7923 US Highway 19
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7923 US Highway 19
1,990 SF Retail Building Port Richey, FL 34668 £395,005 (£198/SF)
Investment Highlights
- Turnkey condition
- Versatile floor plan
- A+ location with daily traffic of 62,500
- Among cluster of popular restaurants
Executive Summary
Property highlights:
· Turnkey 60-seat restaurant is available in burgeoning West Pasco County.
· Significant improvements to the facility were completed in 2019.
· The buildout exudes a warm and inviting atmosphere for customers.
· 18 parking spaces on site.
Area highlights:
· Pasco County’s longest coastline, with marinas, a cluster of restaurants, public parks and boat rentals, are all located a couple of blocks to the west of the restaurant.
· Just to the south of the restaurant is the Pithlachascotee River (also known as the Cotee), which draws boating and water enthusiasts and a variety of recreational opportunities for all ages.
· Nearby Grand Boulevard offers a Florida Keys-like feel with historic riverfront homes and public parks. Downtown New Port Richey is must-see.
· Cozy independent retailers, including yoga, hair salons, bait shops, dive bars and such, give the area an “Old-Florida” small town sincerity that has become nearly extinct in the Sunshine State.
· Turnkey 60-seat restaurant is available in burgeoning West Pasco County.
· Significant improvements to the facility were completed in 2019.
· The buildout exudes a warm and inviting atmosphere for customers.
· 18 parking spaces on site.
Area highlights:
· Pasco County’s longest coastline, with marinas, a cluster of restaurants, public parks and boat rentals, are all located a couple of blocks to the west of the restaurant.
· Just to the south of the restaurant is the Pithlachascotee River (also known as the Cotee), which draws boating and water enthusiasts and a variety of recreational opportunities for all ages.
· Nearby Grand Boulevard offers a Florida Keys-like feel with historic riverfront homes and public parks. Downtown New Port Richey is must-see.
· Cozy independent retailers, including yoga, hair salons, bait shops, dive bars and such, give the area an “Old-Florida” small town sincerity that has become nearly extinct in the Sunshine State.
Taxes & Operating Expenses (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
£4,140
|
£2.08
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£4,140
|
£2.08
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes | |
|---|---|
| Annual | £4,140 |
| Annual Per SF | £2.08 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £4,140 |
| Annual Per SF | £2.08 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,990 SF
Building Class
C
Year Built/Renovated
1956/2019
Price
£395,005
Price Per SF
£198
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Land Acres
0.35 AC
Zoning
C3 - C3/ Commercial/Light manufacturing
Parking
18 Spaces (9.05 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Corner Lot
- Restaurant
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 32-25-16-0200-00200-0010 | Total Assessment | £257,002 |
| Land Assessment | £74,194 | Annual Taxes | £4,140 (£2.08/sf) |
| Improvements Assessment | £182,808 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
32-25-16-0200-00200-0010
Land Assessment
£74,194
Improvements Assessment
£182,808
Total Assessment
£257,002
Annual Taxes
£4,140 (£2.08/sf)
Tax Year
2024
-
Dee Maret CCIM -
Kris Dumke -
Bridgewater Commercial Real Estate
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7923 US Highway 19
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