7202 US HIGHWAY 301 S, RIVERVIEW, FL 33578

$799,000

Active · 697 days on market · MLS# MFRT3447263

Living area2,697 sq ft
Lot size0.27 acres
Year built1945
Property typeRetail
WaterfrontYes
Annual taxes$3,262
CountyHillsborough

About this home

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!

Listing courtesy of Brandon Rimes, KELLER WILLIAMS REALTY- PALM H. Presented by MC Homes Realty Inc · 727432218.

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