Introducing an Exceptional Investment Opportunity: The Boardwalk of Riverview Commercial Office Park. This is a rare chance to acquire a premier investment property with a 6.5% CAP rate. The Boardwalk of Riverview consists of four standalone buildings, each featuring four units, for a total rentable area of 18,000 sq. ft. Situated on 2.7 acres, the property includes 106 parking spaces and a total square footage of 20,182 sq. ft., which encompasses walkways and overhangs. This property exemplifies pride of ownership, maintained in impeccable condition. Notable features include: * Elegant stone accents on the building exteriors * Interior units with new wide plank flooring, along with carpet and tile options, and high ceilings * Sixteen new hot water heaters installed this year * All HVAC units replaced within the last two years * Roofs that are only five years old * Recent painting of both exteriors and interiors * Driveway resurfaced and striped within the last two years * Currently 100% occupied with a waiting list Each unit is equipped with a separate electric meter and HVAC system, as well as a handicap-accessible bathroom and a pleasant breakroom. The property welcomes visitors with an inviting, tree-lined driveway that leads past two retention ponds and features a common picnic area. Ideally located just off Gibsonton Drive, this property sits within a thriving business district, offering unparalleled convenience, accessibility, and visibility. Its proximity to major highways, including I-75 and 301 Highway, ensures excellent connectivity, while being just minutes from the new AdventHealth Hospital in Riverview. This opportunity is perfect for investors seeking long-term success in a highly desirable location.
Mls | T3507905 |
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Listing Type | For Sale |
Style | Office Bldg |
Subtype | For-sale |
Status | Active |
Year | 2006 |
Days On Site | 283 |
Listing Provided By | AKA COMMERCIAL REALTY | Kari Kurtz |
Sq Feet | 18,000 |
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Storys | 1 |
Zoning | PD |
Acreage | 2.70 |
State | FL |
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County | Hillsborough |
City | RIVERVIEW |
Zip Code | 33578 |
Area | 33578 Riverview |
Community Name | UNPLATTED |
Listing VS Median (in UNPLATTED) | |
Price: $5,750,000 low | high Med: $485,000 SqFt: 18,000 low | high Med: 2,341 $ / SqFt: $319 low | high Med: $210 On Site: 283 low | high Med: 266.500000 |