2 Parcel Portfolio, .83 acres- S. MacDill Ave.

Retail-Commercial for Sale
Catylist Listing ID: 30805493
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 6,836 SF
Gross Building Area: See Agent
Gross Land Area: 36,000 SF
Sale Price: $2,495,000
Unit Price: $364.98 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Elmer's, S. MacDill
Sale Terms: Cash to Seller, Purchase Money Mortgage, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 8/3/2022

Overview / Comments

Florida Commercial Group is pleased to exclusively list a Commercial portfolio on S. MacDill Avenue for sale. This portfolio offers corner access to include 2 commercial buildings on a large 36,000 SF corner lot. The portfolio also boasts 300 feet of collective linear frontage along MacDill Avenue. Individually, the parcels measure 12,000 SF at the corner of Ballast Point Blvd. and 24,000 SF on the adjoining MacDill Avenue lot. The two onsite freestanding buildings total 2,836 GSF and 4,000 GSF, respectively and are currently fully operational. A premier South Tampa location, an investor/ developer may keep the site as turn-key or clear the properties and redevelop them as residential condos or as a mixed-use, multi-family/ retail development. Although the highest and best use for this property would be a future redevelopment site, this could also be a great owner/ user opportunity to renovate the properties and operate them as the “newest happening shopping/ restaurant/ lounge” in South Tampa or continue running the bar and the retail storefront as it is. Elmer’s Sports Café and the adjoining freestanding retail building offers an investor a tremendous opportunity to add two well established and incredibly located properties that includes real-estate, businesses, FF&E, long-standing reputations and demonstrated good will to their investment profiles. Both properties have strong sales and operational history as well as busy traffic counts, great visibility, robust demographics and easy access- Call Broker for financials. This Gem of an Investment portfolio will not last long on the market. Some seller financing is available. Call Today to Schedule a Showing and BRING OFFERS!

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 1830103Z9000001000290A
Zoning: CG
Retail Clientele: General, Family, Business, Tourist, Recreation
Property Visibility: Excellent
Feet of Frontage: 300
Site Description: *** Upon receipt of an NDA, all pertinent financial information will be available for your review. If you’re an entrepreneur looking to grow equity in the metropolitan Tampa Bay area, inquire today for additional property details and a scheduled showing.
Area Description: Located in a high density, high traffic corridor, this South Tampa site sits a half mile South of the Gandy/ MacDill Intersection and is within immediate proximity of countless retail tenants, newly renovated and constructed condos and bustling residential neighborhoods. Tampa International Airport is a quick 10-mile commute away and Downtown Tampa sits just 7 miles from this site making it convenient enough to serve your customers’ or tenants’ needs. The Elmer’s Sports Café, a Bar/ Restaurant has been in Tampa for over 25 years and the seller is presenting an opportunity to step into 2 properties at once offering a long-standing business with real estate that is owner and tenant occupied, turn-key and ready for new ownership. Since 2017, Tampa, St. Petersburg, and Clearwater; also known as the greater Tampa Bay Area has repeatedly ranked as one of the top 10 real estate markets in America. This rapidly expanding market is now a major hot spot for commercial and residential real estate investors.
Total Number of Buildings: 2
Property Condition: Good
Lot Frontage: 300
Lot Depth: 120
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,019 72,114 128,367
Median Age: 41.39 40.46 37.93
Households: 6,593 33,192 58,022

Contact

Photograph of Listing Agent

Tina Marie Eloian, CCIM

Florida Commercial Group CE-FL Member
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