Address5522 Gulf Drive, NEW PORT RICHEY, FL, 34652

Price$995,000

  • Commercial Sale
  • 4,218 SQ FT
  • Built in 1982

Under contract-accepting backup offers. With 9 years remaining on the lease contract, the new owner stands to benefit from rental income and annual increases upon assuming ownership. Currently renovated and tailored for use as a daycare, the building's adaptable design lends itself to a variety of potential uses. Offering more than 30 parking spaces situated both at the front and rear of the property, accessibility is maximized for both tenants and visitors. Positioned on a corner lot, the property's strategic location facilitates circulation and enhances its inherent value. Furthermore, the inclusion of a second parcel and a triple net lease structure provide additional advantages for prospective owners, ensuring ease of management and potential for robust returns. In summary, this property presents a lucrative investment opportunity with keys readily available for effortless acquisition.

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Essential Information

  • MLS® #W7860861
  • Price$995,000
  • Bathrooms0.00
  • Square Footage4,218
  • Acres0.52
  • Price/SqFt$236 USD
  • Year Built1982
  • TypeCommercial Sale
  • Sub-TypeBusiness
  • StatusPending

Community Information

  • Address5522 Gulf Drive
  • AreaNew Port Richey
  • CityNEW PORT RICHEY
  • CountyPasco
  • StateFL
  • Zip Code34652

Amenities

Interior

  • HeatingCentral, Electric
  • CoolingCentral Air

Exterior

  • RoofShingle
  • FoundationSlab

Additional Information

  • Date ListedJanuary 30th, 2024
  • Days on Market91

Listing Details

  • OfficeREALTY ONE GROUP ADVANTAGE

Parking

Parking Spaces - 19 to 30, Over 30 Spaces

Lot Description

Corner Lot, Oversized Lot, Sidewalk, Paved

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Price Change History for 5522 Gulf Drive, NEW PORT RICHEY, FL (MLS® #W7860861)

Date Details Change
Status Changed from Active to Pending –
Community Listings

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