Catylist ID:
#30807389
Prime Warehouse/ Office :: 14,154 SF :: W. Hillsborough Avenue
Industrial
for Sale
Also listed as Office
| Catylist Listing ID: | 30807389 |
| Property Subtypes: | Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Research & Development, Warehouse/Distribution |
| Building Size (RSF): | 14,154 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $2,300,000 |
| Unit Price: | $162.50 PSF |
| Ceiling: | 12 ft. |
| Docks/Doors: | 1 Dock |
| Property Use Type: | Investment, Vacant/Owner-User |
| Sale Terms: | Cash to Seller, Sale/Leaseback, Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 6/7/2023 |
Overview / Comments
|
Purchase price: $2,300,000 Folio Numbers: 104848-0000 GSF: 14,154 SF Lot size: 32,762 SF (.71 acres) Zoned: CG (General Commercial) Traffic: 50,500 VTD (AADT, 2021) 2021 Taxes: $12,180.73 Florida Commercial Group is pleased to offer a phenomenal opportunity to purchase a free-standing industrial building! Located at 601 W. Hillsborough Avenue, this 2-story metal and concrete constructed office/ warehouse is prime real estate with direct frontage on W. Hillsborough Avenue and boasts superior visibility to over 50K vehicles that travel east and west along this bustling corridor every day! Measuring 14,154 SF and zoned CG, this property represents a fantastic value-add opportunity of endless possibilities for production, manufacturing, distribution, warehouse or showroom/ office use. Situated in a qualified HUBZone in Seminole Heights, this is a highly sought-after location/ area and is an idyllic live/ work set up that could greatly appeal to an owner- user/ private investor. 601 W. Hillsborough Avenue is located minutes from N. Florida Avenue and N. Nebraska Avenue and is situated between Interstate 275 and N. Dale Mabry Hwy. offering ease of access and a quick commute from anywhere throughout the Tampa Bay area. Upon closing, the owner will vacate. However, if the buyer has an interest, the seller is willing to consider a 1031 exchange. This building is in fabulous condition as is and is an outstanding commercial investment opportunity! Come make this property your new showplace and get in on the abundance of area growth that this market has to offer! |
Attachments & Media
Additional Details
| Nearest MSA: | Tampa-St. Petersburg-Clearwater |
| County: | Hillsborough |
| Tax ID/APN: | 1828353H3000008000010A |
| Zoning: | CG |
| Property Located Between: | Florida Avenue and Rome Avenue |
| Highway Access: | Interstate 275 N. |
| Airports: | Tampa International Airport |
| Site Description: | Florida Commercial Group is pleased to offer a phenomenal opportunity to purchase a free-standing industrial building! Located at 601 W. Hillsborough Avenue, this 2-story metal and concrete constructed office/ warehouse is prime real estate with direct frontage on W. Hillsborough Avenue and boasts superior visibility to over 50K vehicles that travel east and west along this bustling corridor every day! Measuring 14,154 SF and zoned CG, this property represents a fantastic value-add opportunity of endless possibilities for production, manufacturing, distribution, warehouse or showroom/ office use. This incredible mix of office/ warehouse with a contiguous (owner’s) apartment on the second floor is an ideal location for an owner/ user. The building may also be upgraded with an elevator and converted to a multi-tenant structure or completely utilized as a single user work/ production space. Some current upgrades to the building include Kool Seal coating has been applied to the metal roof, HVAC system has been replaced and a new septic tank and drain field was added, January 2022. The subject lot is extra-large, deep and measures .71 acres offering ample outside storage or room for expansion with plenty of private parking to the rear of the building. The building also features a dock-high truck well for loading and unloading. There is also a balcony- porch that includes a third separate rear entrance which features screened in outdoor seating. **Owner’s note, the building may be pressurized to maintain air quality and two metal manual ramps may be included in this sale. ** |
| Area Description: | Situated in a qualified HUBZone in Seminole Heights, this is a highly sought-after location/ area and is an idyllic live/ work set up that could greatly appeal to an owner- user/ private investor. 601 W. Hillsborough Avenue is located minutes from N. Florida Avenue and N. Nebraska Avenue and is situated between Interstate 275 and N. Dale Mabry Hwy. offering ease of access and a quick commute from anywhere throughout the Tampa Bay area. Upon closing, the owner will vacate. However, if the buyer has an interest, the seller is willing to consider a 1031 exchange. This building is in fabulous condition as is and is an outstanding commercial investment opportunity! Come make this property your new showplace and get in on the abundance of area growth that this market has to offer! Call today for additional property details. |
| Number of Stories: | 2 |
| Property Condition: | Excellent |
| Year Renovated: | 2022 |
| Construction/Siding: | Block, Metal Siding |
| Parking Type: | Surface |
| Lot Frontage: | 150 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 17,226 | 160,600 | 345,194 |
| Median Age: | 38.07 | 36 | 35.53 |
| Households: | 7,253 | 63,029 | 137,576 |
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