508 N. Franklin St., Tampa, FL 33602 - T3325389 - iPro Real Estate
iPro Real Estate

iPro Real Estate

Back on the Market
For Sale

$1,295,000 $498.08 per sqft

Free Professional CMA

Listing ID : T3325389

  • Structure / Lot Size

    2,600 Sqft / 0.06 Acre
  • Year

    1900

Description

Florida Commercial Group is pleased to present an opportunity to acquire and develop a commercial land site in bustling Downtown Tampa. Subject measures 26’ x 100’, is paved, enclosed and is situated immediately North of the intersection of Madison Street and Franklin Street. Zoned CBD-1, this zoning subdistrict is appropriate for CBD projects in areas with low-to mid-rise structures. Due to fire damage, this is a commercial re-build of a 2-story building, uses may include restaurant, café, bistro, lounge or martini bar. If building is higher than 2 stories, must verify with the City of Tampa as well as the Fire Marshal regarding building restrictions. This is an attractive site for countless commercial commerce types- a great location that may be renovated and built out as a courtyard to feature any type of DJ or live band concert venue, private parties, beer garden, bazaar or an open market. Special Events can do well here too. Located in the heart of Downtown Tampa; this property boasts approximately 26’ of Franklin Street frontage and is situated directly between Ashley Drive and Florida Avenue. This location is also in direct proximity to main traffic arteries in the area, numerous highly traveled commerce routes and is surrounded by a myriad of rapidly growing commercial businesses and high-end residential development! You will also have immediate access to East Tampa, Ybor City, Channel District, South Tampa, West Tampa, Davis Island and Harbour Island. This is an amazing investment opportunity for an owner/ user or future development in growing Downtown Tampa. Call today for a property brochure.

Details

Type: Commercial Sale 
Subdivision: Tampa General Map Of 1853 
MLS Area: 33602 - Tampa 
County: Hillsborough 
Tax ID: A-24-29-18-4ZI-000058-00005.3
Annual Taxes: $5,657
Building Size: 2,600 SqFt 
Days on Market: 403 
Cooling: None 
Flooring: Concrete 
Foundation: Slab 
Heating: None 
Number of Buildings: 1 
Property Type: Commercial Sale Sale 
Sub Type: Retail 
Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Nearby, Telephone Nearby, Water Connected 
Zoning: CBD-1 

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Interactive

27.948687 -82.458687 $1,295,000 T3325389
508 N. Franklin St., Tampa, FL 33602
Directions to here from:

Area Information 33602

Population:

13,534 Up .17% since 2010
Average Income:
$118,678
Average Age:
37Years
Gender:
52.15%Male
47.85%Female
Households:
7,00114.16% with children
Average Value:
$553,032
Occupancy:
35.43%Owned
64.57%Rented
18.53%Vacant
Education:
19.1%High School
5.9%Associate
30.66%Bachelor
21.37%Graduate
Average Residency:
19Years
Crime Rate:
Above Average
Annual Rainfall:
47.49Inches
Earthquake Risk:
Very Low
Hurricane Risk:
Very High
Ozone Risk:
Above Average
Pollution Risk:
Above Average
Tornado Risk:
Very High

History

Date Transaction Price Mortgage Amt & Lender
Date
Mar 30, 2022
Transaction
Active - Commercial SaleT3325389
Price
$1,295,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Tina Marie Eloian with FLORIDA COMMERCIAL GROUP