20826 WALNUT ST Dunnellon, FL 34431

With over 1000+ sqft of open main seating area, this B3 Commercial building is suited for a business owner or investor who would open a restaurant, Club / Hall, office / medical building w waiting area, or multiple other possibilities! Located in the historic district of Dunnellon, this nearly 3/4 acre property sees a lot of daily traffic: 7.4% increase when last recorded from 2021 to 2022. The parking area, while still grass, can park between 13-18 vehicles. The historic Lions Club once used this building and parking are and was a hub for the towns festivals. Constructed of concrete block and stucco, and with its newer metal roof, this is a low maintenance structure. On the side it has a newer Lark storage building and an older shed as well. Separate a/c unit for the main hall and stage, and the kitchen and bathrooms have a traditional hvac unit. This property is also zoned R3A which can be used for multi-family and with 4+ entry doors a quadruplex is possible with the right buildout. Request your personal showing and come see the multiple options this business has to offer. B3 definition: The General Business (B-3) district is established and intended to accommodate a diverse range of moderate-intensity retail, service, office, recreation/ entertainment, visitor accommodation, and institutional uses that serve the residents and businesses in the community at large (e.g., most retail sales and service uses, restaurants, offices, banks, restaurants, gasoline filling stations, marinas, auto and boat sales and service uses, theaters, hotels, child care facilities, vocational or trade schools, health care facilities, places of worship). It also accommodates complementary residential uses (e.g., live-work and upper-story dwellings) and moderate- to high-density multifamily development (either stand-alone or mixed with commercial development), community residences, and recovery communities. Private funding may be available with large down if using an LLC or similar. Inquire from listing agent