Repurpose or redevelopment opportunity located on nearly 3 acres, features a large parking lot, easy access and a prominent location on Madison Street, just north of the SR54/Madison Street intersection. The building is more than 11,000+ SF building has a large room to host all manner of events; however is in need of a total renovation. The property is near downtown New Port Richey. Amidst the ongoing renovation and residential revitalization with numerous restaurants and shoppes, this strategically located land offers unmatched potential for investors and entrepreneurs. Located directly across from Wells Fargo and next to Race Trac with high visibility. Don't miss this redevelopment or repurposing opportunity to be part of New Port Richey's thriving future. Go to site. Showing of the inside of the property will be set up with executed LOI.
Financial Considerations
Price:
$1,495,000
HOA Fee:
N/A
Tax Amount:
$7657.6
Price per SqFt:
$127.26
Tax Legal Description:
COM AT SE COR OF SEC 17 TH ALG EAST BDY OF SAID SEC N00DEG33' 01"E 285.00 FT FOR POB TH N89DEG38' 29"W 535.56 FT TH N00DEG29' 37"E 50.00 FT TH N89DEG38' 29"W 6.19 FT TH N00DEG29' 37"E 200.00 FT TH S89DEG38' 29"E 542.00 FT TO EAST BDY OF SAID SEC TH A LG SAID BDY S00DEG33' 01"W 250.00 FT TO POB THE EAST 30.00 FT THEREOF BEING SUBJECT TO ROAD R/W FOR MADISON ST THE WEST 12.00 FT OF EAST 30.00 FT BEING SUBJECT TO A FLORIDA POWER CORPORATION EASEMENT OR 5840 PG 534