7408 Commerce StreetRiverview, FL 33578

Description

You're looking at an unbelievable opportunity for the savvy investor to add a remodeled asset with great tenants to their portfolio. This property has went under a complete transformation over the past year. This property is for the next owner to reap the rewards of all the heavy lifting that has already been down. Also with no hold over tenants from years past, this commercial property will have an exception return with todays market rates. Position your next commercial opportunity for success in a prime Riverview location. This is a strategically located commercial retail plaza that's an excellent space for retailers, service businesses, and professional users. The property benefits from a convenient Riverview location with strong surrounding residential growth, established businesses, and easy access to major transportation routes. Designed to accommodate a variety of commercial uses, the plaza has an excellent variety and accessibility for customers and clients. The surrounding area continues to experience significant residential and commercial development, creating a strong environment for businesses looking to establish or expand their presence in the Riverview market. Whether you're an looking for your first deal in the area or just your next deal, Commerce Street Plaza presents an attractive opportunity in one of the Tampa Bay area's rapidly growing communities. $221,400 GROSS INCOME (2027) $9,039 PROPERTY INSURANCE (2026) $14,407.37 PROPERTY TAXES (2025) $3,400 TRASH AND SEWER (EST) REMODELED INTERIORS (2026) NEW ROOF (2026) All The Prior Tenants Have Now Vacated & In The Process Of Placing New Tenants (Already Half Occupied With New Tenants & Generating $10,000+ Monthly).

Property Information

Property type

Commercial Sale

Sub-type

Retail

Year built

1972

Stories

1

Living area

8,192 Sq Ft

Lot size

0.62 acres

Ownership

Fee Simple

Zoning

RDD-DT1

Days on market

21

MLS^® Listing#

TB8556153

Property Features

Cooling

Central Air

Heating

Central

Construction

Block

Foundation

Slab

Sewer

Septic Tank

Water source

Public

Financial Details

Annual taxes

$15,008Tax year 2025

Parcel number

U-17-30-20-2RP-000000-00006.0

Directions

From I-75, take Exit 250 toward Riverview and head east on Gibsonton Drive. Turn onto US-301 S, then continue toward Commerce St. Turn onto Commerce St and proceed to 7408 Commerce St. Property will be located on the right.