Income-Producing Mixed-Use Property 8% Cap Rate Rare investment opportunity on high-traffic US Highway 19 in New Port Richey! This well-located 1,430 SF commercial building features multiple permitted uses and includes five residential units totaling 1,764 SF all leased on solid 12-month rental agreements. The property offers excellent cash flow with an 8% cap rate, strong long-term tenants, and outstanding visibility for future retail or office possibilities. Office building is currently vacant.
| MLS # | TB8412109 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1950 |
| Days On Site | 318 |
| Listing Provided By | CENTURY 21 ELITE LOCATIONS, INC | Samer Samhoury |
| SQ Feet | 3,194 |
|---|---|
| Story(s) | 1 |
| Zoning | R1 |
| Acreage | 0.62 |
| Property | 1028 |
|---|
| State | FL |
|---|---|
| County | Pasco |
| City | NEW PORT RICHEY |
| Zip Code | 34652 |
| Area | 34652 New Port Richey |
| Community Name | NEW PORT RICHEY ESTATES |
| State | FL |
|---|---|
| County | Pasco |
| City | NEW PORT RICHEY |
| Zip Code | 34652 |
| Area | 34652 New Port Richey |
| Community Name | NEW PORT RICHEY ESTATES |