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Prime Courthouse District Office Building 37951 Meridian Ave 2,208 SF 100% Leased Office Building Dade City, FL 33525 $2,239,050 CAD ($1,014.06 CAD/SF) 10% Cap Rate
Investment Highlights
- Prime courthouse district location, Walking distance to the Pasco County Courthouse, Located in historic downtown Dade City.
- Solid construction: brick, concrete, and steel structure, Steel structural ceilings for long-term durability.
- Strong pedestrian and daytime business traffic.
- Ideal for attorneys, doctors, title companies, and professional office users, mixed uses, etc...
- Surrounded by restaurants, retail, and professional offices.
- Easy access to US-301 and SR-52, Located within the rapidly growing Pasco County market.
Executive Summary
Prime Downtown Dade City Commercial Property | Courthouse Location | Exceptional Construction & Flexible Use. The building is currently at 0% Occupancy rate!
Rare opportunity to acquire a well-constructed commercial building at 37951 Meridian Avenue in historic Dade City, just steps from the highly trafficked Pasco County Courthouse. Built with brick, concrete, and steel throughout, including steel structural ceilings, the property offers superior durability and long-term structural integrity, making it an ideal investment for owner-users or long-term holders. The building features three full stories, each comprising a complete suite, with the potential to convert the 4th level into usable space simply by adding stairs and air conditioning.
Situated in the heart of the downtown courthouse district, this property enjoys high visibility, pedestrian traffic, and strong daytime activity, surrounded by restaurants, boutique retail, professional offices, and municipal services. Courthouse district properties in downtown Dade City rarely become available, making this a unique opportunity for buyers seeking a prestigious location.
The building’s flexible layout accommodates a wide variety of uses, including attorneys, doctors, medical clinics, dental offices, laboratories, title companies, accounting firms, insurance agencies, financial planners, real estate offices, co-working spaces, specialty retail, cafés, wellness studios, tutoring centers, event or meeting spaces, nonprofit headquarters, or small-scale research and innovation hubs. It may also be converted into multiple professional office suites, offering additional income potential or adaptability for investors and owner-users alike.
With its prime courthouse location, historic downtown positioning, and exceptional construction quality, this property represents a truly one-of-a-kind opportunity for investors or businesses seeking a prestigious and durable commercial space in one of Pasco County’s most recognized and growing districts. Convenient access to US-301 and SR-52 connects the property to the greater Tampa Bay region, further enhancing its appeal as a central business hub.
To schedule your tour or for more information call the listing agent at 801-918-7745.
Buyer to verify all information.
Rare opportunity to acquire a well-constructed commercial building at 37951 Meridian Avenue in historic Dade City, just steps from the highly trafficked Pasco County Courthouse. Built with brick, concrete, and steel throughout, including steel structural ceilings, the property offers superior durability and long-term structural integrity, making it an ideal investment for owner-users or long-term holders. The building features three full stories, each comprising a complete suite, with the potential to convert the 4th level into usable space simply by adding stairs and air conditioning.
Situated in the heart of the downtown courthouse district, this property enjoys high visibility, pedestrian traffic, and strong daytime activity, surrounded by restaurants, boutique retail, professional offices, and municipal services. Courthouse district properties in downtown Dade City rarely become available, making this a unique opportunity for buyers seeking a prestigious location.
The building’s flexible layout accommodates a wide variety of uses, including attorneys, doctors, medical clinics, dental offices, laboratories, title companies, accounting firms, insurance agencies, financial planners, real estate offices, co-working spaces, specialty retail, cafés, wellness studios, tutoring centers, event or meeting spaces, nonprofit headquarters, or small-scale research and innovation hubs. It may also be converted into multiple professional office suites, offering additional income potential or adaptability for investors and owner-users alike.
With its prime courthouse location, historic downtown positioning, and exceptional construction quality, this property represents a truly one-of-a-kind opportunity for investors or businesses seeking a prestigious and durable commercial space in one of Pasco County’s most recognized and growing districts. Convenient access to US-301 and SR-52 connects the property to the greater Tampa Bay region, further enhancing its appeal as a central business hub.
To schedule your tour or for more information call the listing agent at 801-918-7745.
Buyer to verify all information.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
2,208 SF
Building Class
C
Year Built
1920
Price
$2,239,050 CAD
Price Per SF
$1,014.06 CAD
Cap Rate
10%
NOI
$223,905 CAD
Percent Leased
100%
Building Height
4 Stories
Typical Floor Size
552 SF
Building FAR
0.68
Lot Size
0.07 AC
Zoning
CBD - Commercial Building District
Amenities
- Banking
- Bio-Tech/ Lab Space
- Courtyard
- Security System
- Storage Space
- Air Conditioning
- Smoke Detector
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Walk Score®
Very Walkable (76)
Property Taxes
| Parcel Number | 27-24-21-0590-00300-0030 | Improvements Assessment | $311,761 CAD |
| Land Assessment | $65,018 CAD | Total Assessment | $376,779 CAD |
Property Taxes
Parcel Number
27-24-21-0590-00300-0030
Land Assessment
$65,018 CAD
Improvements Assessment
$311,761 CAD
Total Assessment
$376,779 CAD
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Prime Courthouse District Office Building | 37951 Meridian Ave
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