3718 Tamiami Trail, Port Charlotte, FL 33952

$1,085,000
7,499
SqFt
Sold Price
$1,085,000
List Price
$1,200,000
Status
Sold
Closing Date
Sep 19, 2017
MLS#
C7203535
Year Built
1978
Living Area
7,499
Lot Size
21,210
Acres
0.49
Total Acreage
1/4 Acre to 21779 Sq. Ft.
MLS Area Major
Port Charlotte

Property Description

Excellent location in the center of Port Charlotte at the corner of US 41 and Conway Boulevard. Located at a heavily traveled signalized intersection with a high traffic count of nearly 50,000 AADT and great exposure being next to the US Post Office. Building contains 7,500 sf and is divided into 4 units that are each around 1,875 s.f. 25 on site parking spaces and over 10 off site parking spaces available. Building is a high quality building suitable for retail, office, or other commercial uses. The building was completely renovated in 2007 with a new exterior and new interior including new plumbing, electric, HVAC, firewalls, doors, and restrooms. Longstanding tenants in the building. 100% occupied. 7.55% cap rate based on actual income and expenses. OWNER MOTIVATED. MAKE OFFER!

Additional Information

Taxes Annual
$9644
Location
Central Business District, FloodZone, Sidewalk
Community Features
Activity Core/Center, No Deed Restriction
Zoning
CI
Floor
Carpet, Tile
Utilities
BB/HS Internet Capable, Electricity Connected, Phone Available
Heating
Central, Zoned
Air Conditioning
Central Air, Zoned
Exterior Construction
Block, Stucco
Roof
Built-Up, Steel
Pool
No Pool
Garage Features
19 to 30 Spaces
Parcel ID
402223310001
Legal Description
PCH 007 0528 0001 PORT CHARLOTTE SEC7 BLK528LTS 1 2 AND N1/2 OF LOT 3 561/1897 561/1899 2937/777

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Riverside Realty Services LLC. Selling Office: GREEN LION REALTY.

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