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Two Commercial Assets for Sale 2 Properties Offered at $649,999 in New Port Richey, FL
Investment Highlights
- Low interest assumable sba loan
Executive Summary
Rare investment opportunity on high-traffic US Highway 19 in New Port Richey! This well-located 1,430 SF commercial building features multiple permitted uses and includes five residential units totaling 1,764 SF — all leased on solid 12-month rental agreements. The property offers excellent cash flow with an 8% cap rate, strong long-term tenants, and outstanding visibility for future retail or office possibilities. Office/retail space is currently vacant.
Property Facts
| Price | $649,999 | Number of Properties | 2 |
| Price / SF | $140.57 / SF | Individually For Sale | 0 |
| Cap Rate | 8.07% | Total Building Size | 4,624 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.24 AC |
| Status | Active |
| Price | $649,999 |
| Price / SF | $140.57 / SF |
| Cap Rate | 8.07% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,624 SF |
| Total Land Area | 1.24 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 7618 US Highway 19, New Port Richey, FL 34652 | Multifamily | 3,194 SF | 1950 | - |
| 7618 US Highway 19, New Port Richey, FL 34652 | Retail | 1,430 SF | 1950 | - |
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Two Commercial Assets for Sale
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