1298 E NORVELL BRYANT HIGHWAY
Hernando, FL, 34442 $ 800,000
Bedrooms-- Baths-- Sq 5,901 Monthly Estimate*
$ 5,051
for $800,000. This 5,901 square foot building was built in 2007 on a lot size of 0.88.
Prime Multi-Tenant Center offering professional office and retail space. Built in 2007, this 5,903 SF CBS building consists of six units and is approximately 90% occupied, offering strong existing tenancy with additional value-add potential. Situated on approximately 0.88 acres with GNC Commercial zoning, the property accommodates a broad range of uses, including medical and professional offices, retail, restaurants, and other commercial businesses. Completely updated and meticulously maintained from the studs to the stucco, the property features an attractive stacked-stone and stucco façade, floor-to-ceiling retail glass, and modern interior spaces with high-quality finishes. Centrally located within Citrus County, the property sits within a 15-minute drive of Lecanto, Beverly Hills, Downtown Crystal River, Homosassa, and Inverness. Consumer spending trends reinforce demand fundamentals, including medical expenditures within the trade area, highlighting strong support for healthcare, medical services, and wellness-oriented uses. The area is characterized by a mature and financially stable demographic profile, with projected income growth and a high concentration of owner-occupied housing reinforcing long-term consumer stability and investment security. Regional connectivity is enhanced by direct access to the newly expanded Suncoast Parkway (SR 589), a significant state infrastructure investment that improves mobility and places the property approximately 55 minutes from Tampa International Airport. From a market perspective, the property benefits from its location within Citrus County, a region experiencing steady population growth and increasing commercial demand. The county currently supports a population of approximately 153,600 residents, with long-term planning capacity for approximately 350,000 residents under the county’s Land Development Code. Continued residential expansion, infrastructure investment, and regional economic development are driving increased demand for healthcare, service, and retail facilities throughout the county.
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FeaturesGeneralSewer Public Sewer
Cooling Central Air
Utilities Public
Roof Shingle
Zoning GNC
Construction Materials Block Brick
Year Built 2007
Levels One
Property Subtype Retail
Tax Year 2025
Ownership Fee Simple
Gross Income 95312
County Citrus
New Construction false
Property Type Commercial Sale
Subdivision Name HERCALA ACRES UNIT 02
Status Active
Directions From Downtown Hernando head West on E Norvell Bryant Hwy for 2.3 Miles and you should reach your destination on the left side of the street.
City HERNANDO
Number Of Units Total 5
MLS Area 34442 - Hernando
Lot Size Units Square Feet
Lot Size Square Feet 38365
Listing Terms Assumable Cash
Tax Annual Amount 7595.34
Property Condition Completed
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM730330
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 161
Legal Description HERCALA ACRES UNIT 2 PT OF LOT 161 FURTHER DESC AS: COM AT NW COR OF LT 86 OF SD PLAT TH S 71DEG 57M 34S E AL S'LY R/W LN OF CO RD 486 592.75 FT TO THE BEG OF A TANGENT CURVE CONCAVED NE'LY HAVING A RADIUS OF 2914.93 FT A CENTRAL ANGLE OF 18DEG 05M 2 0S TH AL ARC OF SD CURVE 135.39 FT THROUGH A CENTRAL ANGLE OF 02DEG 39M 40S (CHORD BEARING AND DISTANCE BETWEEN SD PTS BEING S 73DEG 17M 24S E 135.98 FT) TO POB TH CONT AL SD CURVE 150 FT THROUGH A CENTRAL ANGLE OF 02DEG 56M 54S (CHORD BEARING AND DI STANCE BETWEEN SD PTS BEING S 76DEG 05M 41S E 149.98 FT) TH S 300 FT TH N 76DEG 05M 41S W 149.98 FT TH N 300 FT TO POB THE BEARINGS HEREIN REFERRED TO THE BEARING (S 71DEG 57M 34S E ) OF N LN OF LT 86 DESC IN OR BK 1346 PG 1724 & OR BK 1518 PG 1131
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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InteriorFlooring Ceramic Tile Laminate
Total Stories 1
Air Conditioning Y/N true
Total Baths 0
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ExteriorVegetation Trees
Parking Features Common
Water Source Public
Lot Size Area 38365
Foundation Details Slab
Number of Buildings 1
Building Area Total 5901
Lot Dimensions 150 x 270
Lot Size Acres 0.88
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type Highway
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByCentury 21 J.W.Morton R.E.Broker
Elias@eliasgeorge.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,051
- Monthly Property Taxes
- $633
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Hernando, FL
Average List Price $507,389
Percent of Sale Price 37%
About Hernando, FL 9,694 Population
27% Since 2002
$ 34,009 Median Income
57.54 Median Age
12% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/19/2026 | $800,000 | | Listed Price |