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PRICE $2,900,000 dsIDX morgage calculator
SIZE 11,900 sqft
LOT SIZE 1.32 ac

PERFECT COMMERCIAL INVESTMENT OPPORTUNITY IN ONE OF THE MOST RAPIDLY GROWING AREAS IN THE UNITED STATES! OR POSSIBLE BUILDING FOR LARGER FRANCHISE BUSINESS/ RESTAURANT WITH EXTRA ROOM FOR MORE PARKING OR ADDITIONAL BUILDING (Zoned Commercial General - CG) 50,000 sq ft (1.15 acres), 13,226sqf total, 12-Units for Retail / Office space (1,000sqf each) directly on Southbound US41 / Tamiami Trail, with 200 feet on Tamiami Trail, 160 feet on Franklin Ave in the rear, and 276 feet deep. An additional 50'x150' lot is included with this sale on US41 next to this property, making it a total of 250ft on US41 South and a total of 1.32 Acres of property, with a very high visibility (growing with the expansion of Westport directly behind the property), an Annual Average Daily Traffic Count of 30,000 vehicles AND GROWING. There are 39 parking spaces up front, and 20 more parking spaces in the rear, with a total of 59 parking spaces! 10-Units are on ground level which are completely leased out, and 2 units totaling 2,000 sqf, are upstairs that can be used as offices or extra storage space. The ceilings area 9ft and even higher in the upstairs units. Of the 10-Units leased, the longest lease is until June 2026. There are several tenured tenants with businesses in food/beverage, and retail/office. One top floor unit is set up and ready to go for any professional call center business. Public water is available with a water line on the front and back of the property. Extremely-high, future growth potential in this area, with the new residential community called "Westport" going in DIRECTLY BEHIND this property. The property is located BETWEEN BOTH ENTRANCES OF THE NEW WESTPORT COMMUNITY! Westport is a new residential community actively being developed between US-41, and Hwy-776. Located directly between two major I-75 Exits on US-41 (Toledo Blade, and Sumpter Blvd). Only 1-mile North of Toledo Blade on US41 and 10-minutes from I75, 2-miles from the Port Charlotte Town Center Area. 2-3 miles south of the Kia of Port Charlotte dealership, and the North Port/ Sumpter Blvd area. The flat part of roof has been completely replaced in February 2022, and has been recently re-painted. The "Crown Royal Plaza" brings in a total of $13,730 a month, Cap rate currently would be about 4.9% if fully rented out, with room for improvement and tons of future potential! Don't miss your chance at this investment opportunity!

DAYS ON MARKET 191 LAST UPDATED 11/3/2022
TRACT CHARLOTTE SEC 35 YEAR BUILT 1989
COMMUNITY 33953 - Port Charlotte COUNTY Charlotte
STATUS Active PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Nov 3, '22 $3,300,000
Nov 3, '22 - Today $2,900,000


ADDITIONAL DETAILS
AREA 33953 - Port Charlotte
CONSTRUCTION Block, Concrete, Stucco
LOT 1.32 acre(s)
LOT DIMENSIONS Irregular
MASTER ON MAIN Yes
SEWER Septic Tank
STORIES 1
SUBDIVISION CHARLOTTE SEC 35
TAXES 19850.37
UTILITIES Water Connected
WATER Public
ZONING CG
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with FIVE STAR REALTY OF CHARLOTTE
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/27/22 6:21 PM PST.

This IDX solution is (c) Diverse Solutions 2022.