10011 WATER WORKS LANE RIVERVIEW FL 33578 MLS #T3507905 | Gary Kusher | Florida Real Estate

10011 WATER WORKS LANE
RIVERVIEW, FL, 33578
$5,750,000
Beds
0 Baths
18,000 SqFt
2.7 Acres
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Introducing this perfect and rare opportunity to purchase a remarkable investment / commercial office park at a 6.7% 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. 16 new hot water heates 2024. 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

Price:
$5,750,000
MLS #:
T3507905
Status:
Active
Beds:
0
Baths:
0
Address:
10011 WATER WORKS LANE
Type:
Commercial
Subtype:
Office
Subdivision:
UNPLATTED
City:
RIVERVIEW
Listed Date:
Mar 5, 2024
State:
FL
Finished Sq Ft:
18,000
ZIP:
33578
Lot Size:
117,612 sqft / 2.70 acres (approx)
Year Built:
2006
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Tax Year
2023
Taxes
$43,655

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10011 WATER WORKS LANE
RIVERVIEW, FL