7408 COMMERCE ST, Riverview, FL 33578
7408 COMMERCE ST, Riverview, FL 33578
7408 COMMERCE ST, Riverview, FL 33578
7408 COMMERCE ST, Riverview, FL 33578
7408 COMMERCE ST, Riverview, FL 33578
7408 COMMERCE ST, Riverview, FL 33578
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$ 2,100,000
Est. payment | /mo

8,192 SqFt


$ 2,100,000
Est. payment | /mo

8,192 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 8,192 sqft

Price per Sqft $256

Subdivision Riverview Homesites

MLS Listing ID TB8556153

HOA Y/N No

Year Built 1972

Annual Tax Amount $15,007

Lot Size 0.620 Acres

Acres 0.62

Property Sub-Type Retail

Source Stellar MLS

Property Description

You're looking at an unbelievable opportunity for the savvy investor to add a remodeled asset with great tenants to their portfolio. This property has went under a complete transformation over the past year. This property is for the next owner to reap the rewards of all the heavy lifting that has already been down. Also with no hold over tenants from years past, this commercial property will have an exception return with todays market rates. Position your next commercial opportunity for success in a prime Riverview location. This is a strategically located commercial retail plaza that's an excellent space for retailers, service businesses, and professional users. The property benefits from a convenient Riverview location with strong surrounding residential growth, established businesses, and easy access to major transportation routes. Designed to accommodate a variety of commercial uses, the plaza has an excellent variety and accessibility for customers and clients. The surrounding area continues to experience significant residential and commercial development, creating a strong environment for businesses looking to establish or expand their presence in the Riverview market. Whether you're an looking for your first deal in the area or just your next deal, Commerce Street Plaza presents an attractive opportunity in one of the Tampa Bay area's rapidly growing communities. $221,400 GROSS INCOME (2027) $9,039 PROPERTY INSURANCE (2026) $14,407.37 PROPERTY TAXES (2025) $3,400 TRASH AND SEWER (EST) REMODELED INTERIORS (2026) NEW ROOF (2026) All The Prior Tenants Have Now Vacated & In The Process Of Placing New Tenants (Already Half Occupied With New Tenants & Generating $10,000+ Monthly).

Location

State FL

County Hillsborough

Community Riverview Homesites

Area 33578 - Riverview

Zoning RDD-DT1

Interior

Heating Central

Cooling Central Air

Exterior

View Y/N No

Water Access No

Building

Story 1

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Septic Tank

Water Public

Structure Type Block

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing, Owner Financing

Listing Terms Cash, Commercial Financing, Owner Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8556153

Stellar MLS
Listed by Taylor Cresswell SELLSTATE COASTAL REALTY

Schools and Properties Nearby

Serene Klomp

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7408 COMMERCE ST