Historic West Tampa Cigar Factory

Industrial for Sale
Catylist Listing ID: 30292384
Property Subtypes: Manufacturing, Office Showroom, Warehouse/Distribution
Building Size (RSF): 59,515 SF
Gross Land Area: 61,200 SF
Sale Price: $4,200,000
Unit Price: $70.57 PSF
Office SF: 59,515 SF
Property Use Type: Vacant/Owner-User
Building Name: Historic West Tampa Cigar Factory
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 8/23/2020

Overview / Comments

Built by C.E. Purcell in 1913, this three-story brick building with basement is Romanesque Revival style and is an iconic flagship building in Old West Tampa. The architect was Fred J. James who originally designed this building for Y. Pendas & Alvarez Cigar Company. The building sits on a 61,200 sf lot, and, at the time of its completion, it boasted having the largest clock in the state (120 feet high). It had four faces and played music on the hour. The building is currently used as a light manufacturing facility. The total square footage of the original cigar factory is approximately 43,000 sf. The property also Includes 2 additional pre-fab metal structures (11,860 sf + 4,800 sf) which could be removed to accommodate additional parking for redevelopment. The basement has direct exterior grade level access, windows and groundwater pumps and is dry and usable. The three main floors are wide open with high ceilings and beautiful exposed red brick. Currently, all floors are accessible by staircase, though there is a freight only elevator which could be upgraded to a personal lift. The owner has maintained this treasure well with ongoing investment into the structure. Currently, a buyer has the opportunity to finish the interior to their own taste and own a rare historical gem, which is a hallmark of Tampa's rich cultural history.

Located in Historic West Tampa, just south of West Columbus Drive and north of I-275, offering easy access to all areas surrounding Tampa.

**DETAILED SALE BROCHURE UNDER PHOTOS & DOCUMENTS**

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Taxing Authority: Hillsborough County
Tax ID/APN: A-14-29-18-4PQ-000053-00004.0
Zoning: CI - COMMERCIAL INTENSIVE
Property Located Between: N Albany Avenue & W Columbus Dr
Highway Access: I-275
Airports: Tampa International
Site Description: Built by C.E. Purcell in 1913, this three-story brick building with basement is Romanesque Revival style and is an iconic flagship building in Old West Tampa.
Area Description: Located in Historic West Tampa, just south of West Columbus Drive and north of I-275.
Total Number of Buildings: 3
Number of Stories: 3
Year Built: 1913
Construction/Siding: Brick
Exterior Description: Three-story brick building with basement is Romanesque Revival style
Parking Type: Surface
Interior Description: The building is currently used as a light manufacturing facility. The total square footage of the original cigar factory is approximately 43,000 sf. The property also Includes 2 additional pre-fab metal structures (11,860 sf + 4,800 sf) which could be removed to accommodate additional parking for redevelopment. The basement has direct exterior grade level access, windows and groundwater pumps and is dry and usable. The three main floors are wide open with high ceilings and beautiful exposed red brick. Currently, all floors are accessible by staircase, though there is a freight only elevator which could be upgraded to a personal lift.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,919 136,922 281,184
Median Age: 35.98 36.64 36.7
Households: 8,381 57,995 115,604

Contact

Photograph of Listing Agent

Michael Braccia, P.A.

Bay Street Commercial CE-FL Member
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