$800,000
$995,000
19.6%For more information regarding the value of a property, please contact us for a free consultation.
5522 GULF DRIVE New Port Richey, FL 34652
4,218 SqFt
Key Details
Sold Price $800,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 4,218 sqft
Price per Sqft $189
MLS Listing ID W7860861
Sold Date 08/02/24
Construction Status Completed
HOA Y/N No
Year Built 1982
Annual Tax Amount $5,500
Lot Size 0.520 Acres
Acres 0.52
Property Sub-Type Business
Source Stellar MLS
Property Description
With 9 years remaining on the lease contract, the new owner stands to benefit from rental income and annual increases upon assuming ownership. Currently renovated and tailored for use as a daycare, the building's adaptable design lends itself to a variety of potential uses.
Offering more than 30 parking spaces situated both at the front and rear of the property, accessibility is maximized for both tenants and visitors. Positioned on a corner lot, the property's strategic location facilitates circulation and enhances its inherent value.
Furthermore, the inclusion of a second parcel and a triple net lease structure provide additional advantages for prospective owners, ensuring ease of management and potential for robust returns. In summary, this property presents a lucrative investment opportunity with keys readily available for effortless acquisition.
Location
State FL
County Pasco
Area 34652 - New Port Richey
Interior
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Vinyl
Exterior
Parking Features Parking Spaces - 19 to 30, Over 30 Spaces
Utilities Available Electricity Available
Roof Type Shingle
Building
Lot Description Corner Lot, Oversized Lot, Sidewalk, Paved
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Block,Concrete,Stucco
New Construction false
Construction Status Completed
Others
Ownership Corporation
Special Listing Condition None
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Bought with REAL BROKER, LLC
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