Property
| Ownership: | Sole Proprietor |
|---|---|
| Type: | Retail |
| Lot Size: | 0.5 Acres |
Financials
Price:$2,100,000
Annual Taxes:$22,972.95
Listing Courtesy of COLDWELL BANKER REALTY
PRICE REDUCTION ! MOTIVATED SELLER !
Description
PRICE REDUCTION! MOTIVATED SELLER! Rare opportunity to acquire this free-standing multi-tenant building prominently located on Tamiami Trail in Port Charlotte with ample parking! The property features five units totaling 10,881 square feet with 9,756 rentable square feet. A standout feature is the impressive 190 feet of canal waterfront with direct harbor access. The location benefits from exceptional visibility with an Annual Average Daily Traffic Count (AADT) of 45,500. Recent improvements include a roof replacement completed in December 2022. Owner financing is available with a 6% interest rate!
Unit A tenant currently pays $1,500 per month. Lease ends February 28, 2028.
Unit B tenant currently pays $1,940 base + $300 CAM for a total of $2,240 per month. Lease ends December 31, 2027.
Unit C tenant currently pays $2,767.25 base + $468.75 CAM for a total of $3,236 per month. Lease ends December 31, 2026.
Unit E tenant currently pays $3,063.50 base + $487.50 CAM for a total of $3,551 per month. Lease ends February 28, 2029.
Unit D is currently vacant.
Amenities
- Canal Front
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
