100% Occupied :: Turn Key :: Multi-Tenant Investment

Retail-Commercial for Sale
Catylist Listing ID: 30466118
Property Subtypes: Mixed Use, Restaurant, Other
Building Size (RSF): 12,644 SF
Gross Land Area: 6,792 SF
Sale Price: See Agent
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: Iconic Arturo Fuente Building
Usable Size (USF): 11,779 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 7/30/2019

Overview / Comments

Florida Commercial Group is pleased to exclusively list a Multi- Tenant, Restaurant & Lounge/ Retail/ Commercial Property located in bustling Ybor City. The Building boasts attractive historic features to include brick and masonry construction, exceptional well-known façade (King Corona Cigars), extra-wide walkways, abundant lighting, an open- air patio and is well maintained with frontage on the main drag. The subject property is 100 % occupied by tenants whom some have been in the same location for over 20 years and are well known throughout the community. The 12,644 SF building is located at 1521- 1527 E. 7th Avenue and is within proximity to Countless Retail Tenants, Educational Institutions, and Newly Renovated and Constructed Condos and Residential Neighborhoods.
First floor occupants include, a fifth generation Cigar Tenant, running a well- established Restaurant & Lounge and a five year plus- tattoo tenant. The 2nd floor features 16 varying loft units that are leased to local artists for production of their creative work. Located directly on 7th Avenue, you'll be Close to everything East Tampa has to Offer, while being Situated only one- mile South of Interstate 4 and minutes from Channelside and Downtown Tampa. This Gem of an Investment will Not Last Long on the Market. Call Today to Schedule a Showing and BRING OFFERS!

Attachments & Media

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 19291850N000046000020A
Zoning: YC-1
Retail Clientele: General, Traveler, Tourist, Recreation
Property Located Between: 7th Avenue and 16th Street
Property Visibility: Excellent
Largest Nearby Street: Adamo Drive/ Hwy 60
Feet of Frontage: 71
Traffic/Vehicle Count: 33,033
Highway Access: Interstate 4 and Interstate 275
Airports: Tampa International Airport
Site Description: PROPERTY FEATURES - 2- Story Multi- Use Bldg. (Retail/ Office/ Artist Lofts) - Restaurant/ Lounge interior Seating Capacity up to 150 people - Open Air Patio Seating for Patrons - Walking Distance to the New Aparium Hotel being constructed just one block West - Adjacent to 7-Eleven, The Ritz Ybor, Ybor Chop House and the Ybor City Wine Bar just to name a few - Near Hotels, Entertainment and Shopping
Area Description: Offering for Sale the Iconic Arturo Fuente Building. This Subject Houses the renowned King Corona Cigar Company and longstanding Ink Spot Tattoo Parlor. Located directly on high traffic 7th Avenue in the busy Retail District of Ybor City, this property not only offers great visibility, it also offers phenomenal signage as well and benefits from over 7,258 VTD- these great features warrant that the current tenants will continue to thrive in years to come. Current NOI available upon request. Also, the subject is 1 mile to Interstate 4 which serves over 178,556 VTD and is easily accessible to I-275. Tampa International Airport is a quick 8- mile commute away and Downtown Tampa sits just 2 miles from this property making it Central enough to Serve your Tenants’ Customers’ needs. Ybor City is a High-Energy Business & Retail District that is frequented by Local & Regional Visitors. It is also a Great place to Invest, Relocate or expand your business. Call Today for a Property Brochure!!!
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 6,322 SF
Property Condition: Excellent
Year Built: 1952
Roof Type: Flat
Construction/Siding: Block, Brick, Concrete
Parking Type: Surface, Other
Parking Description: Some Storefront Street Parking and additional Garage parking on 6th Avenue and 16th Street
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL, Satellite
Zoning Description: YC-1 central commercial core. This sub district comprises the cultural, social, shopping and service heart of the Ybor City Historic District. The regulations are intended to preserve and enhance its touristic, cultural and economic functions by preserving its rich mixture of land uses, relatively modest intensity of development, low-rise structures and distinctive architecture.
Lot Frontage: 71
Lot Depth: 95
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,862 112,582 290,739
Median Age: 35.47 35.01 36.21
Households: 7,118 45,706 117,289

Contact

Photograph of Listing Agent

Tina Marie Eloian, CCIM

Florida Commercial Group CE-FL Member
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