Bar/Restaurant on 7th avenue!

Retail-Commercial for Sale
Catylist Listing ID: 30737942
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Tavern/Bar/Nightclub
Building Size (RSF): 4,173 SF
Gross Land Area: 0.13 Acres
Sale Price: $3,500,000
Unit Price: $838.73 PSF
Ceiling: 14 ft.
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Building Name: Elmer's, Ybor City
Usable Size (USF): 4,173 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/25/2023

Overview / Comments

Known as Elmer’s Sports Café, the property is a unique package of a
long-standing Bar/Restaurant with real estate that is owner occupied,
turn-key and ready for new ownership. The property encompasses
approximately 4,173 SF of GBA and boasts over 60 feet of linear frontage
along 7th Avenue.
The Elmer’s Sports Café has been in Tampa for over 25 years and now
the seller is offering an amazing opportunity to purchase the
real-estate, thriving businesses with strong sales and operational
history, FF&E, long-standing reputation, demonstrated good will as well
as busy traffic counts, great visibility, robust demographics and easy
access. Upon receipt of a signed non-disclosure agreement, all
pertinent financial information will be available for your review. Here
is a great opportunity for an investor or owner-user to acquire a
phenomenal neighborhood and community presence. If you’re an
entrepreneur looking to grow equity in the metropolitan Tampa Bay
area, inquire today for additional property details and a scheduled
Exceptional frontage, visibility and access via 7th Avenue, 22nd Street and Interstate 4
Highest and best use: Bar :: Bistro/ Restaurant
Situated in an Opportunity Zone
Centrally Located in the Heart of bustling Ybor City
Average HH Income Exceeds $49,031.08 within 3-Mile Radius
Strong surrounding population of 53,851 residents within 3 miles of the property
Neighboring businesses include: Columbia Restaurant, Valley Bank, Naviera
Coffee Mills, Hilton Gardens Inn- Ybor, County Sheriff’s Office & more

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 19291850N000082000040A
Zoning: YC-1
Retail Clientele: General, Traveler, Tourist, Recreation, Other
Property Located Between: 7th Avenue and 20th Street
Property Visibility: Excellent
Largest Nearby Street: N. 22nd Street
Feet of Frontage: 60
Traffic/Vehicle Count: 5,500
Highway Access: Interstate 4 and Interstate 275
Airports: Tampa International Airport
Site Description: ELMER’S YBOR CITY LOCATION 2003 E. 7th Ave., Tampa, FL 33605 ?Amazing frontage, visibility and access ?In an Opportunity Zone ?Highest and best use: Bar :: Bistro/ Restaurant ?Centrally located in the heart of bustling Ybor City ?Average HH income exceeds $49,031.08 within 3-Mile Radius ?Neighboring businesses include: Columbia Restaurant, Valley Bank, Naviera Coffee Mills, Hilton Gardens Inn- Ybor, Hillsborough County Sheriff’s Office and more
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 4,173 SF
Property Condition: Good
Year Built: 1945
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick constructed
Parking Type: Surface
Parking Description: adjoining (paid) parking
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: large storefront windows, lots of indoor seating, high ceilings, a full commercial kitchen
Zoning Description: Central Commercial Core
Lot Frontage: 60
Lot Depth: 95
Water Service: Municipal
Sewer Type: Municipal
Legal Description: YBOR CITY MAP W 60 FT OF LOT 4 BLOCK 82

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,408 100,258 280,773
Median Age: 35.52 34.29 36.03
Households: 5,391 40,086 113,351


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