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$375,000 -$10,000 (-2.6%) Price Reduced
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Property Description
Nestled in Historic Downtown Inverness, the R.O. Hicks House stands as one of the oldest remaining landmarked homes, offering timeless charm and endless potential. Built in the early 1900s, this beautifully preserved property is a rare find, ready to be transformed into your dream business. Positioned on a .34-acre corner lot with high visibility along W Main Street/SR 44 (40,000 AADT), it offers unparalleled access and downtown prominence. The 1,600 SF main building features high ceilings, a grand room, a kitchen, two restrooms, and original hardwood floors, while a 350 SF converted garage serves as a private office or potential rental space. A true downtown rarity, the property includes 17+ on-site parking spaces with Handicap, ensuring seamless access for customers and clients. Steps from shops, restaurants, Citrus Memorial Hospital, the Citrus County Courthouse, and City Hall, it also connects to the Depot District, Liberty Park, and the Withlacoochee State Trail, drawing eco-tourists and visitors from around the world. As part of the Tampa-St. Petersburg-Clearwater MSA, Citrus County is booming, with population growth expected to reach 350,000 by 2030. The $135 million Suncoast Parkway expansion is further fueling regional development. Whether you envision a boutique, artisan studio, tea house, bakery, or live-work space, the possibilities are endless. Zoning encourages creative business ventures, making this a once-in-a-lifetime investment. Step into history, embrace opportunity, and bring your vision to life in this charming downtown gem! 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.
Full Property Details
Full Property Details for 401 Tompkins St
General
- Price: $375,000
- Taxes: $3,252 (2024)
- Status: Active
- Type: Retail
- Source: MidFloridaRegionalMLS
- MLS ID: OM696932
- Updated: 1/9/2026
- Added to Site: 309 day(s) ago
Interior
- Flooring: Ceramic Tile
Parking
- Parking Features: 19 to 30 Spaces
Location
- Area: 34450 - Inverness
- County: Citrus
- Development Name: 34450 - Inverness
- Subdivision: OAKLEE GROVE CONDO
- Driving Directions: Heading south from Downtown Inverness on W Main Street, turn left on the next two blocks onto N Osceola Ave, then turn left on Tompkins street. You should reach your destination on the left side.
Community
- Community Name: 34450 - Inverness
Heating & Cooling
- Cooling Type: Central Air
Structural Information
- # Buildings: 2
- Exterior Const.: Block, Brick
- Roof: Shingle
- Square Feet: 1,600
- Sq. Ft. Source: Public Records
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 15,000
- Lot Size: 15000
- Lot Dimensions: 100 x 150
- Frontage: City Street
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $3,252.5
- Tax Year: 2024
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: None
- Legal Description: SUB OF SW1/4 OF NW1/4 PB 1 PG 25 LOTS 15 & 16 BLK 2
- Flood Zone Info: X
- APN: 20E19S170010000200150
- Property ID: 20E19S170010000200150
- Block/Lot/Section: 2
Listed by Century 21 J.W.Morton R.E.
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Schools
Schools serving 401 Tompkins St
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Inverness Primary School 206 South Line Avenue, Inverness, FL 34452 | PK-5 | 0.3 mi |
Inverness Middle School 1950 U.S. 41, Inverness, FL 34450 | 5-8 | 1 mi |
Citrus High School 600 West Highland Boulevard, Inverness, FL 34452 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 401 Tompkins St
Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$375,000
-2.6%
MLS
12/17/2025
Price Reduced
$385,000
-2.51%
MLS
11/07/2025
Price Reduced
$394,900
-1.25%
MLS
9/30/2025
Price Reduced
$399,900
-4.76%
MLS
9/18/2025
Price Reduced
$419,900
-1.2%
MLS
6/20/2025
Price Reduced
$425,000
-3.41%
MLS
5/08/2025
Price Reduced
$440,000
-2.22%
MLS
3/13/2025
Listed
$450,000
373.68%
MLS
10/15/2013
Sold
$95,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 401 Tompkins St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,294
1%
$151,020
2%
2024
$3,252
—
$148,430
1%
2023
$3,260
8%
$147,150
6%
2022
$3,010
4%
$139,310
3%
2021
$2,905
—
$135,140
-1%
2021
$2,905
-5%
$136,150
1%
2018
$3,057
-3%
$134,620
-3%
2017
$3,164
4%
$138,450
5%
2016
$3,030
1%
$132,070
-1%
2019
$2,990
—
$133,890
2%
2015
$2,994
-6%
$131,060
-1%
2014
$3,173
-8%
$132,620
-8%
2013
$3,432
—
$144,920
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 401 Tompkins St
401 Tompkins Street, Inverness, FL 34450 (MLS# OM696932) is a Retail property. 401 Tompkins Street is currently listed for $375,000 and was received on March 13, 2025. Want to learn more about 401 Tompkins Street? Do you have questions about finding other Retail real estate for sale in Inverness? You can browse all Inverness real estate or contact a Coldwell Banker agent to request more information.

