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
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18,000 SqFt
Active

10011 WATER WORKS LN Riverview, FL 33578

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UPDATED:

10/22/2024 06:46 PM

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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Matthew Nagy

Agent | License ID: SL3500443

+1(814) 931-1477

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10011 WATER WORKS LN