Property Description
Income-Producing Mixed-Use Property - 8% Cap RateRare investment opportunity on high-traffic US Highway 19 in New Port Richey! This well-located 1,430 SF commercial building features multiple permitted uses and includes five residential units totaling 1,764 SF - all leased on solid 12-month rental agreements. The property offers excellent cash flow with an 8% cap rate, strong long-term tenants, and outstanding visibility for future retail or office possibilities. Office building is currently vacant.
Property Features
Property Type: Commercial -
Cooling: Central Air, Wall/Window Unit(s)
Lot Size: 0.62 Acres
Stories: 1.0
Taxes: $1,028
Year Built: 1950
Square Feet: 3,194
Feature Descriptions
Days on Site: 188
Directions: US 19 Northbound, just south of the bridge at the Cotee River
Exterior: Block, Stucco
Flood Zone Code: AE
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash
Lot Dimensions: 0.62
Ownership: Corporation
Property Attached Y/N: No
Property Sub-Type: Mixed Use
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Water Access Y/N: No
Zoning: R1
Listed By / Shown By
Listed By
Agency Name: CENTURY 21 ELITE LOCATIONS, INC
Agency Contact: 813-960-0999
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
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7618 Us Highway 19 | MLS# TB8412109
This commercial property located at 7618 Us Highway 19, New Port Richey, FL 34652 is currently listed for sale with an asking price of $649,999. Search New Port Richey real estate on www.watsonrealtycorp.com today.