Commercial Sale Property - Mixed Use in New Port Richey
Listing Price: $649,999
Description of Property
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.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Mixed Use
City: New Port Richey
County: Pasco
Subdivision: New Port Richey Estates
Sq. Ft. Gross: 3,194
Sq. Ft. Living Area: 3,194
Cost per (heated) sqare foot: $204
Year built: 1950
Annual Tax: $1,028
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Waterfront Info
Exterior & Construction
Construction: Stucco
Foundation: Slab
Floors Total: 1
Cooling: Wall/Window Unit(s)
Lot Information
Lot Size (acres): 0.62
Lot Size (sq. ft.): 26,875 square feet
Lot Dimensions: 126 x 192
Road Frontage: Highway
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 162532025.000C.00027.0
Zoning: R1
Tax Legal Desc.: NEW PORT RICHEY ESTATES PB 3 PG 79 LOTS 27-30 INCL BLOCK C OR 9621 PG 1139
Section: 32
Range: 16E
Listing courtesy of CENTURY 21 ELITE LOCATIONS, INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
