3917 N Nebraska Avenue, Tampa, FL 33603

$6,200,000
15,022
SqFt

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List Price
$6,200,000
Status
ACTIVE
Days on Market
544
Price Change
▲ $250,000 1756504457
MLS#
TB8345181
Subtype
Commercial Sale
Year Built
2001
Living Area
15,022
Lot Size
84,366
Acres
1.94
Subdivision
Fendigs Sub
MLS Area Major
Tampa / Seminole Heights

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.

Additional Information

Community Features
No Deed Restriction
Zoning
PD
Air Conditioning
Central Air
Exterior Construction
Block
Stories
1
Foundation
Slab
Parking
Over 30 Spaces
Parking Features
Over 30 Spaces
Garage Features
Over 30 Spaces

Listing courtesy of BAY STREET COMMERCIAL LLC. 813-254-6756

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