508 Franklin Ave | Vacant Land in Downtown Tampa
Vacant Land
for Sale
Catylist Listing ID: |
30850679 |
Property Subtypes: |
Office, Retail, Retail-Pad, Other
|
Gross Land Area: |
2,600 SF
|
Sale Price: |
$1,985,000 |
Unit Price: |
$763.46 PSF |
In Opportunity Zone? |
Yes |
Sale Terms: |
Cash to Seller, Other |
Cap Rate: |
Undisclosed |
Last Updated: |
9/5/2023 |
Overview / Comments
Florida Commercial Group is pleased to present an opportunity to acquire and develop a commercial land site in bustling Downtown Tampa. Subject measures 26’ x 100’, is paved, enclosed and is situated immediately North of the intersection of Madison Street and Franklin Street. Zoned CBD-1, this zoning subdistrict is appropriate for CBD projects in areas with low-to mid-rise structures. Due to fire damage, this is a commercial re-build of a 2-story building, uses may include restaurant, café, bistro, lounge or martini bar. If building is higher than 2 stories, must verify with the City of Tampa as well as the Fire Marshal regarding building restrictions. This is an attractive site for countless commercial commerce types- a great location that may be renovated and built out as a courtyard to feature any type of DJ or live band concert venue, private parties, beer garden, bazaar or an open market. Special Events can do well here too.
Located in the heart of Downtown Tampa; this property boasts approximately 26’ of Franklin Street frontage and is situated directly between Ashley Drive and Florida Avenue. This location is also in direct proximity to main traffic arteries in the area, numerous highly traveled commerce routes and is surrounded by a myriad of rapidly growing commercial businesses and high-end residential development! You will also have immediate access to East Tampa, Ybor City, Channel District, South Tampa, West Tampa, Davis Island and Harbour Island. This is an amazing investment opportunity for an owner/ user or future development in growing Downtown Tampa. Call today for a property brochure.
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Additional Details
Nearest MSA: |
Tampa-St. Petersburg-Clearwater |
County: |
Hillsborough |
Tax ID/APN: |
193499.0000 |
Property Visibility: |
Excellent |
Feet of Frontage: |
26 |
Highway Access: |
I-275, I-75 |
Airports: |
TPA |
Site Description: |
Florida Commercial Group is pleased to present an opportunity to acquire and develop a commercial land site in bustling Downtown Tampa. Subject measures 26’ x 100’, is paved, enclosed and is situated immediately North of the intersection of Madison Street and Franklin Street. Zoned CBD-1, this zoning subdistrict is appropriate for CBD projects in areas with low-to mid-rise structures. Due to fire damage, this is a commercial re-build of a 2-story building, uses may include restaurant, café, bistro, lounge or martini bar. If building is higher than 2 stories, must verify with the City of Tampa as well as the Fire Marshal regarding building restrictions. This is an attractive site for countless commercial commerce types- a great location that may be renovated and built out as a courtyard to feature any type of DJ or live band concert venue, private parties, beer garden, bazaar or an open market. Special Events can do well here too.
Located in the heart of Downtown Tampa; this property boasts approximately 26’ of Franklin Street frontage and is situated directly between Ashley Drive and Florida Avenue. This location is also in direct proximity to main traffic arteries in the area, numerous highly traveled commerce routes and is surrounded by a myriad of rapidly growing commercial businesses and high-end residential development! You will also have immediate access to East Tampa, Ybor City, Channel District, South Tampa, West Tampa, Davis Island and Harbour Island. This is an amazing investment opportunity for an owner/ user or future development in growing Downtown Tampa. Call today for a property brochure. |
Lot Frontage: |
26 |
Lot Depth: |
100 |
Zoning Description: |
CBD-1 Tampa |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
19,086 |
111,756 |
263,182 |
Median Age: |
29.61 |
36.52 |
37.14 |
Households: |
8,230 |
47,338 |
107,780 |
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