10011 WATER WORKS LANE RIVERVIEW FL 33578 MLS #T3507905

10011 WATER WORKS LANE
RIVERVIEW, FL, 33578
$5,750,000
Beds
0 Baths
18,000 SqFt
2.7 Acres
Add
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

Price:
$5,750,000
MLS #:
T3507905
Status:
Active
Beds:
0
Baths:
0
Address:
10011 WATER WORKS LANE
Type:
Commercial
Subtype:
Office
Subdivision:
UNPLATTED
Neighborhood:
33578 – Riverview
City:
RIVERVIEW
Listed Date:
Mar 5, 2024
State:
FL
Finished Sq Ft:
18,000
Total Sq Ft:
18,000
ZIP:
33578
Lot Size:
117,612 sqft / 2.70 acres (approx)
Year Built:
2006
Ask a Question

See this Listing

Send
  

CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

More About CENTURY

Mortgage Calculator

 

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Block

Financial

Tax Year
2023
Taxes
$43,655

Map

Community

Similar Listings Nearby

10011 WATER WORKS LANE
RIVERVIEW, FL