3527 Tamiami Trail Unit E, Port Charlotte, FL 33952

$2,100,000
9,756
SqFt

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List Price
$2,100,000
Status
ACTIVE
MLS#
C7520821
Price Change
▼ $787,500 1780973850
Living Area
9,756
Subdivision
Port Charlotte Sec 003

Property Description

PRICE REDUCTION! MOTIVATED SELLER! Rare opportunity to acquire this free-standing multi-tenant building prominently located on Tamiami Trail in Port Charlotte with ample parking! The property features five units totaling 10,881 square feet with 9,756 rentable square feet. A standout feature is the impressive 190 feet of canal waterfront with direct harbor access. The location benefits from exceptional visibility with an Annual Average Daily Traffic Count (AADT) of 45,500. Recent improvements include a roof replacement completed in December 2022. Owner financing is available with a 6% interest rate! Unit A tenant currently pays $1,500 per month. Lease ends February 28, 2028. Unit B tenant currently pays $1,940 base + $300 CAM for a total of $2,240 per month. Lease ends December 31, 2027. Unit C tenant currently pays $2,767.25 base + $468.75 CAM for a total of $3,236 per month. Lease ends December 31, 2026. Unit E tenant currently pays $3,063.50 base + $487.50 CAM for a total of $3,551 per month. Lease ends February 28, 2029. Unit D is currently vacant.

Additional Information

Year Built
1979
Construction
Stucco
Living Area
9,756
Acres
0.49
Cooling
Central Air
Waterfront
Yes
Waterfront Description
Canal Front
Water
Boatable Water, Bay Front
Stories
1

Listing courtesy of COLDWELL BANKER REALTY.

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