MANGROVE REALTY ASSOCIATES, INC.
Lori Madden, MANGROVE REALTY ASSOCIATES, INC.Phone: (941) 780-8443
Email: [email protected]

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listing
1 of 83
CommercialFor Sale
$5,750,000
10011 Water Works Lane
Riverview, FL 33578
Listed by: Aka Commercial Realty, (813) 690-2330
MLS: Stellar MLS
18,000Sq Ft
Est. Mortgage
$29,780/mo

Introducing an Exceptional Investment Opportunity: The Boardwalk of Riverview Commercial Office Park. This is a rare chance to acquire a premier investment property with a 6.5% CAP rate. The Boardwalk of Riverview consists of four standalone buildings, each featuring four units, for a total rentable area of 18,000 sq. ft. Situated on 2.7 acres, the property includes 106 parking spaces and a total square footage of 20,182 sq. ft., which encompasses walkways and overhangs. This property exemplifies pride of ownership, maintained in impeccable condition. Notable features include: * Elegant stone accents on the building exteriors * Interior units with new wide plank flooring, along with carpet and tile options, and high ceilings * Sixteen new hot water heaters installed this year * All HVAC units replaced within the last two years * Roofs that are only five years old * Recent painting of both exteriors and interiors * Driveway resurfaced and striped within the last two years * Currently 100% occupied with a waiting list Each unit is equipped with a separate electric meter and HVAC system, as well as a handicap-accessible bathroom and a pleasant breakroom. The property welcomes visitors with an inviting, tree-lined driveway that leads past two retention ponds and features a common picnic area. Ideally located just off Gibsonton Drive, this property sits within a thriving business district, offering unparalleled convenience, accessibility, and visibility. Its proximity to major highways, including I-75 and 301 Highway, ensures excellent connectivity, while being just minutes from the new AdventHealth Hospital in Riverview. This opportunity is perfect for investors seeking long-term success in a highly desirable location.

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Listing provided by Aka Commercial Realty
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