CENTURY 21 Edge
✦ Industrial

Commercial Lease · Industrial

$54,0003,020 sq ft$18 /sq ft0.42 acres

490 SMITH STREET, BROOKSVILLE, FL, 34601

Active132 days on marketListed Jun 3, 2026MLS #W7886349

About this property

The property at a glance

Exceptional commercial flex-space leasing opportunity in the heart of Brooksville. Located at 490 Smith Street, this highly versatile commercial building offers a rare combination of warehouse, office, showroom, storage, and light industrial functionality. The property features a modernized exterior, dedicated on-site parking, roll-up door access, high-clearance ceilings, and excellent visibility from a prominent corner location. Inside, the building offers expansive open warehouse space, a large mezzanine/storage loft, and a substantial office build-out already in progress. The flexible floorplan allows tenants to customize the layout to suit a variety of business operations including contractors, construction companies, roofing companies, HVAC businesses, electrical contractors, distributors, service providers, light manufacturing, storage operations, and professional office users seeking warehouse capabilities. One bathroom is currently in place, with additional build-out options available subject to landlord approval and associated costs. The owner is willing to work with qualified tenants to complete custom improvements and create a space tailored to their specific business needs. The combination of warehouse space, office potential, mezzanine storage, roll-up door access, and ample parking creates a unique opportunity rarely available in the Brooksville market. Minimum lease term is 12 months. Tenant improvements and build-out options available with associated costs. Contact listing agent for lease terms, permitted uses, and customization opportunities.

3,020

Building sq ft

$18

Price / sq ft

0.42

Lot acres

1983

Year built

1

Building

Industrial

Property type

Building size3,020 sq ft
Lot size0.42 acres
Year built1983
Buildings1
ConstructionMetal Frame
CoolingCentral Air
HeatingCentral Building
Annual taxes$3,713

The numbers

Investment snapshot

Net

Lease structure

12 Months

Lease term

Estimated payment (illustrative)

Down payment25% · $13,500
Interest rate6.00%
Loan term

Estimated payment

$712/mo

Principal & interest$243
Property taxes (actual bill)$309
Est. insurance$160

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 Elizabeth to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

12,000vehicles / day · 2025E Dr Mlk Jr Blvd to Us41/Sr45/N Broad St · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Coney Island Drive InnRestaurant0.1 mi
Bill’s LiquorRetail0.2 mi
1885 Train Depot MuseumMuseum0.2 mi
Florida Cracker Trading CompanyRetail0.2 mi
Florida Cracker KitchenRestaurant0.2 mi
Russell Street ParkPark0.3 mi
May-Stringer HouseMuseum0.5 mi
SunTrustBank0.6 mi
BrooksvilleTown0.6 mi
Hernando ParkPark0.6 mi
Hernando County Courthousecourthouse0.6 mi
Hernando County Government Centertown hall0.6 mi
Mountaineer Coffeecafe0.6 mi
Budget Innmotel0.7 mi
Brooksville Cemeterygraveyard0.7 mi
Fredereick Eugene Lykes Junior Memorial Librarylibrary0.7 mi
South BrooksvilleLocality0.7 mi
South BrooksvilleLocality0.7 mi
South BrooksvilleTown0.8 mi
BrooksvilleTown0.9 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

23,648

Population

$56,365

Median income

51.4

Median age

2.25

Avg household

$151,500

Median home value

$1,066/mo

Median rent

2,185

Households w/ kids

Recent sales

What actually sold near 490 SMITH STREET

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

1011 S MAIN STREET

$42,000

1011 S MAIN STREET

1,350 sqft · $31/sqft · Sold Apr 3, 2025

1011 S MAIN STREET

$290,000

1011 S MAIN STREET

1,350 sqft · $215/sqft · Sold Nov 22, 2024

10 NATELLE AVENUE

$30,000

10 NATELLE AVENUE

2,489 sqft · $12/sqft · Sold Apr 16, 2026

Your team

The pros in your corner

Elizabeth Elliott

Your agent

Elizabeth Elliott

REALTOR® · CENTURY 21 Edge

Tours, offers, and every question about 490 SMITH STREET — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 490 SMITH STREET.

See it in person

Schedule a tour

Live availability from Elizabeth's calendar — pick a time and it's booked.

Listing courtesy of COLDWELL BANKER WEAVER GROUP REALTY · Thomas Dishman. MLS #W7886349.

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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