Property Attributes
- MLS#C7461077
- TypeCommercial
- CountyCHARLOTTE
- CityPORT CHARLOTTE
- AreaPort Charlotte
- NeighborhoodCharlotte Sec 35
- Zip33953
- StyleRetail
- Year Built1989
- Taxes$ 19850
- Price$ 3,250,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage11900
- Lot Size1.32 Acres
Data Source:
Stellar MLS
Property Description
PERFECT COMMERCIAL INVESTMENT OPPORTUNITY IN ONE OF THE MOST RAPIDLY GROWING AREAS IN THE UNITED STATES! OR POSSIBLE BUILDING FOR LARGER FRANCHISE BUSINESS/ RESTAURANT WITH EXTRA ROOM FOR MORE PARKING OR ADDITIONAL BUILDING (Zoned Commercial General - CG) 50,000 sq ft (1.15 acres), 13,226sqf total, 12-Units for Retail / Office space (1,000sqf each) directly on Southbound US41 / Tamiami Trail, with 200 feet on Tamiami Trail, 160 feet on Franklin Ave in the rear, and 276 feet deep. An additional 50'x150' lot is included with this sale on US41 next to this property, making it a total of 250ft on US41 South and a total of 1.32 Acres of property, with a very high visibility (growing with the expansion of Westport directly behind the property), an Annual Average Daily Traffic Count of 30,000 vehicles AND GROWING. There are 39 parking spaces up front, and 20 more parking spaces in the rear, with a total of 59 parking spaces! 10-Units are on ground level, and 2 units totaling 2,000 sqf, are upstairs that can be used as offices or extra storage space. ALL UNITS ARE COMPLETELY LEASED OUT! The ceilings area 9ft and even higher in the upstairs units. Of the 10-Units leased, the longest lease is until June 2026. There are several tenured tenants with businesses in food/beverage, and retail/office. One top floor unit is set up and ready to go for any professional call center business. Public water is available with a water line on the front and back of the property. Extremely-high, future growth potential in this area, with the new residential community called "Westport" going in DIRECTLY BEHIND this property. The property is located BETWEEN BOTH ENTRANCES OF THE NEW WESTPORT COMMUNITY! Westport is a new residential community actively being developed between US-41, and Hwy-776. Located directly between two major I-75 Exits on US-41 (Toledo Blade, and Sumpter Blvd). Only 1-mile North of Toledo Blade on US41 and 10-minutes from I75, 2-miles from the Port Charlotte Town Center Area. 2-3 miles south of the Kia of Port Charlotte dealership, and the North Port/ Sumpter Blvd area. The flat part of roof has been completely replaced in February 2022, and has been recently re-painted. The "Crown Royal Plaza" brings in a total of $16,747 a month, Cap rate currently about 5.7%, with room for improvement and tons of future potential! Don't miss your chance at this investment opportunity!
Price History | |
---|---|
5/22/2022 | Listed $3,300,000 |
11/3/2022 | 13% - $2,900,000 |
General Features
Sewer | Septic Tank |
---|---|
Heating | Central,Electric |
Cooling | Central Air,Zoned |
Utilities | Water Connected |
Roof | Built-Up,Metal |
Zoning | CG |
Construction Materials | Block,Concrete,Stucco |
Year Built | 1989 |
Property SubType | Retail |
Tax Year | 2021 |
Percent Ownership | Corporation |
County | Charlotte |
New Construction | No |
Property Type | Commercial Sale |
Subdivision Name | CHARLOTTE SEC 35 |
Building Features | Bathrooms |
Status | Active |
Directions | From North Port,head south on US 41,after Moss Dr,the Crown Royal Plaza will be on the right,675 Tamiami Trail. Look for Crown Royal Plaza sign. |
City | PORT CHARLOTTE |
Buyer Agent Compensation | 2.5% |
MLS Area | 33953 - Port Charlotte |
Lot Size Square Feet | 50000 |
Waterfront Y/N | No |
Street Name | Tamiami |
Listing Terms | Cash |
Tax Annual Amount | 19850.37 |
Public Remarks | PERFECT COMMERCIAL INVESTMENT OPPORTUNITY IN ONE OF THE MOST RAPIDLY GROWING AREAS IN THE UNITED STATES! OR POSSIBLE BUILDING FOR LARGER FRANCHISE BUSINESS/ RESTAURANT WITH EXTRA ROOM FOR MORE PARKIN |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/C7461077 |
Days on Market | 695 |
Standard Status | Active |
Tax Lot | 21 |
Legal Description | PCH 035 1271 0021 PORT CHARLOTTE SEC 35 BLK 1271 LTS 21 22 23 24 167/622 811/1435 & 1437 989/2057 RE991/1694 1774/327 RES1931/1278 PCH 035 1271 0009 PORT CHARLOTTE SEC 35 BLK 1271 LT 9 397/719 902/23 |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Total Stories | 1 |
---|---|
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Street Suffix | TRAIL |
LivingAreaSource | Public Records |
Living Area Units | Square Feet |
Exterior Features
Water Source | Public |
---|---|
Lot Size Area | 1.1478 |
Foundation Details | Slab |
Number of Buildings | 1 |
Building Area Total | 13226 |
Lot Dimensions | Irregular |
Lot Size Acres | 1.32 |
Road Surface Type | Asphalt |
Lot Size Units | Acres |
Road Frontage Type | County Road,Divided Highway,Main Throrughfare |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool