675 Tamiami TRAIL
Port Charlotte, FL, 33953 $ 3,200,000
Baths0.0 Sq 11,900 Monthly Estimate*
$ 22,353
Studio
for $3,200,000. This 11,900 square foot building was built in 1989 on a lot size of 1.32.
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!
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FeaturesGeneralSewer 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 584
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
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ExteriorWater 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
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InteriorTotal Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix TRAIL
Total Baths 0
Living Area Units Square Feet
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* Excluded FeaturesList ByFive Star Realty Of CharlotteBroker
Affordability Calculator
- Monthly Principal & Interest
- $22,353
- Monthly Property Taxes
- $1,654
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Port Charlotte, FL
Average List Price $755,152
Percent of Sale Price 76%
About Port Charlotte, FL 59,365 Population
10% Since 2002
$ 39,396 Median Income
51.13 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
11/3/2022 | $2,900,000 | -12.12% | Price Down |
5/22/2022 | $3,300,000 | | Listed Price |