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Lance Willard

lance@willardhometeam.com +1(727) 487-1894

$6,200,000

Est. payment - /mo

15,022 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 15,022 sqft

Price per Sqft $412

Subdivision Fendigs Sub

MLS Listing ID TB8345181

Construction Status Completed

HOA Y/N No

Year Built 2001

Annual Tax Amount $56,907

Lot Size 1.940 Acres

Acres 1.94

Property Sub-Type Retail

Source Stellar MLS

Property Description

This former 15,022 SF freestanding drug store (Walgreens) is situated on a 84,366 SF (1.94 Acre) CG (Commercial General) zoned lot at the lighted intersection of Nebraska Ave and Dr Martin Luther King Jr Blvd which enjoys a combined traffic count of 35,000 VPD (both streets). The interior of the structure features high ceilings of approximately 20 ft and column spacing of 35 ft and has a covered drive through lane and ample 3-phase power. The building as also fully fire sprinklered. The site features excellent access from both Dr Martin Luther King and Nebraska Ave and boasts 67 parking spaces. Preliminary site plan approval for a "Live Local" redevelopment yielded a probable site plan of 230-250 units with 7 story height limit after a zoning & comprehensive plan change. The property sits within an Opportunity Zone, and, given the scope of the potential project, a doubling of basis would be easy to achieve.
** Also available for lease

Located on N. Nebraska Avenue and E. Martin Luther King, Jr. Blvd. and close to I-275 and I-4, offering easy access to surrounding areas, including downtown.

Location

State FL

County Hillsborough

Community Fendigs Sub

Area 33603 - Tampa / Seminole Heights

Zoning PD

Interior

Cooling Central Air

Exterior

Parking Features Over 30 Spaces

View Y/N No

Water Access No

Building

Story 1

Foundation Slab

Lot Size Range 1 to less than 2

Structure Type Block

New Construction false

Construction Status Completed

Others

Ownership Corporation

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8345181

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Listed by Michael Braccia, PA BAY STREET COMMERCIAL LLC

NEARBY SCHOOL & BUSINESS

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Lance Willard

+1(727) 487-1894

Agent | slsl3384517

Agent slsl3384517

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3917 N NEBRASKA AVE Tampa, FL 33603

Lance Willard

Key Details

Location

Interior

Exterior

Building

Others