Tampa FL Real Estate & Commercial for Sale

Channel District Mixed Use Property made up of an Office/Retail Condo Portfolio with optional Residential Penthouse: Realty Center International LLC proudly presents an exceptional, and totally unique, one-of-a-kind mixed use investment opportunity - a distinctive 3-unit office/retail condo portfolio along with an exclusive penthouse condo situated in the highly sought-after Channel District of Tampa. Strategically located just 1.5 blocks away from the sought after Water Street Tampa development and Sparkman's Wharf, this property is positioned perfectly in the middle of the ongoing transformation of Tampa's Channel District, not just into a dynamic Live-Work-Play community, but a desirable destination for all. Within just a few blocks you will find the Cruise ships port, Tampa aquarium, The Amalie Arena, the scenic Tampa riverwalk, a variety of diverse restaurants & entertainment venues & the Newly approved Ybor Harbor Development. Embrace the uniqueness of a boutique building where each floor functions as its own retail, office or residential condominium, where the elevator stops at your private lobby, with onsite parking &steel construction. The attached parking lot provides tenant convenience & value supplemented by the additional 150 public parking spaces available for lease next door. Key Investment Considerations: 1. The high-quality construction, onsite parking & boutique condo design create the opportunity to maximize rental rates. Current market rental rates for Class A office space are conservative at $35 sq ft NNN, & trending upward. There are office/retail spaces renting as high as $50 sq ft & full-service executive suites as high as $73 sq ft 2. The CD-1 zoning is a mixed-use zoning that allows for many additional future uses & development. The ability to either purchase the 4th floor penthouse at this time or a first right of refusal to purchase at a later time, provides an owner with an opportunity for a luxurious on-site residence or additional rental income. 3. Condominium Ownership Flexibility: The condominium ownership structure allows for future disposition flexibility, including the potential future sale of individual units at a premium to users, adds to a diverse investment strategy. 4.The ability to offer tenants some onsite parking, coupled with extra parking available for lease next door, further enhances the property's attractiveness. Property Facts: " Number of Condos: 3 Commercial, 1 Residential " Rentable office/retail pace: 15,500 sq ft total / 1st floor: 3,500 sq ft/ 2nd floor: 6,000 sq ft/ 3rd floor: 6,000 sq ft " Office/Retail onsite parking spaces: 15 " One of a kind penthouse: 4 bedrooms, 4.5 baths /AC and heated: 5,426 sq ft / Covered terraces: 592 sq ft / Garage: 1,347 sq ft / Total: 7,365 sq ft " 6 car garage plus 1 guest spot

This high visibility 1,916 SF office is located on a signalized corner lot at N Boulevard and W. West Street. As you enter through the primary covered patio entrance, there is a large reception area with an adjacent conference room. There are 5 private perimeter offices, 2 ADA restrooms, and an open workspace, as well as a kitchenette / breakroom to the rear. The east entrance facing the parking lot has an ADA accessible ramp. This is a perfect professional / legal office offering easy access to downtown and minutes from exciting new developments in Tampa Heights such as the Tampa Armature Works and The Pearl Residential Project.Located on N. Boulevard in Tampa, just north of W. Columbus Drive and west of I-275 in the heart of Tampa Heights. SALE: $575,000Also Available for lease:1,916 SF - $21.00 sf/yr NNN + CAM: $8.95 - Initial estimated monthly rent: $5,069 (includes base rate + CAM + sales tax)

Channel District Mixed Use Property made up of an Office/Retail Condo Portfolio with optional Residential Penthouse: Realty Center International LLC proudly presents an exceptional, and totally unique, one-of-a-kind mixed use investment opportunity - a distinctive 3-unit office/retail condo portfolio along with an optional exclusive penthouse condo situated in the highly sought-after Channel District of Tampa. Strategically located just 1.5 blocks away from the sought after Water Street Tampa development and Sparkman's Wharf, this property is positioned perfectly in the middle of the ongoing transformation of Tampa's Channel District, not just into a dynamic Live-Work-Play community, but a desirable destination for all. Within just a few blocks you will find the Cruise ships port, Tampa aquarium, The Amalie Arena, the scenic Tampa riverwalk, a variety of diverse restaurants & entertainment venues & the Newly approved Ybor Harbor Development. Embrace the uniqueness of a boutique building where each floor functions as its own retail, office or residential condominium, where the elevator stops at your private lobby, with onsite parking &steel construction. The attached parking lot provides tenant convenience & value supplemented by the additional 150 public parking spaces available for lease next door. Must be purchased with attached parking lot, folio #199294-2419. Attached parking lot price $1,125,000. Total price for the 3 commercial condos with the parking lot is $7,000,000Key Investment Considerations: 1.The high-quality construction, onsite parking & boutique condo design create the opportunity to maximize rental rates. Current market rental rates for Class A office space are conservative at $35 sq ft NNN, & trending upward. There are office/retail spaces renting as high as $50 sq ft & full-service executive suites as high as $73 sq ft 2.The CD-1 zoning is a mixed-use zoning that allows for many additional future uses & development. The ability to either purchase the 4th floor penthouse at this time or a first right of refusal to purchase at a later time, provides an owner with an opportunity for a luxurious on-site residence or additional rental income. 3. Condominium Ownership Flexibility: The condominium ownership structure allows for future disposition flexibility, including the potential future sale of individual units at a premium to users, adds to a diverse investment strategy. 4.The ability to offer tenants some onsite parking, coupled with extra parking available for lease next door, further enhances the property's attractiveness. Property Facts: " Number of Condos: 3 Commercial, 1 Residential " Rentable office/retail pace: 15,500 sq ft total / 1st floor: 3,500 sq ft/ 2nd floor: 6,000 sq ft/ 3rd floor: 6,000 sq ft " Office/Retail onsite parking spaces: 15" Optional penthouse: 4 bedrooms, 4.5 baths /AC and heated: 5,426 sq ft / Covered terraces: 592 sq ft / Garage: 1,347 sq ft / Total: 7,365 sq ft " 6 car garage plus 1 guest spot The Penthouse, Folio #199294-2418 can be purchased for $5,400,000 if purchased with the commercial condos for a total of $12,400,000

One or more photo(s) has been virtually staged. Don't miss out on this unique LIVE & WORK FLEX-SPACE! Located in the The Arlington Building within the AWARD winning HISTORICAL District of DOWNTOWN TAMPA! North Franklin Street serves as an urban corridor between downtown Tampa and the historic Tampa Heights neighborhood, an ideal location for mixed use projects! The Developer preserved The Arlington's time-honored architecture and modernized it with the latest contemporary finishes, making this a truly exceptional opportunity. Enjoy being just steps away from some of the areas most renowned restaurants, parks, coffee shops, and the thriving Downtown Tampa Business District! It is also only a few blocks from Amalie Arena, Water Street, and just minutes to Tampa International Airport. Don't let this opportunity to own a piece of Downtown Tampa pass you by - Schedule a private showing today!

Highest and Best Use: Redevelopment, professional office or retail storefront :: Current use, freestanding, 25,120 SF commercial building located in Historic V.M. Ybor :: Literally a hidden gem boasting 250' of Nebraska Avenue frontage :: Offers great access with excellent visibility :: Situated between E. Columbus Drive and E. 17th Avenue :: Prime location :: Subject consists of an extra- large building situated on a 27,500 SF lot with onsite parking :: current owner occupier of building may need to stay for 12 to 36 months after closing :: This property may be converted to a retail storefront, an event hall or commercial office space :: QOZ and HUBZone! :: This building is currently occupied by a motivated owner/ user and is calling all investors and developers :: Although this building is considered a historical building, it can be easily re-designed by an adventurous architectural designer or developer for a multitude of commercial uses :: East Tampa is experiencing a re-vitalization and renovation growth surge and the area shows tremendous improvement with residential and commercial development happening in every direction :: Located at the signalized intersection of N. Nebraska Avenue and E. Columbus Dr. this property is minutes from Downtown Tampa, Channel District, Historic Ybor, Franklin Street District, Ybor Heights, Interstate 275, Interstate 4, Selmon Crosstown Expressway, Florida Avenue, Dr. Martin Luther King Jr. Blvd and Hillsborough Avenue as well as a short commute to Tampa International Airport, MacDill AFB and Eastern Hillsborough County :: The area is exploding with new Commercial and Residential growth and is surrounded by countless development projects and major travel arteries :: a great place to invest, relocate or expand your business.