• Gulf Plaza - 5510 River Rd, New Port Richey, FL 34652

For Sale

Office

For Sale

This property is available for sale
0.43
Acres
$450,000
Sale Price
  • Sale Status
    Active
  • Year Built
    1974
  • Total Building Size
    9,800 RSF
  • Overview

    Ideal investment opportunity in a 9,800-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 10% CAP rate, potential 14% CAP rate with full occupancy and much higher potential with renovations. Owner financing available.

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Property Details

Ideal investment opportunity in a 9,800-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 10% CAP rate, potential 14% CAP rate with full occupancy and much higher potential with renovations. Owner financing available.

  • Property Type
    Office
  • Submarket
  • Year Built
    1974
  • Sale Price
    $450,000
  • Total Building Size
    9,800RSF
  • Total Acres
    0.43
  • Number of Floors
    2
  • Building Class
    C
  • Sale Status
    Active
  • Last updated
    Sep 20, 2019
  • Property ID
    447905

Landlord's Sales Representatives

  • Robb Sercu
    Berkshire Hathaway HomeServices Florida Properties Group
     
  • Aldo deCola
    Berkshire Hathaway HomeServices Florida Properties Group
     
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