$1,200,000

3315 E Gulf To Lake Highway

INVERNESS FL, 34453

Description

Available is the business and real estate of Taylor Rental Center - Inverness, operating as a True Value Rental Center Franchisee. Locally owned and operated, this location has been serving the community with the finest in rental equipment and sale items since 1993. True Value Rental has an extensive rental inventory that includes excavators, trailers, stump removers, skid steers, lifts, trenchers, generators, air compressors, party supplies and more! Equipment rental companies are considered highly profitable business models that operate in a well-defined and protected niche. That is certainly accurate of True Value Rental of Inverness, with a population base of nearly 156,000 residents within 15 miles. Annual revenues for 2016 - 2019 averaged $590,000 with 2019 owner cash flow of $181,000. The property contains 1.10 acres of land with plenty of room for outdoor storage and customer parking. The 4,624 square-feet (SF) building contains 1,700 SF of retail showroom with a management office area, sales counter and restroom; 1,020 SF of finished air-conditioned warehouse with break room and restroom; and 1,904 SF of warehouse utilized for equipment storage and maintenance that is fitted with two grade level roll-up doors. The property is secured with chain link fencing and the building is further protected by eight monitored security cameras. An elevated pylon sign provides prominent advertising along East Gulf to Lake Highway.

Details

MLS#U8074744
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1972
Days On Site79

Features

SQ Feet2,720
ZoningGNC
Acreage1.10
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Area Information
StateFL
CountyCitrus
CityINVERNESS
Zip Code34453
Area34453 - Inverness
Listing VS Median (in 34453)
Price:
$1,200,000
low | high
Med:
$141,900
100% of Average
SqFt:
2,720
low | high
Med:
1,010
100% of Average
$ / SqFt:
$441
low | high
Med:
$140
100% of Average
On Site:
79
low | high
Med:
125
63.2% of Average
Listing Updated: 09/26/2020
Kori Billings LogoMLS Number: U8074744
Listing Provided By:
Kori Billings  of  BRIDGEWATER COMMERCIAL RE

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