Multi-Use Property on US 19
11418 US Highway 19, Port Richey, Florida 34668
Sold: $1,430,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
14,500 sqft
Land Size
1.85 acres
Zoning
C-2
Year Built
1979
Parking
Surface
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
Property Description
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.
Location
Contact
Alana Crumbley, CCIM
Berkshire Hathaway HomeServices FPG Commercial Division
Office: (813) 739-5700
[email protected]
Allen S. Crumbley, CCIM
Berkshire Hathaway HomeServices FPG Commercial Division
Office: (813) 739-5700
[email protected]