7408 COMMERCE STREET RIVERVIEW, FL - Image 17408 COMMERCE STREET RIVERVIEW, FL - Image 27408 COMMERCE STREET RIVERVIEW, FL - Image 37408 COMMERCE STREET RIVERVIEW, FL - Image 47408 COMMERCE STREET RIVERVIEW, FL - Image 57408 COMMERCE STREET RIVERVIEW, FL - Image 67408 COMMERCE STREET RIVERVIEW, FL - Image 77408 COMMERCE STREET RIVERVIEW, FL - Image 87408 COMMERCE STREET RIVERVIEW, FL - Image 97408 COMMERCE STREET RIVERVIEW, FL - Image 10

$2,100,000

0 Beds 0 Baths 8,192 SQFT 0.62 Acres
Type: Commercial

7408 COMMERCE STREET
RIVERVIEW, FL 33578

MLS#: TB8556153
Deanna Brumbaugh
Deanna Brumbaugh
The Real Estate Advantage
Realtor
Phone: 651.398.8960
Office: 952.253.5600
Presented by: SELLSTATE COASTAL REALTY with 813-940-0101. - 813-940-0101

Property 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).


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Heating Y/NYes
Total Stories1

General

Additional Parcels Y/NNo
Building Area Units0 sqft
Carport Spaces0
CityRIVERVIEW
Construction MaterialsBlock
CoolingCentral Air
CountyHillsborough
DirectionsFrom 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.
Flood Zone CodeX
Flood Zone Code XY
Garage Spaces0
Gross Income221400
HeatingCentral
Legal DescriptionRIVERVIEW HOMESITES LOT 6 AND LOT 5 LESS E 83.8 FT
Listing TermsCash, Owner May Carry
Living Area Units0 sqft
Lot Size Square Feet26,800 sqft
Lot Size UnitsSquare Feet
MLS Area33578 - Riverview
New ConstructionNo
OwnershipFee Simple
Property SubtypeRetail
Property TypeCommercial Sale
SewerSeptic Tank
Standard StatusActive
StatusActive
Subdivision NameRIVERVIEW HOMESITES
Tax Annual Amount$15,008
Tax Lot6
Tax Year2025
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1972
ZoningRDD-DT1

Exterior

Building Area Total9,139 sqft
Covered Spaces0
Foundation DetailsSlab
Lot Size Acres0.62
Lot Size Area26,800 sqft
Number of Buildings1
Road Frontage TypeCity Street
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$2,100,000

0 Beds 0 Baths 8,192 SQFT 0.62 Acres
Type: Commercial

7408 COMMERCE STREET
RIVERVIEW, FL 33578

MLS#: TB8556153
Deanna Brumbaugh
Deanna Brumbaugh
The Real Estate Advantage
Realtor
Phone: 651.398.8960
Office: 952.253.5600