WATERFRONT HOTEL DEVELOPMENT SITE, BAR AND GRILL MARINA COTEE RIVER

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30776062
Property Subtypes: Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 12,000 SF
Gross Land Area: 1.51 Acres
Sale Price: $4,650,000
Unit Price: $387.50 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: HOTEL MARINA SITE, THE SEASIDE INN MARINA ON COTEE RIVER
Usable Size (USF): 65,770 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage, Other
Cap Rate: Undisclosed
Last Updated: 1/7/2022

Overview / Comments

COMMERCIAL DEVELOPMENT LAND INCLUDED, WATER FRONT 1.51 AC ZONED C2 COMMERCIAL, 6 LOTS TO DEVELOP
BOAT SLIPS WITH INCOME, SEASIDE BAR RESTAURANT,SEASIDE INN HOTEL B & B,
ONCE IN A LIFETIME CHANCE TO MAKE A LEGACY. OWN THE RESTAURANT BAR, HOTEL AND COTEE RIVER FRONT BOAT SLITS OR MARINA DEVELOPMENT. LARGE PARKING AREA OR LAND FOR DEVELOPMENT. 200' WATER FRONTAGE BOAT SLIPS, IF YOU CAN DREAM IT, THE POTENTIAL ON THIS PROPERTY IS LIMITLESS. LOCATED NEXT TO HOOTERS ON THE COTEE RIVER (PITHLOCHASCOTEE RIVER) EXISTING HOTEL, BAR AND GRILL,

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Taxing Authority: PASCO COUNTY,, CITY PORT RICHEY
Tax ID/APN: 32-25-16-0260-00000-0010, 0020, AND 0080
Zoning: C2 COMMERCIAL , HOTEL, MARINA, COMMERCIAL BOAT DOCKING,
Retail Clientele: General, Family, Traveler, Tourist, Recreation, Casino
Property Located Between: US 19 PORT RICHEY
Property Visibility: Excellent
Largest Nearby Street: US 19
Feet of Frontage: 200
Highway Access: US HWY 19 PORT RICHEY CITY
Airports: TIA TAMPA
Site Description: ALL C2 COMMERCIAL ZONED, 200' WATER FRONTAGE WITH BOATING DOCKING, VACANT COMMERCIAL PARKING OR DEVELOPMENT LOTS
Area Description: COTEE RIVER WATER FRONT DISTRICT, RECREATIONAL DESTINATION AREA, CITY OF PORT RICHEY
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Zoning Description: C2 COMMERCIAL ZONED,ALLOWING MANY USES, 200' WATER FRONTAGE WITH BOATING DOCKING, VACANT COMMERCIAL PARKING OR DEVELOPMENT LOTS
Lot Frontage: 200
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,836 63,627 136,956
Median Age: 45.48 45.08 46.21
Households: 3,008 28,606 60,832
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