10011 WATER WORKS LN, RIVERVIEW, FL, 33578
$5,450,000
Commercial Sale
|
Living Area
18,000 Sqft
|
Lot Size
117,612 Sqft
|
Seize the chance to own a top-tier investment property offering a robust 7% CAP rate. The Boardwalk at Riverview boasts four standalone buildings, each thoughtfully designed with four units, providing a total rentable area of 18,000 sq. ft. Spanning 2.7 acres, this exceptional property includes 106 parking spaces and a total footprint of 20,182 sq. ft., which accounts for walkways and overhangs. *** Don't miss this rare opportunity to invest in a premier property with a strong return potential! *** This property showcases exceptional pride of ownership and has been meticulously maintained in pristine condition. The property greets visitors with a beautifully tree-lined driveway that winds past two serene retention ponds, creating a tranquil and inviting environment. A shared picnic area adds to the community charm, making this property an exceptional opportunity for investors and tenants alike. Stone accents on building exteriors. Capital improvements: 16 new hot water heaters in 2024; Exterior and interior paint; All new HVAC units within last 2 years; 5 year old roofs; Driveway resurfaced and striped within last two years. Each unit is equipped with a separate electric meter and HVAC system, as well as a handicap-accessible bathroom and a pleasant breakroom. 100% leased with waiting list. 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.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRT3507905 | Year Built: | 2006 | |
| Construction Materials: | Block | Cooling: | Central Air | |
| Country: | US | County Or Parish: | Hillsborough | |
| Foundation Details: | Slab | Listing Agreement: | Exclusive Right To Sell | |
| Property Sub Type: | Office | Property Type: | Commercial Sale | |
| Road Frontage Type: | Business District, Divided Highway, Main Throrughfare | Road Surface Type: | Asphalt | |
| Showing Requirements: | 24 Hour Notice, Appointment Only, Do Not Contact Tenants, Listing Agent Must Accompany | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Water Source: | None | |||
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