10011 WATER WORKS LN Active Save Request In-Person Tour Request Virtual Tour
Riverview,FL 33578
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
Year Built 2006
Annual Tax Amount $43,655
Lot Size 2.700 Acres
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
Exterior
Waterfront false
Building
Story 1
Foundation Slab
Water None
Structure Type Block
New Construction false
Others
Special Listing Condition None