Active

675 TAMIAMI TRL

PORT CHARLOTTE FL, 33953

$3,250,000


$273.11 per sqft

Active

11,900 sqft

Commercial

Built in 1989

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!

C7461077

MLS ID

May 22, 2022

Listed

July 14, 2024

Updated

Map

675 TAMIAMI TRL
PORT CHARLOTTE FL, 33953

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Zoned


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

1.15 Acres


Roof

Built-Up, Metal


Sewer

Septic Tank

Other Property Details

Area Name

33953 - Port Charlotte


Taxes

$19,850


Tax Frequency

Annually


Days on Market

696


Garage

No


View

No


County

Charlotte


Municipality

40S


Water Source

Public


Pool

No


Zoning

CG


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

5/9/2024

Price Change

$3,250,000

1%

Listed by FIVE STAR REALTY OF CHARLOTTE
Listing Contact: 941-637-6116 

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Data last updated 7/14/2024, 6:08 AM UTC

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