675 TAMIAMI TRAIL

PORT CHARLOTTE, FL, 33953

$3,300,000

$277 per ft²
$3,300,000
$277 per ft²
Active
Active
 - For Sale
carpenters-square
11,900 ft²
property_type
Commercial
calendar
Built 1989
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!
MLS® ID:
C7461077
Listed:
5/20/22
Updated:
8/20/22
Sotheby's International Realty
Rich Taylor

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Air, Zoned
Heating
Central, Electric

Exterior/Building Features

Lot Size
1.15 acres lot
Roof
Built-Up, Metal
Sewer
Septic Tank

Other Property Details

Area Name
33953 - Port Charlotte
Taxes
$19850.37
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Charlotte
Utilities
Water Connected
Water Source
Public
Pool
No
Total Stories
1
Zoning
CG

Courtesy of FIVE STAR REALTY OF CHARLOTTE

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Data last updated 8/20/22, 6:10 AM UTC

Sotheby's International Realty
Rich Taylor
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