6219 Massachusetts Ave - Freestanding FOR SALE


New Port Richey, FL 34653- Greater New Port Richey North
$1,100,000 USD
813-549-7653
6219 Massachusetts Ave, New Port Richey, FL for Sale
$1,100,000 USD
Freestanding - FOR SALE
1/9
null | 8.29% Cap Rate

NEW


6219 Massachusetts Ave
New Port Richey, FL 34653
Greater New Port Richey North


OVERVIEW

Completely Renovated Value-Add Strip Center | Owner-User + Investment Opportunity Positioned along Massachusetts Avenue in the heart of New Port Richey, this fully renovated ±5558 SF neighborhood strip center offers a rare combination of stabilized income and immediate upside through lease-up or owner occupancy. The property has undergone a comprehensive capital improvement program in 2026, including a new roof, new A/C systems, updated electrical, fresh stucco and paint, upgraded storefronts, and a resurfaced parking lot—delivering a true turnkey asset with minimal near-term capital expenditure requirements. Currently 60% occupied, the property generates in-place income while providing a clear path to increased NOI through leasing the remaining vacancy at market rents. This makes it an ideal opportunity for an investor seeking yield with upside, or an owner-user looking to occupy space while offsetting occupancy costs with existing tenant income. Zoned C2, the asset supports a wide range of retail and service-oriented uses, catering to the surrounding residential density and steady local traffic patterns. Suite sizes and layout flexibility allow for diverse tenancy—from service retail and medical to boutique office or showroom users.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

8.29%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

C2

APN/PARCEL ID

33-25-16-0100-00000-0040

ASK ABOUT THIS PROPERTY

Peter KatsarelisBrokers International Real EstateMore Info
813-549-7653

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Peter KatsarelisBrokers International Real EstateMore Info
813-549-7653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.