5510 River Road #217
NEW PORT RICHEY, FL 34652

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.

Details

MLS#W7811379
StyleIQWeb_Office Bldg
Sub-TypeResale
StatusActive
Year1974
Days On Site91

Features

SQ Feet9,800
Story(s)1
ZoningPMF

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Area Information

StateFL
CountyPasco
CityNEW PORT RICHEY
Zip Code34652
Area34652 - New Port Richey
Listing VS Median (in 34652)
Price:
$450,000
low | high
Med:
$164,550
100% of Average
SqFt:
9,800
low | high
Med:
1,091
100% of Average
$ / SqFt:
$46
low | high
Med:
$153
100% of Average
On Site:
91
low | high
Med:
76.5
100% of Average
Listing Updated: 07/16/2019
MLS Number: W7811379
Listing Provided By:
Aldo Decola  of  BHHS FLORIDA PROPERTIES GROUP

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