7202 Us Highway 301 SRiverview, FL 33578Price: $799,000

  • Price: $799,000
  • 385 Days on Market
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Federal 30-year interest rate: 6.95% last updated on Jun 13, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $799,000List Price
  • 0.27Acreage
  • 3,049Square Feet

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Introducing an exceptional commercial property situated on a premium corner lot, this two-building parcel offers a lucrative investment opportunity. The first building comprises a well-established 1,281 square feet barbershop, while the second building houses a thriving 1,768 square feet auto repair business (that includes 3 automotive lifts). Conveniently located off the bustling US 301, which runs parallel to I-75, this property benefits from excellent accessibility and high traffic. The Roof and A/C system in the Barbershop are only 2 years old. With the potential to lease out both spaces, this property presents a fantastic opportunity for substantial income generation. Notably, the auto repair shop is already leased for a five-year term, commencing on May 1, 2023, with a monthly rental income of $2,700. This provides immediate stability and ensures a steady cash flow for the foreseeable future. The brand new Advent Health Hospital being built just blocks down the street on 301 makes this prime location even more desirable. The current zoning designation, General Commercial, allows for various redevelopment options, opening the door to a wide range of potential uses. Prospective ventures include research facilities, retail establishments, banks, florists, food establishments, grocery stores, restaurants, medical facilities, or recreational spaces. This commercial property on a prime corner lot offers excellent accessibility, high traffic, and tremendous income potential. Don't miss out on this opportunity!

Property Details of 7202 Us Highway 301 S

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Listed by KELLER WILLIAMS REALTY- PALM H

Based on information submitted to StellarMLS as of June 18, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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