Catylist ID:
#30737942
2 Bar Portfolio Sale | Prime Tampa Locations
Retail-Commercial
for Sale
| Catylist Listing ID: | 30737942 |
| Property Subtypes: | Free-Standing Building, Restaurant, Retail-Pad, Tavern/Bar/Nightclub |
| Building Size (RSF): | 4,173 SF |
| Gross Land Area: | 0.13 Acres |
| Sale Price: | $4,495,000 |
| Unit Price: | $1,077 PSF |
| Ceiling: | 14 ft. |
| In Opportunity Zone? | Yes |
| Property Use Type: | Investment, Business |
| Building Name: | Elmer's, Ybor City |
| Usable Size (USF): | 4,173 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 1/3/2022 |
Overview / Comments
|
The properties known as Elmer’s Sports Café, a TWO Bar/ Restaurant portfolio, is a unique package of a long-standing business with real estate that is owner occupied, turn-key and ready for new ownership. The portfolio encompasses approximately 8,173 SF of total GBA and boasts over 260 feet of collective linear frontage along S. MacDill Avenue as well as 7th Avenue and includes folio numbers 197332-0000 & 134462-0000. Elmer’s Sports Café has been in Tampa for over 25 years and now the seller is offering an amazing opportunity to step into 2 locations at once (1 location is in bustling Ybor City - East Tampa and the 2nd location is in the growing Ballast Point - South Tampa area). THE SALE OF BOTH LOCATIONS OFFER: →Real estate →Thriving businesses with strong sales and operational history →FF&E →Long-standing reputations, demonstrated goodwill →Busy traffic counts, great visibility, robust demographics and easy access. Upon receipt of a signed non-disclosure agreement, all pertinent financial information will be available for your review. Here is a great opportunity for an investor or owner-user to acquire two existing operations that have a phenomenal neighborhood and community presence. 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. Together these properties are being offered as a portfolio sale only. These 2 diligently maintained stores are located on bustling corridors and offer incredible signage and great visibility. Elmer’s South Tampa sits a half mile South of the Gandy/MacDill Intersection and Elmer’s Ybor City sits 1/10th mile West of the N. 22nd Street and 7th Avenue intersection. Both properties are within immediate proximity of countless retail tenants, newly renovated and constructed condos and residential neighborhoods. Tampa International Airport is a quick 10-mile commute away from either property with Downtown Tampa sitting just 2 miles from the Ybor City location and 7 miles from the South Tampa location making them both convenient enough to serve your customers’ needs. 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. Current NOI available upon request with a signed non-disclosure agreement. Call today to schedule an exclusive showing! ELMER’S YBOR CITY LOCATION 2003 E. 7th Ave., Tampa, FL 33605 →Amazing frontage, visibility and access →In an Opportunity Zone →Highest and best use: Bar :: Bistro/ Restaurant →Centrally located in the heart of bustling Ybor City →Average HH income exceeds $49,031.08 within 3-Mile Radius →Neighboring businesses include: Columbia Restaurant, Valley Bank, Naviera Coffee Mills, Hilton Gardens Inn- Ybor, Hillsborough County Sheriff’s Office and more ELMER’S S. MACDILL LOCATION 5206 S. MacDill Avenue, Tampa, FL 33611 →Amazing frontage, visibility and access via MacDill Avenue and Gandy Blvd. →Immediately South of Gandy Blvd →Site offers 28 +/- onsite parking spaces →Average HH income exceeds $72,499.23 within 3-mile radius →Highest and best use: Bar :: Bistro/ Restaurant →Surrounding neighborhoods include: Bayshore, Ballast Point, Interbay and MacDill Airforce Base |
Attachments & Media
Additional Details
| Nearest MSA: | Tampa-St. Petersburg-Clearwater |
| County: | Hillsborough |
| Tax ID/APN: | 19291850N000082000040A |
| Zoning: | YC-1 |
| Retail Clientele: | General, Traveler, Tourist, Recreation, Other |
| Property Located Between: | 7th Avenue and 20th Street |
| Property Visibility: | Excellent |
| Largest Nearby Street: | N. 22nd Street |
| Feet of Frontage: | 60 |
| Traffic/Vehicle Count: | 5,500 |
| Highway Access: | Interstate 4 and Interstate 275 |
| Airports: | Tampa International Airport |
| Site Description: | ELMER’S YBOR CITY LOCATION 2003 E. 7th Ave., Tampa, FL 33605 →Amazing frontage, visibility and access →In an Opportunity Zone →Highest and best use: Bar :: Bistro/ Restaurant →Centrally located in the heart of bustling Ybor City →Average HH income exceeds $49,031.08 within 3-Mile Radius →Neighboring businesses include: Columbia Restaurant, Valley Bank, Naviera Coffee Mills, Hilton Gardens Inn- Ybor, Hillsborough County Sheriff’s Office and more ELMER’S S. MACDILL LOCATION 5206 S. MacDill Avenue, Tampa, FL 33611 →Amazing frontage, visibility and access via MacDill Avenue and Gandy Blvd. →Immediately South of Gandy Blvd →Site offers 28 +/- onsite parking spaces →Average HH income exceeds $72,499.23 within 3-mile radius →Highest and best use: Bar :: Bistro/ Restaurant →Surrounding neighborhoods include: Bayshore, Ballast Point, Interbay and MacDill Airforce Base |
| Area Description: | Elmer’s Sports Café Portfolio, an assemblage of TWO owner occupied bars/ casual restaurants establishments located respectively along 7th Avenue in Ybor City and fronting S. MacDill Avenue in South Tampa- both turn-key and ready for a new owner. Together these properties are being offered as a PORTFOLIO SALE ONLY. These 2 diligently maintained stores are located on bustling corridors and offer incredible signage and great visibility. Elmer’s, South Tampa sits a half mile South of the Gandy/ MacDill Intersection and Elmer’s, Ybor City sits 1/10th mile West of the N. 22nd Street and 7th Avenue intersection. Both properties are within immediate proximity of countless retail tenants, newly renovated and constructed condos and residential neighborhoods. Tampa International Airport is a quick 10-mile commute away from either property with Downtown Tampa sitting just 2 miles from the Ybor City location and 7 miles from the South Tampa location making them both convenient enough to Serve your customers’ needs. |
| Total Number of Buildings: | 2 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 4,173 SF |
| Property Condition: | Good |
| Year Built: | 1945 |
| Roof Type: | Flat |
| Construction/Siding: | Brick |
| Exterior Description: | Brick constructed |
| Parking Type: | Surface |
| Parking Description: | adjoining (paid) parking |
| Heat Type: | Electricity |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Internet Access: | Cable |
| Interior Description: | large storefront windows, lots of indoor seating, high ceilings, a full commercial kitchen |
| Zoning Description: | Central Commercial Core |
| Lot Frontage: | 60 |
| Lot Depth: | 95 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | YBOR CITY MAP W 60 FT OF LOT 4 BLOCK 82 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 12,408 | 100,258 | 280,773 |
| Median Age: | 35.52 | 34.29 | 36.03 |
| Households: | 5,391 | 40,086 | 113,351 |
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