Catylist ID:
#30737942
| 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 showing. 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 |
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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