508 N Citrus Avenue, Crystal River FL 34428

$1,100,000

508 N Citrus Avenue, Crystal River, FL 34428

bedrooms

bathrooms

square feet

Acreage

0.52

Open Houses

year built

1959

Full Baths

Half Baths

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This former restaurant opportunity is located in the heart of Central Florida’s Gulf Coast, capturing the essence of casual dining at its finest. Positioned prominently on a prime downtown block in Crystal River, Florida, this 160-seat restaurant is available for the first time, nestled within the city’s designated Downtown Wet Area, which allows for alcoholic drinks throughout the district. Situated on a generous 0.52-acre corner lot, this property offers unparalleled convenience with 27 rare, private parking spaces onsite, supplemented by ample street parking and nearby public lots. The building, a solid 2,952-square-foot Concrete Block structure, underwent a full renovation in 2019, presenting a modernized and inviting environment for diners. Strategically located to maximize foot traffic, the restaurant is accessible via interconnected trails and bike paths that attract both locals and tourists alike. Within a three-mile radius, patrons are surrounded by popular national retail outlets, lush parks, and waterways leading to the Gulf of Mexico, providing an ideal setting to draw in visitors seeking both leisure and fine dining. This is a rare chance to acquire a piece of Central Florida’s culinary scene, offering an exceptional opportunity to operate a thriving business in a vibrant downtown locale. Equipment and fixtures are to be sold separately; please inquire with the listing agent for details. Don’t miss your opportunity—schedule a private viewing today to explore the endless possibilities that await. The property is poised to benefit from the newly completed Suncoast Parkway extension, along with future planned expansions, which position Citrus County for unprecedented growth within the Tampa Metropolitan Statistical Area (MSA). Just 15 minutes from the property, an ideal customer base of 46,361 residents awaits, with an average age of 58 and a median household income of $65,000.

Location
Subdivision	Not On List
County	Citrus
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 838710

Listing agent: Elias Kirallah #3123414

Listing broker: Century21 J.W. Morton Real Estate, Inc (352) 726-6668

Copyright © 2025 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Sunday, March 2 2025 at 12:44 a.m. EST

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