Prime Waterfront 6040 Sq Ft Building on 1.75 acres MOL

Asking Price$2,050,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.6040

Price per Sq. Ft.$339.00

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Prime Waterfront 6040 Sq Ft Building on 1.75 acres MOL


Asking Price$2,050,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.6040

Price per Sq. Ft.$339.00


Seller Financing Available
Property Description
Office, Restaurant, Bays, Storage, and High Expansion Potential
PRIME WATERFRONT COMMERCIAL PROPERTY FOR SALE

Exceptional 6,040 square foot commercial building situated on 1.75 acres of prime waterfront real estate in Hernando Beach, Florida. This versatile property offers unobstructed Gulf of America views with Gulf access, making it an outstanding investment opportunity.

PROPERTY HIGHLIGHTS:
• 6,040 sq ft multi-use building constructed in 1986
• 1.75 acres of waterfront land with Gulf access
• Prime location on main road with high visibility and consistent daily traffic
• Unobstructed Gulf of Mexico views
• Strong appeal to locals, tourists, and boaters year-round
• Minutes from US-19 with easy access to Spring Hill, Weeki Wachee, and Tampa Bay

CURRENT CONFIGURATION:
• Office space, warehouse areas & restaurant
• Upper-level living quarters
• Fenced, camera-monitored RV and boat storage generating income
• Tenant space currently leased for golf cart sales and rentals
• Previously operated as waterfront restaurant with 4 upstairs office suites

FINANCIAL OVERVIEW:
• Asking Price: $2,050,000 ($339 per square foot)
• Low annual operating expenses: $24,290 (2024)
• Current cash flow from storage and tenant operations
• Multiple financing options available including owner financing

STRATEGIC LOCATION:
Surrounded by marinas, residential areas, and local attractions ensuring consistent foot traffic throughout the year. The property's waterfront position and Gulf access create exceptional value for marine-related businesses.

DEVELOPMENT POTENTIAL:
Ideal for various commercial applications including:
• Mixed-use development
• Waterfront restaurant
• Boutique inn or hotel
• Marina operations
• Office complex
• Multiple tenant configuration

FINANCING OPTIONS:
• Cash purchases accepted
• Conventional financing available
• 1031 Exchange eligible
• Owner financing terms negotiable

This turnkey property combines immediate income potential with significant expansion opportunities. The seller is retiring, creating an opportunity to acquire a premier waterfront commercial asset in one of Florida's most desirable coastal markets.

The combination of established income streams, prime waterfront location, Gulf access, and development flexibility makes this an exceptional commercial real estate investment.
About the Property
Type
Warehouse
Building Status
Established
Facilities & Assets
Exceptional investment opportunity: five lots totaling 1.75 acres MOL with a 6,040 sq. ft. commercial building. The property features a boat ramp, abundant storage, and ample space for outdoor seating or expansion. Zoned C1/C2 with two garage bays, it offers versatile use for retail, dining, or mixed-use development. With prime location, high visibility, and flexible layout, this asset has strong income potential and significant upside for growth, making it an ideal addition to any investor’s portfolio. Three Year Pro-forma is available
Location Description
Prime waterfront location in Hernando Beach, FL, on the main road with high visibility and daily traffic. The property offers unobstructed Gulf of America views, Gulf access, and strong appeal to locals, tourists, and boaters. Surrounded by marinas, residential areas, and attractions, it delivers consistent traffic year-round. Minutes from US-19 with access to Spring Hill, Weeki Wachee, and Tampa Bay. Ideal investment for mixed use, restaurant, boutique inn, marina, or office complex
Current and Prior Use
Versatile commercial property with office space, warehouse, and upper-level living quarters. Generates income from fenced, camera-monitored RV and boat storage and a tenant leasing space for golf cart sales/rentals. Previously a waterfront restaurant and upstairs 4 office suites, each with its own address. Prime for multiple tenants, boutique inn, marina, or office complex. Current cash flow and expansion potential make this an excellent investment
Year Built
1986
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
Cash, Conventional, 1031 Exchange, Owner Financing
Current Property Expenses
Operating Expenses (2024):This business offers low, predictable overhead with total annual expenses of $24,290. Costs include Electric – $3,701, Water – $1,055, Cable/Internet – $3,466, Insurance – $5,684, and Property Taxes (covering all lots and the building) – $10,384.
Listing Info
ID:
2433450
Listing Views:
Attached DocumentsAttachment Disclaimer

all_floors_4007_shoal_line_boulevard_hernando_beach_without_dim.pdf

2nd_floor_4007_shoal_line_boulevard_hernando_beach_without_dim.pdf

1st_floor_4007_shoal_line_boulevard_hernando_beach_without_dim.pdf

Business Location

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Property Listed by: Tom Dishman

Listing ID: 2433450 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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