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

  • Price: $5,750,000
  • 82 Days on Market
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Federal 30-year interest rate: 6.94% last updated on May 23, 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 this perfect and rare opportunity to purchase a remarkable investment / commercial office park at a 6.5% CAP rate. The Boardwalk of Riverview commercial office park, available for sale now, consists of 4 stand alone buildings, each housing 4 units. Total rentable sq.ft. is 18,000 sq.ft. The property is on 2.7 acres and offers 106 parking spaces. Total sq.ft. of all 4 buildings is 20,182 sq.ft. (including walkways and overhangs). The pride of ownership shows in the impecible condition the property is in. Building exteriors have nice stone accents on lower walls. Interior units have new wide plank flooring, some with carpet and tile; and high ceilings. All 16 HVAC units are new within the last 2 years. The roofs are only 5 years old. Buildings painted exterior and interiors within the last year. Driveway was resurfaced and stripped less than 2 years ago. 100% occupancy with a waiting list. Each unit has their own seperate electric meter and HVAC with a HC bathroom and nice breakroom. Inviting long tree-lined driveway into the office park, past the 2 retension ponds. Common shared picnic area. This exquisite property boasts an unrivaled location in Riverview, just off Gibsonton Drive, in the thriving business district with an unparalleled convenience and accessibility and visability. Nestled in between I-75 exit and 301 Highway. Excellent connectivity to major highways and just minutes from the new AdventHealth Hospital in Riverview. Perfect for investors seeking long-term success.

Property Details of 10011 Water Works Lane

Property Details

Interior Features

Exterior Features

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Listed by AKA COMMERCIAL REALTY

Based on information submitted to StellarMLS as of May 25, 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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