Commercial Sale · Restaurant
124 N APOPKA AVENUE, INVERNESS, FL, 34450
Active5 days on marketListed Aug 6, 2026MLS #G5116091
About this property
The property at a glance
Virtually Staged. Position your business in the heart of Downtown Inverness! Located at 124 N Apopka Avenue, this commercial property offers an exciting opportunity to establish or expand your presence in one of the city's most recognizable and walkable areas. Just moments from the historic downtown square and situated near the corner of E. Dampier Street and N. Apopka Avenue, the property benefits from a central location surrounded by local businesses, restaurants, shops, professional services, community destinations, and year-round downtown activity. With its versatile commercial potential, this property offers a blank canvas for an entrepreneur, investor, or owner-user looking to bring a new concept to Downtown Inverness. Explore possibilities ranging from retail, dining, professional or creative space to other commercial concepts permitted by applicable zoning and local approvals. Whether you're envisioning a boutique storefront, neighborhood café, professional office, service-based business, or an entirely new concept, this location provides an opportunity to create a space tailored to your vision. The downtown setting is a major advantage, offering convenient access to the surrounding business district and the lifestyle amenities that continue to make Inverness a destination for residents and visitors alike. Its proximity to the historic courthouse area, downtown events, dining, shopping, parks, and recreation creates an environment where business and community come together. For investors, this is an opportunity to secure commercial real estate in an established downtown district with the flexibility to reposition the property for its next chapter. For business owners, it is a chance to put your name and vision in a location that offers character, convenience, and connection to the surrounding community. Bring your plans, explore the possibilities, and discover what 124 N Apopka Avenue could become. Opportunities to create something uniquely your own in the heart of Downtown Inverness don't come around every day.
1,968
Building sq ft
$711
Price / sq ft
0.19
Lot acres
1975
Year built
1
Building
CBD
Zoning
Restaurant
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$6,798/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Bridget to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
10,408
Population
$48,955
Median income
59.5
Median age
2.04
Avg household
$210,200
Median home value
$973/mo
Median rent
604
Households w/ kids
Recent sales
What actually sold near 124 N APOPKA AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$305,000
859 S US HIGHWAY 41
1,920 sqft · $159/sqft · Sold Dec 31, 2024
$500,000
859 US HWY 41 SOUTH
1,920 sqft · $260/sqft · Sold Jun 5, 2026
$300,000
3275 S FLORIDA AVENUE
1,920 sqft · $156/sqft · Sold May 20, 2026
Your team
The pros in your corner
Your agent
Bridget McLennon
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 124 N APOPKA AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 124 N APOPKA AVENUE.
See it in person
Schedule a tour
Live availability from Bridget's calendar — pick a time and it's booked.
Listing courtesy of SERHANT · Vincent Cordaro. MLS #G5116091.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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