8333-8341 New York Avenue

Description

Three-parcel, 7,579sf mixed-use income assemblage on approximately 1.5 acres in a commercial zone with residential, industrial, and retail components. The property is located about 1/3 mile from US19N. Hudson and Pasco County are experiencing strong growth. Building 1 is a 912sf 3-bedroom, one bath home with central air and a pool, built in 1972. This property has a month-to-month tenant and rents for $1,200/ month. Building 2 is a 1,335sf duplex with a 2 bed, one and a half bath apartment with window air conditioning on one side that rents for $800/ month. Building 3 is a commercial building with 880sf office and 2,452sf two bay garage, body shop with A/C, and 2,000sf storage/ warehouse space. The office and used car lot is rented on a month-to-month basis for $700/ month. The garage is rented at $700/ month. The owner uses the 2,000sf storage space. The owner offers boat storage for $40/ month and trailer storage for $20/ month on the back lot. Current rents total $3,400, with plenty of upside potential. Broker has obtained information from the owner and public sources deemed to be reliable. Prospective buyers are encouraged to perform due diligence necessary for a contemplated acquisition.