This income-producing 13-unit mixed-use business plaza presents a prime investment opportunity in the heart of Citrus County, Florida, a key part of the Tampa-St. Petersburg MSA, the 18th largest metropolitan statistical area in the United States. The property spans 24,168 square feet across four freestanding CBS buildings, situated on 1.35 acres of General Commercial-zoned land along US Hwy 19/S Suncoast Blvd, a high-traffic corridor with an AADT (Annual Average Daily Traffic) count of 17,988 vehicles. The site features 100+ feet of highway frontage, enhancing its visibility and accessibility for businesses and customers alike. Originally built in 1980, the property has undergone substantial upgrades to modernize and improve its functionality. Notably, in 2020, the three retail showroom spaces were partially rebuilt, with the owner-occupied units receiving a full interior remodel. Additionally, new roofs were installed across all buildings, further increasing the property's durability and long-term value. The current configuration consists of 13 existing units, with potential for expansion to 16 total units. The unit mix includes three owner-occupied spaces, each of which is individually metered, and 10 service/shop bays, currently 77% occupied. These service/shop bays range in size from 1,500 to 3,000 square feet, each equipped with 10’x10’ grade-level roll-up doors, access to single and three-phase electrical systems, and 15-foot free-span ceiling heights. The flexible General Commercial zoning allows for a variety of tenant uses, from retail showrooms to service-based businesses, ensuring a diversified and stabilizing tenant mix. Additionally, the current month-to-month tenancy structure and below-market rental rates offer immediate value-add potential for an investor seeking to enhance income streams through lease restructuring and market-rate adjustments. Beyond the property itself, its strategic location within a high-growth corridor adds to its investment appeal. The site is positioned along the recently expanded eight-lane section of US Hwy 19, a major transportation artery connecting the area to broader regional markets. Additionally, the $135 million expansion of the Suncoast Parkway provides seamless access to Tampa International Airport and major metro areas within one hour, making the site highly attractive for tenants requiring efficient regional connectivity. The surrounding commercial landscape further enhances the site’s viability. To the north, a Walmart Supercenter and various junior retail occupancies serve as major traffic drivers, reinforcing the area's economic activity. Within a 15-minute drive radius, the property serves a population of 46,361 residents, with a median household income of $65,000 and an average age of 58, a demographic profile that supports steady consumer demand for retail, services, and professional businesses. The site’s accessibility is bolstered by its proximity to key arterial highways connecting Homosassa, Crystal River, Inverness, Beverly Hills, Hernando, and Floral City, making it a pivotal commercial hub in the region. In summary, this mixed-use business plaza presents a rare opportunity to acquire a high-yield commercial asset with strong upside potential. The combination of strategic location, diverse tenant mix, below-market rents, and ongoing regional infrastructure investments positions this property as an ideal investment for those seeking long-term appreciation and stable income generation in a thriving Florida market. Current Market Position & Revenue Potential -Below-Market Rents: Existing rental rates remain below comparable market averages, providing immediate potential for lease optimization and revenue enhancement. -Flexible Lease Terms: Current month-to-month tenancy structure allows for adjustments to lease terms and tenant composition to better align with market demand and long-term income stability. -Diverse Tenant Appeal: The General Commercial zoning allows for various tenant types, including retail, professional services, light industrial, and showroom operators, broadening the potential leasing pool. Strategic Growth & Infrastructure Development The property is strategically positioned within an area undergoing significant infrastructure and economic development, driving sustained commercial and residential growth: -US Hwy 19 Expansion: The property directly benefits from the recently completed eight-lane expansion of US 19 through Citrus County, increasing traffic flow and commercial visibility. -$135M Suncoast Parkway Expansion: Provides direct access to the Tampa-St. Petersburg metro area, enhancing regional connectivity and increasing demand for commercial real estate. -Retail & Residential Growth: The surrounding commercial district continues to attract national and regional retailers, solidifying the area as a key business hub. Competitive Market Position & Demand Drivers -Strong Regional Demographics: The property serves a population of 46,361 within a 15-minute drive, with a stable economic base and a median household income of $65,000. -Aging Population & Consumer Spending Trends: With an average age of 58, the local consumer base supports a steady demand for professional services, retail, and lifestyle businesses. -Limited Commercial Vacancy: Citrus County has limited availability of similar mixed-use commercial properties, ensuring sustained demand for high-visibility, well-located business spaces. A Rare High-Yield Investment Opportunity This strategically positioned business plaza presents a unique opportunity to acquire a stabilized income-producing asset with immediate value-add potential in one of Florida’s fastest-growing commercial corridors. Key investment highlights include: -Prime Highway Frontage on US 19 with High Traffic Exposure -Diverse Tenant Base & Strong Market Demand for Mixed-Use Spaces -Below-Market Rents Offering Immediate Upside Potential -Proximity to Key Regional Growth Initiatives & Infrastructure Investments -Flexible Zoning Allowing for Multiple Business Uses & Tenant Profiles