Active
10011 WATER WORKS LN
RIVERVIEW FL, 33578
$5,450,000
$302.78 per sqft
Active
18,000 sqft
Commercial
Built in 2006
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.
T3507905
MLSⓇ ID
March 5, 2024
Listed
January 21, 2025
Updated
Map
10011 WATER WORKS LN
RIVERVIEW FL, 33578
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
2.7 Acres
Other Property Details
Area Name
33578 - Riverview
Taxes
$43,655
Tax Frequency
Annually
Days on Market
322
Association Fee Frequency
Monthly
Garage
No
View
No
County
Hillsborough
Municipality
30
Water Source
None
Pool
No
Zoning
PD
Listing History
Date | Event | Price |
---|---|---|
1/21/2025 | Price change | $5,450,000 -6% |
Listed by AKA COMMERCIAL REALTY
Listing Contact: 813-690-2330
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Data last updated 1/21/2025, 11:26 PM UTC