Nest Seekers

PRICE REDUCTION ! MOTIVATED SELLER !

Apt: E
PORT CHARLOTTE, FL 33952

Listing

Web ID:5550804
Website:https://www.nestseekers.com/5550804

Property

Ownership: Sole Proprietor
Type: Retail
Lot Size: 0.5 Acres

Financials

Price:$2,100,000
Annual Taxes:$22,972.95

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.
Virtual Tour: https://www.propertypanorama.com/instaview/stellar/C7520821

Amenities

  • Canal Front

Location

PORT CHARLOTTE FL 33952 USA

Contact

Miami, FL
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Phone: +1 305-203-4555
Fax: +1 305-675-0745
jm@nestseekers.com
Listing Courtesy of COLDWELL BANKER REALTY
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