For Sale
$2,100,000

123 Newport DrTrinity, FL 34655

Restaurant/Medical Office, 5,500 SF

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 5,500 square foot commercial property in Trinity, Florida, presents a unique owner-user opportunity. Located in New Port Richey at 123 New Port Richey, zip code 34655, this turn-key restaurant space boasts a high-profile location with approximately 44,000 vehicles passing daily. The building, constructed in 2007 and featuring a new roof (2021), offers ample seating for 275 (175 inside, 100 outside patio) and over 80 parking spaces. Its C-1 zoning allows for diverse uses, including medical offices, restaurants, retail, and more. The property benefits from strong retail synergy, surrounded by national brands like Walmart, Target, and Publix. Priced at $2,100,000 ($381.82/sq ft), this fee-simple offering presents a compelling value-add opportunity for investors seeking long-term appreciation or owner-users looking for a prime location to establish or expand their business. The property's high visibility and convenient location make it an ideal investment for a variety of commercial ventures.

Highlights

  • $2,100,000 asking price for a 5,500 SF office/retail building in New Port Richey, FL.
  • Fee simple ownership of a 2007-built property with C-1 zoning.
  • 5,500 square feet of net rentable space, priced at $381.82 per square foot.
  • Turn-key restaurant opportunity with 175 interior and 100 exterior seats, plus 80+ parking spaces.
  • Ideal owner-user opportunity or value-add investment with strong retail synergy near national tenants (Walmart, Target, Publix, etc.).
  • New roof installed in 2021.

Property Details for 123 Newport Dr

Property type
Retail properties, Restaurants
Square Feet
5,500 SF
Year Built
2007

Location Insight

City
Trinity
County
Pasco
State
Florida
Latitude
28.185653
Longitude
-82.6807458
123 Newport Dr, Trinity, Florida

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123 Newport Dr
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