Prime Two Floor Bank Building 9037 US Highway 19

This Class B Income Producing Multi-Story Office Complex in the West Pasco "Million Dollar Mile" on US Highway 19 in Port Richey, Florida, presents a prime investment opportunity. Built in 1981 and renovated, the property comprises 10,790 SF divided into 3 units within a two-story former bank building.
The first floor includes a former bank with 1,730 SF, complete with a vault, teller line, and a 4-lane drive-thru. Additionally, H&R Block occupies 2,908 SF on the first floor. The second floor offers 6,152 SF of turnkey office space, featuring 10 private offices, 3 conference rooms, and a break room—all fully wired with high-speed internet and communications, accessible by an elevator and handicap accessible.
Situated on a highly visible 1.59-acre double corner lot zoned C2 Commercial, the property boasts 39 parking spaces, a powered pylon sign, and 151' of highway frontage on US Hwy 19 with a 60,000 AADT (Average Annual Daily Traffic). Access is facilitated by a full median break right in/right out via north and south on US Hwy 19 and accessible from all sides of the road.
The strategic location is central, surrounded by national retailers such as Publix Supermarket, Starbucks, Walgreens, Walmart, and various branded Quick Service Restaurants (pending municipal approval). Within a 15-minute drive time, the property caters to a population of 193,892 with 78,656 households, a median age of 48 years, and a median household income of $64,256. Consumer expenditures in the area include significant amounts in healthcare, food at home, food away from home, and entertainment and recreation.
The property is located in Port Richey, Pasco County, Florida, within the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area (MSA)—the 18th Largest MSA in the United States. Pasco County's population is growing at 2.17% and is expected to increase significantly in the coming years, making this an enticing investment opportunity in one of the hottest real estate markets in the country.
Logistic Details:
-U.S. Route 19 (US-19) runs 264 miles (425 km) along Florida's West Coast from an interchange with U.S. Route 41 in Memphis, Florida, south of Tampa, and continues to the Georgia border north of Monticello, Florida. Connecting Pasco County to
-State Road 50 (SR 50) runs across the center of the U.S. state of Florida through Orlando, with its termini at SR 55 (US 19) at Weeki Wachee and SR 5 (U.S. Route 1) in Titusville.Hillsborough County and major cross connecting feeder routes such as SR 54, SR 50, SR 52 and the newly extended 589 Toll Road/Suncoast Parkway. SR 50 is signed east–west. Within various counties throughout the state, the highway is signed with various names such as Cortez Boulevard in Hernando County and Colonial Drive in Orange County.
-State Road 52 (SR 52) is the major east–west road through northern Pasco County, Florida. The road begins in Bayonet Point at US 19 (SR 55), passes south of San Antonio and St. Leo, and terminates on the south side of Dade City at US 98 and US 301. SR 52 exists primarily as a six-lane commercial strip between US 19 and Moon Lake Road.
-State Road 54 (SR 54) is located in the Tampa Bay Area, north of Tampa itself, and runs from US 19 in Elfers in the west to US 301 in Zephyrhills, in the east. In between it passes through Wesley Chapel, Land o' Lakes, and Elfers. SR 54 is a six-lane divided highway from its western terminus at US 19. In between County Roads 77 and 1 in Seven Springs, the road moves southeast along the Mitchell Bypass, which crosses over the Anclote River the moment it moves away from Old CR 54.
Suncoast Parkway:
State Road 589 (SR 589), also known as the Veterans Expressway and Suncoast Parkway, is a north–south toll road near the Florida Gulf Coast.[3][4] Maintained and operated by Florida's Turnpike Enterprise, this 68-mile (109 km) transportation corridor extends from State Road 60 in Tampa, north to State Road 44 near Lecanto. The Veterans Expressway was built to accommodate the increasing commuter traffic in the Tampa-St. Petersburg metropolitan area, with the Suncoast Parkway opening in 2001, extending from near the northern terminus of the Veterans Expressway to U.S. Route 98, with a possible northern extension to U.S. Route 19/U.S. Route 98 in Crystal River in Citrus County in the planning and development stages. As of February 28, 2022, Phase I of the extension is now open between US 98 and Florida State Road 44.[6] Phase II, which would further extend the highway to County Road 486, is undergoing the design phase.
Major Pasco County Communities:
-Abbott Park- by Metro Places
-Avalon Park West - Downtown Wesley Chapel
-Epperson Lagoon Living by Metro Places
-Lake Jovita Golf & Country Club
-Mirada Lagoon by Metro Places
-The Ridge at Wiregrass Ranch
-Union Park -Wesley Chapel
-Watergrass -Wesley Chapel
Community Development:
-New housing projects or subdivisions catering to various income levels. Mixed-use developments combine residential, commercial, and recreational spaces.
-Shopping centers, malls, and business districts. Office complexes and corporate parks.
-Road expansions, new bridges, and transportation improvements. Public transportation projects and improvements.
-Construction or expansion of schools, colleges, and educational institutions.
-Conservation projects, tree planting initiatives, and efforts to protect natural habitats.
-Development of spaces to foster technology, innovation, and entrepreneurship.
-Museums, theaters, and cultural centers contribute to the art scene.
-Construction or expansion of schools, colleges, and educational institutions.
-New hospitals, clinics, and healthcare centers.