Warehouse / office / gym space currently. 100% leased. Below market rents. Month to month leases. Annual income $120,000 gross. 6.4% CAP rate. Redevelopment site in North Hyde Park. Amazing and highly desirable area right outside of Downtown Tampa. An urban, mixed-use area with current growth of new (and existing): homes, new townhouses, new apartments and commercial/retail. This 37,181 sq.ft. site is perfectly suitable as-is with three structures that are in good condition and functional being 100% leased. Total sq.ft. under roof is 15,334, consisting of a mix of air conditioned offices, warehouse space, personal trainer/gym and one single family home. Zoned IG (and RS-50 for the 714 sq.ft. home on 4,160 sq.ft. lot included in the total sale). Future land use is GMU24 with a 1.5 FAR and allowing for a 60 ft high structure(s). City of Tampa Brownfield Designated area. Possibilities are endless: medical, retail, industrial, warehouse, showrooms, storage, townhomes, apartments, single family homes. This South Tampa location is just blocks from the new Julian B. Lane Riverfront Park, Bryan Glazer Family JCC, University of Tampa, Tampa General Hospital's development on Kennedy Blvd., Walmart, I-275, Downtown Tampa, Channelside, Davis Islands, Corridor to Westshore Business District.
A/C - Office Only, Other, Wall/Window Unit(s)
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Listing data comes from My Florida Regional MLS.
Listing information last updated on April 22nd, 2019 at 10:44am EDT.