The Subject property is currently a owner occupied medical and professional condo office complex completed in 1974, consisting of one three story concrete block building with gross area of 18,384 square feet and net leasing area of 14,174 square feet, with two elevators and eight (8) office suites with sizes ranging from 509 to 3,538 square feet, situated on approximately 0.82 acres. The proposed strategy for the sale of this property will be to market subject as an investment assets which can be easily repurposed from owner/occupant model to long term leases for income model, as a professional office building/mix use.

Location Description:

Contained herein is a diverse group of commercial office buildings for medical, legal, banks, accountant, engineer, small business startup or retail, uniquely located in established neighborhoods, where the surrounding land uses include wooded areas, brush-covered areas, marsh areas, garden styles apartment buildings, duplex style apartments, established single-family homes subdivisions, scattered single-family housing, convenience stores, churches, childcare centers, employment centers, educational facilities and fast food restaurants. Visibility and access to each of these properties are considered good. These properties are all positioned on some of Pasco County's major transportation and commercial corridors, known for high traffic counts.

Highlights:

>> for sale the Main Street Professional Center, a 1970's vintage, free standing 18,384 sqft office condo building located off US Hwy 19, with 150ft of frontage along the northern size of tree lined Main Street and 225ft on Bridge Street on its northern boundary in the City of New Port Richey, FL. The Subject property presents investors with the opportunity to acquire a conveniently located asset with easy access, excellent visibility and tremendous upside potential that is being sold free and clear of existing debt, allowing purchasers to take advantage of extremely attractive long term financing options. The Subject property is currently a owner occupied medical and professional condo office complex completed in 1974, consisting of one three story concrete block building with gross area of 18,384sqft and net leasing area of 14,174 sqft, with 2 elevator and 8 office suites with sizes ranging from 509 to 3,538sqft, situated on approximately 0.82 acres, easily accessible along busy Main Street with excellent visibility and signage. The property has 65 marked off parking spaces, with selected covered parking spots and nearby supplemental parking. All utilities are available to the site with sewer and water supplied by the City of New Port Richey, with separate metered electric. All existing suites have their own separate entrance, air-condition and have internal restrooms, and most can be reconfigured easily to accommodate new or growing tenants.

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