10011 Water Works LaneRiverview, FL 33578Price: $5,750,000

  • Price: $5,750,000
  • 247 Days on Market
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Federal 30-year interest rate: 6.72% last updated on Oct 31, 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.
  • $5,750,000List Price
  • 2.7Acreage
  • 18,000Square Feet

Listing Tools

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.

Property Details of 10011 Water Works Lane

Property Details

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Exterior Features

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Listed by AKA COMMERCIAL REALTY

Based on information submitted to StellarMLS as of November 7, 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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