QOZ :: 25,120 SF W/H :: Commercial Redevelopment :: V.M. Ybor
Retail-Commercial
for Sale
Also listed as Office
Catylist Listing ID: |
30789571 |
Property Subtypes: |
Free-Standing Building, Mixed Use
|
Building Size (RSF): |
25,120 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
27,500 SF
|
Sale Price: |
$2,775,000 |
Unit Price: |
$110.47 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Investment |
Usable Size (USF): |
25,120 SF |
Sale Terms: |
Purchase Money Mortgage, Sale/Leaseback |
Cap Rate: |
Undisclosed |
Last Updated: |
4/25/2022 |
Overview / Comments
Highest and Best Use: Redevelopment, professional office or retail storefront :: Current use, freestanding, 25,120 SF commercial building located in Historic V.M. Ybor :: Literally a hidden gem boasting 250’ of Nebraska Avenue frontage :: Offers great access with excellent visibility :: Situated between E. Columbus Drive and E. 17th Avenue :: Prime location :: Subject consists of an extra- large building situated on a 27,500 SF lot with onsite parking :: This property may be converted to a retail storefront, an event hall or commercial office space :: QOZ and HUBZone! :: This building is currently occupied by a motivated owner/ user and is calling all investors and developers :: Although this building is considered a historical building, it can be easily re-designed by an adventurous architectural designer or developer for a multitude of commercial uses :: East Tampa is experiencing a re-vitalization and renovation growth surge and the area shows tremendous improvement with residential and commercial development happening in every direction :: Located at the signalized intersection of N. Nebraska Avenue and E. Columbus Dr. this property is minutes from Downtown Tampa, Channel District, Historic Ybor, Franklin Street District, Ybor Heights, Interstate 275, Interstate 4, Selmon Crosstown Expressway, Florida Avenue, Dr. Martin Luther King Jr. Blvd and Hillsborough Avenue as well as a short commute to Tampa International Airport, MacDill AFB and Eastern Hillsborough County :: The area is exploding with new Commercial and Residential growth and is surrounded by countless development projects and major travel arteries :: a great place to invest, relocate or expand your business.
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Additional Details
Nearest MSA: |
Tampa-St. Petersburg-Clearwater |
County: |
Hillsborough |
Tax ID/APN: |
1929074V1000003000003A |
Retail Clientele: |
General |
Zoning Description: |
YC-5 (General Commercial) This subdistrict comprises land used and designated for retail and commercial service operations primarily to serve the residents of the immediate area |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
17,681 |
137,181 |
306,606 |
Median Age: |
33.97 |
35.73 |
36.22 |
Households: |
7,189 |
56,349 |
124,300 |
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