Riverview, FL 33578,10011 WATER WORKS LN
Riverview, FL 33578,10011 WATER WORKS LN
Riverview, FL 33578,10011 WATER WORKS LN
Riverview, FL 33578,10011 WATER WORKS LN
Riverview, FL 33578,10011 WATER WORKS LN
Riverview, FL 33578,10011 WATER WORKS LN
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$ 5,750,000
Est. payment | /mo

18,000 SqFt


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$ 5,750,000
Est. payment | /mo
Save

18,000 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 18,000 sqft

Price per Sqft $319

Subdivision Unplatted

MLS Listing ID T3507905

HOA Y/N No

Originating Board Stellar MLS

Year Built 2006

Annual Tax Amount $43,655

Lot Size 2.700 Acres

Acres 2.7

Property Description

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.

Location

State FL

County Hillsborough

Community Unplatted

Zoning PD

Interior

Cooling Central Air

Building

Story 1

Foundation Slab

Lot Size Range 2 to less than 5

Water None

Structure Type Block

New Construction false

Others

Ownership Other

Special Listing Condition None

Stellar MLS
Listed by AKA COMMERCIAL REALTY
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10011 WATER WORKS LN