Active

$3,250,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 11900 sq ft
Overview
  • ID: MFRC7461077
  • Bedrooms:
  • Bathrooms: 0
  • Size: 11900 sq ft
Property Details
Remarks
PERFECT COMMERCIAL INVESTMENT OPPORTUNITY IN ONE OF THE MOST RAPIDLY GROWING AREAS IN THE UNITED STATES! OR POSSIBLE BUILDING FOR LARGER FRANCHISE BUSINESS/ RESTAURANT WITH EXTRA ROOM FOR MORE PARKING OR ADDITIONAL BUILDING (Zoned Commercial General - CG) 50,000 sq ft (1.15 acres), 13,226sqf total, 12-Units for Retail / Office space (1,000sqf each) directly on Southbound US41 / Tamiami Trail, with 200 feet on Tamiami Trail, 160 feet on Franklin Ave in the rear, and 276 feet deep. An additional 50'x150' lot is included with this sale on US41 next to this property, making it a total of 250ft on US41 South and a total of 1.32 Acres of property, with a very high visibility (growing with the expansion of Westport directly behind the property), an Annual Average Daily Traffic Count of 30,000 vehicles AND GROWING. There are 39 parking spaces up front, and 20 more parking spaces in the rear, with a total of 59 parking spaces! 10-Units are on ground level, and 2 units totaling 2,000 sqf, are upstairs that can be used as offices or extra storage space. ALL UNITS ARE COMPLETELY LEASED OUT! The ceilings area 9ft and even higher in the upstairs units. Of the 10-Units leased, the longest lease is until June 2026. There are several tenured tenants with businesses in food/beverage, and retail/office. One top floor unit is set up and ready to go for any professional call center business. Public water is available with a water line on the front and back of the property. Extremely-high, future growth potential in this area, with the new residential community called "Westport" going in DIRECTLY BEHIND this property. The property is located BETWEEN BOTH ENTRANCES OF THE NEW WESTPORT COMMUNITY! Westport is a new residential community actively being developed between US-41, and Hwy-776. Located directly between two major I-75 Exits on US-41 (Toledo Blade, and Sumpter Blvd). Only 1-mile North of Toledo Blade on US41 and 10-minutes from I75, 2-miles from the Port Charlotte Town Center Area. 2-3 miles south of the Kia of Port Charlotte dealership, and the North Port/ Sumpter Blvd area. The flat part of roof has been completely replaced in February 2022, and has been recently re-painted. The "Crown Royal Plaza" brings in a total of $19,324 a month, Cap rate currently about 5.48%, with room for improvement and tons of future potential! Don't miss your chance at this investment opportunity!
Financial Considerations
Price:
$3,250,000
HOA Fee:
N/A
Tax Amount:
$19850.37
Price per SqFt:
$245.73
Tax Legal Description:
PCH 035 1271 0021 PORT CHARLOTTE SEC 35 BLK 1271 LTS 21 22 23 24 167/622 811/1435 & 1437 989/2057 RE991/1694 1774/327 RES1931/1278 PCH 035 1271 0009 PORT CHARLOTTE SEC 35 BLK 1271 LT 9 397/719 902/231 989-2056 RE991-1693 RE991/1690 1774/327 PCH 035 1 271 0010 & PCH 035 1271 0020 PORT CHARLOTTE SEC35 BLK1271 LT20 501/883 793/1081-82 1095/1218-19 1113/769 RES1931/1278
Exterior Features
Lot Size:
50000
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Built-Up, Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central, Electric
Cooling:
Central Air, Zoned
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Retail
Style:
N/A
Year Built:
1989
Construction Type:
Block, Concrete, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    675 TAMIAMI TRL
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