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.

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

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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

Contact

Photograph of Listing Agent

Tina Marie Eloian, CCIM

Florida Commercial Group CE-FL Member
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