5147 Marine Pkwy New Port Richey, FL 34652

This commercial property, located on Marine Parkway just off of US Highway 19, offers exceptional exposure and accessibility in a thriving business corridor. Situated within the Highway Commercial Zoning District, the site can fulfill a wide range of permitted uses, including retail, professional office, medical or personal services, schools or training centers, brewery or taproom, and cannabis dispensary. The property is divided into two buildings sharing a common wall that can function as up to four separate units, featuring four restrooms and five exterior access doors. The west wing of the structure (closest to Marine Parkway) is at grade level and the north wing (furthest from Marine Parkway) is approximately a foot above grade. The flexible configuration allows you to occupy one space and lease the remaining units, or lease the entire property for maximum income potential. The property is located in close proximity to multiple ongoing and future developments that will be increasing an already very high traffic flow as well as local demand. Across US 19 from the property 96 new luxury condo units are being constructed with plans for a 92 Unit High Rise Hotel. Right down Marine Parkway just east will be a planned rental community bringing 473 units consisting of single family townhomes and apartment buildings. There are multiple housing projects being built or planned within minutes and integrating with the developing New Port Richey Downtown area.