Commercial Sale Property - Retail in Port Charlotte
Listing Price: $1,199,000
Description of Property
Prime Commercial Shopping Plaza with High Visibility on Tamiami Trail, Includes a vacant buildable lot behind the building. Investment opportunity in the heart of a bustling commercial district. This well-maintained shopping plaza, strategically located on the prominent Tamiami Trail, boasts exceptional visibility and exposure, making it a sought-after destination for businesses and customers alike. Key Features: Anchor Tenant - Subway: The plaza is anchored by the renowned Subway, a globally recognized brand, ensuring a steady and reliable stream of foot traffic. The presence of such a well-established tenant enhances the desirability of the entire complex. Diverse Tenant Mix: With a total of five tenants, including long-standing businesses, this plaza offers a diverse tenant mix, creating a dynamic and vibrant atmosphere. The stability and reputation of existing tenants contribute to the overall appeal and success of the property. Strategic Location: Situated on Tamiami Trail, one of the busiest thoroughfares in the area, the plaza enjoys unparalleled visibility and accessibility. This prime location ensures that businesses within the complex benefit from a high volume of daily passersby, maximizing exposure and potential customer reach. Under-Valued Lease Rates: The current lease rates are positioned below market value, presenting a significant opportunity for savvy investors. There is substantial room for lease rate increases, providing potential for enhanced revenue and long-term profitability. Ample Parking: Convenience is key, and this commercial plaza offers ample parking space for both tenants and customers. Ease of access and hassle-free parking contribute to a positive and customer-friendly shopping experience.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Retail
City: Port Charlotte
County: Charlotte
Subdivision: Port Charlotte Sec 002
Sq. Ft. Gross: 4,204
Sq. Ft. Living Area: 4,204
Cost per (heated) sqare foot: $285
Total Units: 5
Year built: 1959
Annual Tax: $7,658
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Water Access: Not specified
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Exterior & Construction
Architectural Style:
Construction: Block
Foundation: Block
Roof: Membrane
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Parking Features: 13 to 18 Spaces
Floors Total: 1
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Cooling: Central Air
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Lot Information
Lot Features: Central Business District, Shopping Center
Lot Size (acres): 0.18
Lot Size (sq. ft.): 8,039 square feet
Road Frontage: Street Paved, Divided Highway, Highway, Main Thoroughfare
Front Exposure: Southeast
Adjoining Property: Vacant
Current Adjacent Use:
Additional Parcels: Yes
Additional Parcels Description: 402222257002
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 402222257003
Zoning: CG
Tax Legal Desc.: PCH 002 014F 0049 PORT CHARLOTTE SEC 2 BLK 14F LT 49 & 40 FT STRIP WITHIN EXTENDED PROPERTY LINES BY 346/137 346/142 325/186 DC387/08 384/842 PR278 1951/1138 3538/978 CD3549/70
Section: 22
Range: 22E
Listing courtesy of RE/MAX ALLIANCE GROUP. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
