Wade M. Berlin

This income producing 13 unit mixed use business plaza in Citrus County, Florida, part of the Tampa St. Petersburg MSA, offers a prime investment opportunity. Situated on 1.35 acres of General Commercial zoned land, the 24,168 SF property consists of four freestanding CBS buildings with 100+ feet of highway frontage along US Hwy 19/S Suncoast Blvd (17,988 AADT). Built in 1980 and upgraded in 2020, improvements include a partial rebuild of three retail showrooms, a full interior remodel of owner occupied units, and new roofs across all buildings. The plaza features 13 existing units with potential for 16 total, including three owner occupied units and 10 service/shop bays at 77% occupancy. Units range from 1,500 to 3,000 SF, each equipped with 10x10 roll up doors, access to single and three phase power, and 15 foot free span ceilings. Below market rents and month to month leases provide immediate value add potential through strategic rent adjustments and lease stabilization. Strategically positioned along the recently expanded eight lane US Hwy 19, the property benefits from proximity to the $135M Suncoast Parkway expansion, ensuring quick access to Tampa International Airport and metro areas within an hour. Nearby national retailers, including Walmart Supercenter, drive strong commercial demand. Disclaimer: All information provided herein is for marketing purposes only and is not guaranteed for accuracy. Prospective buyers or tenants are encouraged to conduct their own independent due diligence. The seller, broker, and associated parties make no representations or warranties, expressed or implied, as to the accuracy or completeness of this information. All dimensions, zoning details, financial data, and other property related facts should be independently verified. Please consult with appropriate licensed professionals before making any investment or purchasing decisions.