East Busch Blvd Commercial Bldg for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30436127
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 7,466 SF
Gross Building Area: See Agent
Sale Price: $1,500,000
Unit Price: $200.91 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/9/2020

Overview / Comments

**Asking Sales Price: $1,500,000
*Asking Lease Rate: $18 PSF NNN
-LOCATED IN AN OPPORTUNITY ZONE: This parcel is located in a newly -created Opportunity Zone.
-Use: Educational, Office or Retail
-Square Footage: 7,466 SF
-Parking: 115+ parking spots
-Traffic Counts: 50,000+ AADT
-Year Built: 1970
-Construction: Masonry Frm/Stucco
-Zoning: RM-24/Residential Multi-family
-Future Land Use: CMU-35
-Total Land Size: 2.29 acres
-Land Dimensions: 159 x 630
-Utilities: Water/Sewer – Public Utilities available
Electricity - TECO
-Folio #: 147195-0000
-Total Taxes (2018): $29,672
-Location: City of Tampa
-Lot Shape: Rectangular
-Selling “As Is, Where Is” with right to inspect
*Parking and traffic counts are a key feature of this 7,466 SF building with great visibility on Busch Blvd. With traffic counts in excess of 50,000/day this is a great location. This property is perfect for a buyer or a tenant looking for a facility.

*Link: http://www.floridajobs.org/business-growth-and-partnerships/for-businesses-and-entrepreneurs/business-resource/opportunity-zones

*Link: https://www.enterprisecommunity.org/opportunity360/opportunity-zone-eligibility-tool?gclid=Cj0KCQjwl9zdBRDgARIsAL5Nyn2xVSI-89NtLiN9LkE7EpOa1WKnt4UJfqvN1C8Y1dzIdQuw8QMtn0QaAtBfEALw_wcB

*Also, here is the link to a map to all the opportunity zones:
 https://www.policymap.com/maps?i=9964345&btd=6&p  

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 19282045P000000000181A
Retail Clientele: General
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,118 161,774 347,745
Median Age: 31.34 33.86 35.05
Households: 6,078 63,450 139,038

Contact

Photograph of Listing Agent

Gregory R Andretta, SIOR

Andretta Properties
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Exchange Florida nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.