7202 US HIGHWAY 301 S at

7202 US HIGHWAY 301 S

For sale Days on market 697

$799,000

$296/sq ft

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Overview

Year Built

1945

Sqft

2697

Property Type

Retail

Property Description

Introducing an exceptional commercial property situated on a premium corner lot! This two-building parcel offers a lucrative investment opportunity. The first building comprises a well-established 1,281 square feet barbershop, while the second building houses a thriving 1,768 square feet auto repair business (that includes 3 automotive lifts). Conveniently located off the bustling US 301, which runs parallel to I-75, this property benefits from excellent accessibility and high traffic. Both buildings' Roof and A/C systems are only 2 years old. This property presents a fantastic opportunity for substantial income generation. Notably, the auto repair shop is already leased for a five-year term, commencing on May 1, 2023, with a monthly rental income of $2,700. This provides immediate stability and ensures a steady cash flow for the foreseeable future. The brand new Advent Health Hospital being built just blocks down the street on 301 makes this prime location even more desirable. The current zoning designation, General Commercial, allows for various redevelopment options, opening the door to a wide range of potential uses. Prospective ventures include research facilities, retail establishments, banks, florists, food establishments, grocery stores, restaurants, medical facilities, or recreational spaces. This commercial property on a prime corner lot offers excellent accessibility, high traffic, and tremendous income potential. Don't miss out on this opportunity!

Property Details

MLS#

T3447263

Total Floor in Bldg

Address

7202 US HIGHWAY 301

City

Riverview

State/county

Zip/Postal Code

33578

Area

Unplatted

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$3,262

Maint Fee

$--

Tax Year

2022

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