1. Florida
  2. Riverview
  3. 10011 WATER WORKS LANE
$5,450,000

10011 WATER WORKS LANE, Riverview, FL 33578

  • 18,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2006
  • Property Lot Size Icon2.7acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $303/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

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.

Listing Status:
Active
Date Added:
March 5, 2024 at 06:00AM
Listing Office:
AKA COMMERCIAL REALTY : 813-690-2330
Listing Agent:
Kari Kurtz : 813-690-2330
MLS ID:
T3507905
  • A/C: Central Air

This listing courtesy of Kari Kurtz, AKA COMMERCIAL REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Kids Community College Riverview South

10030 Mathog Rd, Riverview, FL, 33578

Grades KG-8

0.36 miles away

K

Kids Community College Riverview South

10030 Mathog Rd, Riverview, FL, 33578

Grades KG-8

0.36 miles away

R

Riverview High School

11311 Boyette Rd, Riverview, FL, 33569

Grades 9-12

1.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.