5510 River Road

    New Port Richey, FL 34652
    • $450,000
    • STATUS: Active
    • ON SITE: 129 days
    • MLS #: 2200302
    UPDATED: 53 min ago
    $450,000
    • 0
      BEDS
    • 0.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,800
      SQFT
    • $46
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1974
    County:

    School Ratings & Info

    Description

    Ideal investment opportunity in a 9800-SF two-story, multi-use commercial building. Flexible floor plan offering up to 41 individual office spaces. Situated on almost 1/2 acre corner lot in busy location one block from US HWY 19 and close to Tampa. Offered for a very low $46/SF. Estimated 9% CAP rate, potential 14% CAP rate with full occupancy and much higher potential with renovations. Owner financing available.

    Monthly Payment Calculator



    © 2019 Hernando County Association of Realtors. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Hardy Team - RE/MAX Marketing Specialists. Data last updated: 2019-08-17T16:24:06.633.
    www.hardyrealtor.com/homes/93526959

    5510 River Road New Port Richey, FL 34652

    • Price: $450,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 2200302
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.43
    Acres
    9,800
    SQFT
    $46
    $/SQFT
    1974
    Built
    Neighborhood:
    Not In Hernando
    County:
    Pasco
    Area:
    New Port Richey
    Property Description
    Ideal investment opportunity in a 9800-SF two-story, multi-use commercial building. Flexible floor plan offering up to 41 individual office spaces. Situated on almost 1/2 acre corner lot in busy location one block from US HWY 19 and close to Tampa. Offered for a very low $46/SF. Estimated 9% CAP rate, potential 14% CAP rate with full occupancy and much higher potential with renovations. Owner financing available.
    Exterior Features

    Additional Acreage No Construction Concrete BlockStucco Greenbelt No Parking Common Paved Road Yes Roof Built Up Signage Marquee Sinkhole Unknown Style Professional/Office Waterfront YN No

    Interior Features

    Cooling Central Electric Flooring CarpetVinyl Heat Central Electric Interior Public Restrooms Levels Two Main Building Sq Ft Heated 9800.00 Restrooms 4.00

    Property Features

    Availability For Sale Or For Lease Block 0080 CDD No City County Special Assessments No Current Zoning Other - Not Hernando Docks 0.00 Exclusions Unknown Handicap Features Parking Leases Other - See Remarks Lender Owner REO No Length Established 1974 Location Corner Lot Lot 0010 Net Leaseable Sq Ft 7800 New Construction No Offices 41 Owner Financing Yes Pool Present No Property Sub Type Offices Section 8 Sewer Public Sewer Short Sale No Tax Year 2018 Taxes 5595.09 Terms Available CashConventionalOwner May Take 1st Utilities Cable Available

    Listing provided courtesy of Bhhs Florida Properties.


    © 2019 Hernando County Association of Realtors. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Hardy Team - RE/MAX Marketing Specialists. Data last updated: 2019-08-17T16:24:06.633.
     
    The Hardy Team - RE/MAX Marketing Specialists
    3377 Mariner Boulevard
    Spring Hill FL, 34609