Homes for sale - 675 TAMIAMI TRL, Port Charlotte, FL 33953

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Milton Knight, CRS

milton@sunliferealtors.com +1(786) 917-3337

$3,250,000

Est. payment - /mo

11,900 SqFt

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UPDATED:

07/27/2024 09:22 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 11,900 sqft

Price per Sqft $273

Subdivision Charlotte Sec 35

MLS Listing ID C7461077

HOA Y/N No

Originating Board Stellar MLS

Year Built 1989

Annual Tax Amount $19,850

Lot Size 1.320 Acres

Acres 1.32

Lot Dimensions Irregular

Property Description

PERFECT COMMERCIAL INVESTMENT OPPORTUNITY IN ONE OF THE MOST RAPIDLY GROWING AREAS IN THE UNITED STATES! OR POSSIBLE BUILDING FOR LARGER FRANCHISE BUSINESS/ RESTAURANT WITH EXTRA ROOM FOR MORE PARKING OR ADDITIONAL BUILDING (Zoned Commercial General - CG) 50,000 sq ft (1.15 acres), 13,226sqf total, 12-Units for Retail / Office space (1,000sqf each) directly on Southbound US41 / Tamiami Trail, with 200 feet on Tamiami Trail, 160 feet on Franklin Ave in the rear, and 276 feet deep. An additional 50'x150' lot is included with this sale on US41 next to this property, making it a total of 250ft on US41 South and a total of 1.32 Acres of property, with a very high visibility (growing with the expansion of Westport directly behind the property), an Annual Average Daily Traffic Count of 30,000 vehicles AND GROWING. There are 39 parking spaces up front, and 20 more parking spaces in the rear, with a total of 59 parking spaces! 10-Units are on ground level, and 2 units totaling 2,000 sqf, are upstairs that can be used as offices or extra storage space. ALL UNITS ARE COMPLETELY LEASED OUT! The ceilings area 9ft and even higher in the upstairs units. Of the 10-Units leased, the longest lease is until June 2026. There are several tenured tenants with businesses in food/beverage, and retail/office. One top floor unit is set up and ready to go for any professional call center business. Public water is available with a water line on the front and back of the property. Extremely-high, future growth potential in this area, with the new residential community called "Westport" going in DIRECTLY BEHIND this property. The property is located BETWEEN BOTH ENTRANCES OF THE NEW WESTPORT COMMUNITY! Westport is a new residential community actively being developed between US-41, and Hwy-776. Located directly between two major I-75 Exits on US-41 (Toledo Blade, and Sumpter Blvd). Only 1-mile North of Toledo Blade on US41 and 10-minutes from I75, 2-miles from the Port Charlotte Town Center Area. 2-3 miles south of the Kia of Port Charlotte dealership, and the North Port/ Sumpter Blvd area. The flat part of roof has been completely replaced in February 2022, and has been recently re-painted. The "Crown Royal Plaza" brings in a total of $19,324 a month, Cap rate currently about 5.48%, with room for improvement and tons of future potential! Don't miss your chance at this investment opportunity!

Location

State FL

County Charlotte

Community Charlotte Sec 35

Zoning CG

Interior

Heating Central, Electric

Cooling Central Air, Zoned

Exterior

Utilities Available Water Connected

Roof Type Built-Up,Metal

Building

Story 1

Foundation Slab

Lot Size Range 1 to less than 2

Sewer Septic Tank

Water Public

Structure Type Block,Concrete,Stucco

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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Listed by FIVE STAR REALTY OF CHARLOTTE

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Milton Knight, CRS

+1(786) 917-3337

Principal Real Estate Broker | License ID: 0663675

Principal Real Estate Broker License ID: 0663675

675 TAMIAMI TRL Port Charlotte, FL 33953

Milton Knight, CRS

Key Details

Location

Interior

Exterior

Building

Others

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