5,242 SqFt
5,242 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,242 sqft
Price per Sqft $286
Subdivision Elizabeth Court
MLS Listing ID OM714200
HOA Y/N No
Year Built 1978
Annual Tax Amount $11,490
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 70x130
Property Sub-Type Retail
Source Stellar MLS
Property Description
Configured as a multi-tenant building but currently operated by a single user, the property delivers a strong 8.56% cap rate with upside through lease restructuring, rent adjustments, or full/partial owner-occupancy. Strategically positioned in the heart of Tampa/St. Petersburg MSA—now the 18th-largest and one of the fastest-growing in the U.S. this corridor benefits from exceptional connectivity to I-275, I-4, the Veterans Expressway (589), Downtown Tampa, Temple Terrace, the University submarket, and major employment centers all within a 15-minute drive.
The trade area supports a population of 305,560+ residents, a median income of $53,400, and some of the region's strongest consumer expenditure profiles—ideal for restaurant/QSR (with drive-thru), coffee, medical/professional office, retail, experiential, tourism-oriented, or service-based uses. With irreplaceable visibility, flexible configuration, and excellent fundamentals, this asset offers both a stable income stream and an exceptional long-term commercial foothold in one of Tampa's highest-traffic destinations.
Location
State FL
County Hillsborough
Community Elizabeth Court
Area 33612 - Tampa / Forest Hills
Zoning CG
Interior
Cooling Central Air
Flooring Ceramic Tile
Exterior
Parking Features Parking Spaces - 13 to 18, Common
Roof Type Shingle
Building
Lot Description Corner Lot
Story 2
Foundation Slab
Lot Size Range 0 to less than 1/4
Structure Type Block,Brick
New Construction false
Others
Ownership Corporation
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM714200
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Broker-Owner | Lic# BK 3185135