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$1,200,000
184 Days On Site

508 N Citrus Avenue
Crystal River, FL 34428

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
2,952
SqFt
$407
/SqFt
1959
Built
Subdivision:
Not on List
County:
Citrus
508 N Citrus Avenue508 N Citrus Avenue508 N Citrus Avenue508 N Citrus Avenue
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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. 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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Listing Snapshot
Price 
$1,200,000
Days On Site 
184 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,952 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.52 Acres
Year Built 
1959
MLS® Number 
838710
Status 
Active
Property Tax 
$10,584.93
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 months agoPrice changed to $1,200,000
2 months agoListing updated with changes from the MLS®
6 months agoListing first seen on site
General Features
Acres 
0.52
Cross Street 
NW 5th Street
Direction Faces 
Southeast
Foundation 
BlockSlab
Number Of Stories 
1
Parking 
Parking Pad
Parking Spaces 
27
Property Sub Type 
Retail
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2952
Stories 
One
Water Source 
Public
Zoning 
CG
Interior Features
Cooling 
Central Air
Flooring 
Tile
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Exterior Features
Construction Details 
Stucco
Lot Features 
Corner Lot
Pool Features 
None
Road Frontage 
County Road
Roof 
Metal
Community Features
Financing Terms Available 
CashConventional
MLS Area 
16
Listing courtesy of Elias Kirallah of Century 21 J.W.Morton R.E.



Listing information is provided by Participants of the REALTORS Association of Citrus County MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTORS Association of Citrus County MLS.
Last checked: 2025-05-09 08:29 PM UTC

Neighborhood & Commute
Source: Walkscore
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