For Sale
$1,495,000

4035 Madison StNew Port Richey, FL 34652

11,748 SF Retail Building, 2.93 Acres

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 11,748 square foot retail property, situated on a substantial 2.93-acre lot in New Port Richey, Florida, presents a compelling redevelopment or repurposing opportunity. Located at 4035 Madison St, 34652, this single-story, 1978-built building is zoned C2 and offers significant potential for investors and entrepreneurs. The property boasts a large parking lot and enjoys a highly visible location on Madison Street, just north of the SR 54/Madison Street intersection, directly across from Wells Fargo and adjacent to RaceTrac. The building itself requires complete renovation, but its substantial size (over 11,000 square feet) allows for a wide range of uses. The property benefits from its proximity to downtown New Port Richey, an area experiencing ongoing residential revitalization and the growth of numerous restaurants and shops. This strategic location, coupled with the ample space and high visibility, makes this a truly unique investment prospect. The asking price is $1,495,000, translating to $127.26 per square foot. The property's APN is 16-26-17-000.0-029.00-002.0. Showings of the interior will be arranged upon execution of a Letter of Intent.

Highlights

  • $1,495,000 asking price for this 11,748 SF retail property.
  • Located on a 2.93-acre lot in New Port Richey, FL.
  • Features a single-story, 11,748 SF building built in 1978.
  • Boasts a prominent location on Madison Street, near SR 54, with high visibility across from Wells Fargo and next to RaceTrac.
  • Zoned C2, offering redevelopment or repurposing potential.

Property Details for 4035 Madison St

Property type
Retail properties
Square Feet
11,748 SF
Year Built
1978
Buildings
1
Stories
1
Lot Size (sq. ft)
127,631 SF

Location Insight

City
New Port Richey
County
Pasco
State
Florida
Latitude
28.2180381
Longitude
-82.7158861
4035 Madison St, New Port Richey, Florida

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4035 Madison St
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