675 Tamiami Trail, PORT CHARLOTTE, FL

$3,250,000

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11,900

Square feet

1.32

Acres

About 675 Tamiami Trail

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 $19,324 a month, Cap rate currently about 5.48%, with room for improvement and tons of future potential! Don't miss your chance at this investment opportunity!

Features of 675 Tamiami Trail

MLS® # C7461077
Price $3,250,000
Bathrooms 0.00
Square Footage 11,900
Acres 1.32
Year Built 1989
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 675 Tamiami Trail
Area Port Charlotte
Subdivision CHARLOTTE SEC 35
City PORT CHARLOTTE
County Charlotte
State FL
Zip Code 33953

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Central, Electric
Cooling Central Air, Zoned
Fireplace No
# of Stories 1

Exterior

Roof Built-Up, Metal
Foundation Slab

Additional Information

Date Listed May 21st, 2022
Days on Market 914
Zoning CG
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFIVE STAR REALTY OF CHARLOTTE

Listing Map

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