10011 Water Works Lane, RIVERVIEW, FL 33578
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  • MLS#: T3507905 ( Commercial Sale )
  • Street Address: 10011 Water Works Lane
  • Viewed: 106
  • Price: $5,450,000
  • Price sqft: $303
  • Waterfront: No
  • Year Built: 2006
  • Bldg sqft: 18000
  • Days On Market: 449
  • Acreage: 2.70 acres
  • Additional Information
  • Geolocation: 27.855 / -82.3383
  • County: HILLSBOROUGH
  • City: RIVERVIEW
  • Zipcode: 33578
  • Subdivision: Unplatted
  • Provided by: AKA COMMERCIAL REALTY
  • Contact: Kari Kurtz
  • 813-690-2330
  • mfrmls
  • DMCA Notice
  • Description
    Seize the chance to own a top tier investment property offering a robust 7% CAP rate. The Boardwalk at Riverview boasts four standalone buildings, each thoughtfully designed with four units, providing a total rentable area of 18,000 sq. ft. Spanning 2.7 acres, this exceptional property includes 106 parking spaces and a total footprint of 20,182 sq. ft., which accounts for walkways and overhangs. *** Don't miss this rare opportunity to invest in a premier property with a strong return potential! *** This property showcases exceptional pride of ownership and has been meticulously maintained in pristine condition. The property greets visitors with a beautifully tree lined driveway that winds past two serene retention ponds, creating a tranquil and inviting environment. A shared picnic area adds to the community charm, making this property an exceptional opportunity for investors and tenants alike. Stone accents on building exteriors. Capital improvements: 16 new hot water heaters in 2024; Exterior and interior paint; All new HVAC units within last 2 years; 5 year old roofs; Driveway resurfaced and striped within last two years. Each unit is equipped with a separate electric meter and HVAC system, as well as a handicap accessible bathroom and a pleasant breakroom. 100% leased with waiting list. Located just off Gibsonton Drive, this property sits within a thriving business district, offering unparalleled convenience, accessibility, and visibility. Its proximity to major highways, including I 75 and 301 Highway, ensures excellent connectivity, while being just minutes from the new AdventHealth Hospital in Riverview. This opportunity is perfect for investors seeking long term success in a highly desirable location.