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About this home
7408 Commerce St is a 1972-built home in Riverview Homesites, Riverview. Listed at $2,100,000 (about $256/sqft), 0 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
You're looking at an unbelievable opportunity for the savvy investor to add a remodeled asset with great tenants to their portfolio. This property has went under a complete transformation over the past year. This property is for the next owner to reap the rewards of all the heavy lifting that has already been down. Also with no hold over tenants from years past, this commercial property will have an exception return with todays market rates. Position your next commercial opportunity for success in a prime Riverview location. This is a strategically located commercial retail plaza that's an excellent space for retailers, service businesses, and professional users. The property benefits from a convenient Riverview location with strong surrounding residential growth, established businesses, and easy access to major transportation routes. Designed to accommodate a variety of commercial uses, the plaza has an excellent variety and accessibility for customers and clients. The surrounding area continues to experience significant residential and commercial development, creating a strong environment for businesses looking to establish or expand their presence in the Riverview market. Whether you're an looking for your first deal in the area or just your next deal, Commerce Street Plaza presents an attractive opportunity in one of the Tampa Bay area's rapidly growing communities. $221,400 GROSS INCOME (2027) $9,039 PROPERTY INSURANCE (2026) $14,407.37 PROPERTY TAXES (2025) $3,400 TRASH AND SEWER (EST) REMODELED INTERIORS (2026) NEW ROOF (2026) All The Prior Tenants Have Now Vacated & In The Process Of Placing New Tenants (Already Half Occupied With New Tenants & Generating $10,000+ Monthly).
The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$2,100,000
$256 per sq ft
Size
8,192 sq ft
Time on market
1 day
Year built
1972
Monthly payment
About $13,253/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $15,008 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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