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

November 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 11/22/2024, 7:59 AM UTC

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