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10011 WATER WORKS LANE

Commercial For Sale
$5,750,000

BTC: 57.90533736

ETH: 1,763.47370584

261 days
0 room(s)
18,000 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Introducing an Exceptional Investment Opportunity: The Boardwalk of Riverview Commercial Office Park. This is a rare chance to acquire a premier investment property with a 6.5% CAP rate. The Boardwalk of Riverview consists of four standalone buildings, each featuring four units, for a total rentable area of 18,000 sq. ft. Situated on 2.7 acres, the property includes 106 parking spaces and a total square footage of 20,182 sq. ft., which encompasses walkways and overhangs. This property exemplifies pride of ownership, maintained in impeccable condition. Notable features include: * Elegant stone accents on the building exteriors * Interior units with new wide plank flooring, along with carpet and tile options, and high ceilings * Sixteen new hot water heaters installed this year * All HVAC units replaced within the last two years * Roofs that are only five years old * Recent painting of both exteriors and interiors * Driveway resurfaced and striped within the last two years * Currently 100% occupied with a waiting list Each unit is equipped with a separate electric meter and HVAC system, as well as a handicap-accessible bathroom and a pleasant breakroom. The property welcomes visitors with an inviting, tree-lined driveway that leads past two retention ponds and features a common picnic area. Ideally located just off Gibsonton Drive, this property sits within a thriving business district, offering unparalleled convenience, accessibility, and visibility. Its proximity to major highways, including I-75 and 301 Highway, ensures excellent connectivity, while being just minutes from the new AdventHealth Hospital in Riverview. This opportunity is perfect for investors seeking long-term success in a highly desirable location.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
2006
Lot:
2.70 Acres
Heating:
No Data
Price/sqft:
$319
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

  • Lot

    • Lot: 2.70 Acres

    Other Property Information

    • Parcel Number: U193020ZZZ00000300260.1

    • Zoning: PD

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Other financial information

    • Annual tax amount: $43,655

  • Source details

    • MLS ID: T3507905

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 18000

    • Water Source: None

    • Subdivision Name: UNPLATTED

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: AKA COMMERCIAL REALTY