Highway Commercial land-use category. This makes it ideal for businesses that benefit from strong visibility, high traffic counts, and easy access such as: Retail stores and showrooms, Restaurants, including fast-food and drive-through concepts, Professional offices (medical, legal, financial, real estate, etc.), Service businesses (salons, spas, repair shops, print shops), Automotive-related uses (sales, service, parts, repair) Institutional uses (training centers, clinics, community facilities) and more. Crystal River is a thriving community with a strong local economy and a growing population. The city's strategic location, coupled with its vibrant lifestyle and natural beauty, make it an enticing destination to grow your business. Known as the "Home of the Manatee," the city attracts over 1.7 million visitors annually, generating more than $526 million in visitor spending. This property is situated among thriving businesses, restaurants and retail shops. Plus, you'll will be about a mile from highly visited destinations like Hunter Springs and Three Sister Springs. This property blends a prime location with functional, well-designed space, making it an outstanding opportunity for any business seeking a commanding presence in Crystal River. Call Today!

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.

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