Active
10011 WATER WORKS LN
RIVERVIEW FL, 33578
$5,750,000
$319.44 per sqft
Active
18,000 sqft
Commercial
Built in 2006
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.
T3507905
MLSⓇ ID
March 5, 2024
Listed
October 22, 2024
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
231
Association Fee Frequency
Monthly
Garage
No
View
No
County
Hillsborough
Municipality
30
Water Source
None
Pool
No
Zoning
PD
Listed by AKA COMMERCIAL REALTY
Listing Contact: 813-690-2330
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Data last updated 10/22/2024, 3:27 PM UTC