Multi-Use Property on US 19

  SOLD January 2022 for $1,430,000

11418 US Highway 19, Port Richey, Florida 34668


Documents
Building Size14,500 Square Feet
Land Size1.85 Acres
ZoningC-2
ParkingSurface
Year Built1979
Parcel ID:10-25-16-0050-05500-0000
Frontage 1:302' on US 19
Frontage 2:267' on Johnson Rd.
Traffic Count:56,000 AADT on US 19

This is a great opportunity for a value-add investor who wants a mixed-use investment. Lease out warehouse space, 3 retail units, continue to collect rent from an income producing tenant! The back portion of the parcel is just under an acre with a small building on it. Continue to lease it out, add new structures, parking or a nice outdoor area for your retailers. This could also be a great place for an owner/occupier who needs storefront, storage and parking and wants to collect some extra revenue from the existing tenant. Owner financing available with a minimum 40% down.

  • Income-producing warehouse and retail property on US19
  • Excellent visibility - Over 300’ of highway frontage
  • Great opportunity for owner/occupier or investor
  • 4 buildings - 14,000± SF on 1.85 C-2 zoned acres
  • Long-time, income-producing tenant
  • Potential NOI for whole property - $130,000
  • Owner financing option - 40% down min.

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


Powered by TotalCommercial.com