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Wade M. Berlin

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401 Tompkins Street
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PRICED AT ONLY: $425,000

Address: 401 Tompkins Street, INVERNESS, FL 34450

Description

Nestled in Historic Downtown Inverness, the R.O. Hicks House stands as one of the oldest remaining landmarked homes, offering timeless charm and endless potential. Built in the early 1900s, this beautifully preserved property is a rare find, ready to be transformed into your dream business. Positioned on a .34 acre corner lot with high visibility along W Main Street/SR 44 (40,000 AADT), it offers unparalleled access and downtown prominence. The 1,600 SF main building features high ceilings, a grand room, a kitchen, two restrooms, and original hardwood floors, while a 350 SF converted garage serves as a private office or potential rental space. A true downtown rarity, the property includes 17+ on site parking spaces with Handicap, ensuring seamless access for customers and clients. Steps from shops, restaurants, Citrus Memorial Hospital, the Citrus County Courthouse, and City Hall, it also connects to the Depot District, Liberty Park, and the Withlacoochee State Trail, drawing eco tourists and visitors from around the world. As part of the TampaSt. PetersburgClearwater MSA, Citrus County is booming, with population growth expected to reach 350,000 by 2030. The $135 million Suncoast Parkway expansion is further fueling regional development. Whether you envision a boutique, artisan studio, tea house, bakery, or live work space, the possibilities are endless. Zoning encourages creative business ventures, making this a once in a lifetime investment. Step into history, embrace opportunity, and bring your vision to life in this charming downtown gem! Disclaimer: All information provided herein is for marketing purposes only and is not guaranteed for accuracy. Prospective buyers or tenants are encouraged to conduct their own independent due diligence. The seller, broker, and associated parties make no representations or warranties, expressed or implied, as to the accuracy or completeness of this information. All dimensions, zoning details, financial data, and other property related facts should be independently verified. Please consult with appropriate licensed professionals before making any investment or purchasing decisions.
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  • MLS#: OM696932 ( Commercial Sale )
  • Street Address: 401 Tompkins Street
  • Viewed: 89
  • Price: $425,000
  • Price sqft: $266
  • Waterfront: No
  • Year Built: 1900
  • Bldg sqft: 1600
  • Days On Market: 163
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Ceramic Tile
  • Living Area: 1600.00
  • Roof: Shingle
Land Information
  • Lot Features: Corner Lot
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Parking Spaces - 19 to 30
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Road Frontage Type: City Street
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: SUB OF SW1/4 OF NW1/4 PB 1 PG 25 LOTS 15 & 16 BLK 2
  • Area Major: 34450 - Inverness
  • Parcel Number: 20E-19S-17-0010-00020-0150
  • Views: 89
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Wade M. Berlin