6219 Massachusetts Ave 5,556 SF 63% Leased Retail Building New Port Richey, FL 34653 $1,528,890 CAD ($275.18 CAD/SF) 8.29% Cap Rate

Completely Renovated Value-Add Strip Center | Owner-User + Investment Opportunity
Positioned along Massachusetts Avenue in the heart of New Port Richey, this fully renovated ±5558 SF neighborhood strip center offers a rare combination of stabilized income and immediate upside through lease-up or owner occupancy.
The property has undergone a comprehensive capital improvement program in 2026, including a new roof, new A/C systems, updated electrical, fresh stucco and paint, upgraded storefronts, and a resurfaced parking lot—delivering a true turnkey asset with minimal near-term capital expenditure requirements.
Currently 60% occupied, the property generates in-place income while providing a clear path to increased NOI through leasing the remaining vacancy at market rents. This makes it an ideal opportunity for an investor seeking yield with upside, or an owner-user looking to occupy space while offsetting occupancy costs with existing tenant income.
Zoned C2, the asset supports a wide range of retail and service-oriented uses, catering to the surrounding residential density and steady local traffic patterns. Suite sizes and layout flexibility allow for diverse tenancy—from service retail and medical to boutique office or showroom users.