12233 N Florida Ave - Loft/Creative Space FOR SALE


Tampa, FL 33612
$2,999,000 USD
813-376-3386
12233 N Florida Ave, Tampa, FL for Sale
$2,999,000 USD
Loft/Creative Space - FOR SALE
1/31
null | Request Cap Rate

12233 N Florida Ave
Tampa, FL 33612


HIGHLIGHTS

  • Prime Location: Located in the heart of Tampa, FL in the Greater Carrollwood area, Mature Infill location. High traffic counts.
  • Building Size: 13,858 sq. ft. of versatile retail-office space across two stories on 1.72 Acres.
  • Construction: Built in 1989, renovated in 2013.
  • Zoning: PD-O (Planned Development - Office), suitable for various retail and office uses.
  • Parking: 56 spaces, 4.45 spaces per 1,000 sq. ft. Resurfaced parking lot.
  • Amenities: Multi-unit HVAC, elevator, bank vault, 3 drive through lanes. Located at signalized intersection.

OVERVIEW

Discover an exceptional investment or owner-user opportunity in the heart of Tampa Bay with this distinctive 13,858 SF Office-Retail building situated on 1.72 acres at a signalized intersection! Boasting an attractive brick exterior and appealing interior architectural features, this former bank location offers a unique blend of history and modern functionality. Renovated in 2013, the property includes a drive-thru and vault, making it ideal for an expanding branch or credit union location as well as many other retail and office uses. Its mature infill location and both single or multi-tenant usage make it a versatile option for savvy investors seeking a prime opportunity in the thriving Tampa Bay area, with high visibility and accessibility. Located in the desirable Greater Carrollwood area in Tampa, between Fletcher Ave and Fowler Ave, this former Wells Fargo building features a bank vault and 3 drive-through lanes. The second Floor was previously occupied by a medical tenant and law offices. The medical portion features medical buildout and an X-ray room. Future medical or pharmacy use will require a modification to the PD. The building boasts a total of 13,858 heated square feet of versatile retail space, spread across two stories, with average floor sizes of 6,929 square feet. Originally constructed in 1989 and renovated in 2013, the building combines modern amenities with classic architectural appeal. Zoned PD-O (Planned Development - Office), this property is suitable for a variety of retail and office uses. Ample parking is available with apx. 56 spaces, providing 4.45 spaces per 1,000 square feet. Situated at the intersection of E. 124th Ave. on highly trafficked N. Florida Avenue, the property benefits from direct exposure and excellent signage opportunities. Just 15 minutes from downtown Tampa, Westchase, and New Tampa, the location offers convenient access to major highways, including Interstate 275. The building is adjacent to a Tesla dealership, enhancing its visibility and attracting a high-end clientele. Other nearby businesses include car dealerships (BMW, Audi, Land Rover, Maserati, Chevrolet, etc), banks, restaurants, medical, schools, and various retail shops, creating a vibrant commercial environment. N. Florida Avenue is a major thoroughfare with significant daily traffic, ensuring a steady flow of potential customers. The high traffic volume enhances the visibility and accessibility of the retail space. The surrounding area is densely populated, with a diverse mix of residential and commercial properties. The population within a 1-mile radius is approximately 13,717, expanding to 318,000) within a 5-mile radius. This growing population base provides a substantial customer pool for retail businesses. The property is well-served by public transportation, making it easily accessible for both customers and employees. The traffic count is approximately 38,000 vehicles per day. This high volume of traffic ensures excellent visibility and accessibility for any retail or office business located at this prime address. Zoned PD-O (Planned Development - Office) and the site allows for 20 units per acre and a .75 FAR for redevelopment. FLU (Future Land Use) is OC-20- Office Commercial, and allows for commercial uses, office uses, mixed use developments and compatible residential. This property is not only a prime location for retail businesses but also a sound investment opportunity. The combination of high visibility, ample parking, and proximity to major commercial hubs makes this site an attractive choice for retailers looking to establish or expand their presence in Tampa. Don't miss out on this exceptional retail opportunity. Contact us today to schedule a viewing and explore the potential of 12233 N. Florida Ave. for your business or investment!

FOR SALE DETAILS

PRICE

$2,999,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Tampa Retail-Office Building/ Former Bank

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Bank, Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

PD-O, County

APN/PARCEL ID

U-12-28-18-10P-000000-00002.1

ASK ABOUT THIS PROPERTY

Kari GrimaldiGrimaldi Commercial Realty Corp.More Info
813-376-3386

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Kari GrimaldiGrimaldi Commercial Realty Corp.More Info
813-376-3386

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.