- Properties
- Meet our agents
- Communities
- Market Report
- Home Value
- Calculator
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1979
Sq.Footage
9,756
Investment Opportunity! MOTIVATED SELLER! Turn-Key Investment Opportunity — Fully Leased Multi-Tenant Building! Opportunity to acquire a fully leased, free-standing multi-tenant building prominently located on Tamiami Trail in Port Charlotte with ample parking! All five units are currently occupied, delivering immediate, in-place income. The property features five units totaling 10,881 square feet with 9,756 rentable square feet. A standout feature is the impressive 190 feet of canal waterfront with direct harbor access. The location benefits from exceptional visibility with an Annual Average Daily Traffic Count (AADT) of 45,500. Recent improvements include a roof replacement completed in December 2022. Seller financing is available at an attractive 5% interest rate — a rare opportunity for a buyer to lock in favorable terms in today's rate environment and improve overall returns on this cash-flowing asset. Rent roll and seller income/expense sheet on page 3 of the brochure. Ownership has taken exceptional care in the construction and maintenance of this property. According to the owner, the building has never flooded during any hurricane. The building was constructed three courses of block higher than required, and interior finished floor elevations sit above the centerline of the road. The structure was built with 50-foot steel trusses, engineered to support a potential second story — offering long-term expansion flexibility for a future owner. Major systems have been well maintained and recently updated: Roof: Replaced in 2022 HVAC: All units replaced in late 2022 and 2023. Ownership currently carries $22,000/year in property insurance and does not carry separate flood insurance.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Pool
No
-
Waterfront YN
YES
-
View
Canal, Water
Area & Lot
-
Lot Features
Waterfront
-
Lot Size(acres)
0.49
-
Lot Size(square feet)
21,449
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$2,100,000
-
Tax Amount
$22,972.95
-
Sq. Footage
9,756
-
Price/SqFt
$215
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
New Construction
NO
-
Foundation Details
Slab
-
Ownership
Sole Proprietor
-
Tax Lot
1
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Charlotte
Elementary School
Middle School
High School
Listing Courtesy of Kayla Weiss-Bohnstedt, COLDWELL BANKER REALTY
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Executive Assistant
Emil Garinga
Call Emil today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.