.17 Acre 3,250 Sq. Ft 850 total office and 2400 warehouse
This solid block building was built by a well known high end home builder (Stylistic Design) as there offices in 2001. It is fully insulted and 100% air-conditioned. Divided into 2 units, with everything separate. In 2022 the HVAC System in the East unit was replaced and in 2023 the West system was replaced. The building is fully alarmed and has a camera system (this is owned and goes with the building). The building is elevated and not in a flood zone. The office space is above average for this type building and the floors have epoxy paint. Clean Environmental Study dated 2022 and Survey available.
The building has 2 solid tenants, the Gutter company has occupied the premises since 2022 and has renewed the lease. The Charity occupying the West unit has also been on location since 2022. They just signed a renewal on 09/01/2025. There is one additional income of $200.00 per month for a parking space. The impressive ROI is OVER 8% !!!
Port Richey and the County of Pasco has made significant improvements in this area, including repaving part of Springer Drive and improving some utilities. With the new Ridge Rd. expansion, this property is a short drive to the SunCoast parkway (Fl. State Road 589) and a short/fast commute (central location) for Tampa, Hernando, Hillsboro and Citrus Counties. This property is on City water and sewer and Duke energy services this area. Also the Port Richey City Hall, Police and Service Departments are at the end of this street.
This is a very clean and nice cash flowing property with very low maintenance. Owner will finance with 1/2 down and install a new roof with a full price offer. The roof does NOT leak, but is aged out for insurance. Bring your best investors, this is the one to hold, impeccable lease history !