7522 N Armenia Ave - Freestanding FOR SALE


Tampa, FL 33604- Egypt Lake
$1,500,000 USD
813-935-9600
7522 N Armenia Ave, Tampa, FL for Sale
$1,500,000 USD
Freestanding - FOR SALE
1/28
null | Request Cap Rate

7522 N Armenia Ave
Tampa, FL 33604
Egypt Lake


HIGHLIGHTS

  • High Traffic Visibility
  • Investment Opportunity
  • Directly on N. Armenia Avenue
  • Ample Parking
  • Accessibility
  • Established Community

OVERVIEW

Prime Investment Opportunity Unlock the potential of 7522 N Armenia Avenue, Tampa, FL 33604 a versatile commercial property located in a high-traffic area of Tampa. This property offers excellent visibility and functionality, making it a valuable opportunity for entrepreneurs and investors with a vision for growth. Current Onsite Uses: Convenience Store (Lulu's Market), U-Haul Moving Rentals, Barbershop, Deli, and Food Truck Property Features: Functional interior layout: Display walk-in freezer with glass doors, ideal for cold storage and product displays. Two restrooms for customer and staff convenience. Storage spaces to keep business operations organized. Office space for administrative needs. A small kitchen area, suitable for light food preparation or storage (no commercial hood system) Outdoor area: A flexible outdoor space that can be used for seating, events, or expanded operations. Detached storage building: Located at the rear of the property, currently used for storage but versatile for other purposes such as a workshop, additional office space, or extended operations. Ample parking: On-site parking with nearly 20 spots for customers and staff. A dedicated back lot currently used for U-Haul parking, providing steady income or flexibility for other uses. Endless Opportunities: This property provides a blank canvas for creative business or development ideas. Potential opportunities include (Examples): Continuing the convenience store: Maintain the existing business and leverage the established customer base. Outdoor/indoor hookah bar or café: Transform the space into a vibrant social hub. U-Haul income stream: Retain the U-Haul parking for consistent passive income. Redevelopment potential: Consider demolishing the current structure to develop a new project. Or any other creative development aligned with the area’s needs and zoning regulations Investment Highlights Prime Location, Unlimited Potential Situated on a bustling Tampa corridor, 7522 N Armenia Avenue offers: High visibility to passing traffic Flexible zoning for diverse business types Established customer base from the surrounding community Potential for property value appreciation Whether you're looking to continue an existing business, launch a new venture, or explore redevelopment options, this property presents a unique opportunity to bring your vision to life in a thriving Tampa location. Neighborhood Characteristics: The property is situated on a bustling corridor that benefits from high visibility and significant traffic flow. The surrounding area features a mix of residential and commercial developments, contributing to a vibrant community atmosphere. With ongoing developments nearby, such as new housing projects and amenities, the area is poised for continued growth. Accessibility: Conveniently located near major highways and public transportation options, this property offers easy access to downtown Tampa and surrounding suburbs. Tampa International Airport is also within a short drive, facilitating travel for business or leisure. Driving Directions To reach 7522 N Armenia Avenue in Tampa, FL 33604, from downtown Tampa, follow these directions: Head north on N Tampa Street: Continue straight on N Tampa Street. Turn left onto W Columbus Drive: Proceed west on W Columbus Drive. Turn right onto N Armenia Avenue: Head north on N Armenia Avenue. Arrive at 7522 N Armenia Avenue: The destination will be on your left. Nearby Roads and Highways: Interstate 275 (I-275): Located approximately 1.5 miles east of N Armenia Avenue, I-275 is a major north-south highway providing access to various parts of Tampa and connecting to I-4. West Hillsborough Avenue (U.S. Route 92): Situated about 0.5 miles south, this east-west route offers connections to other major roads and neighborhoods. West Waters Avenue: Approximately 1 mile north, this road runs parallel to Hillsborough Avenue and provides additional east-west access. North Dale Mabry Highway (U.S. Route 92): Located about 1 mile west, this major north-south artery runs parallel to N Armenia Avenue and offers access to various commercial areas. The property is located in the Egypt Lake-Leto Neighborhood. Overview of Egypt Lake-Leto Egypt Lake-Leto is a census-designated place (CDP) located in northwestern Hillsborough County, just 7 miles northwest of downtown Tampa. This diverse community offers a mix of residential neighborhoods and commercial districts, making it an attractive location for various residents. Amenities and Recreation Things to Do: Egypt Lake Park Al Lopez Park Lowry Park Zoo Raymond James Stadium Dining and Shopping: Diverse restaurant options Local favorites like Burger Culture Multiple shopping centers Education and Services Schools: Crestwood Elementary School Egypt Lake Elementary School Twin Lakes Elementary School Pierce Middle School Healthcare: AdventHealth Carrollwood (primary hospital) Don't miss this chance to invest in a property with proven income potential and room for growth. Schedule a private tour today and explore the possibilities that await at 7522 N Armenia Avenue!

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$375 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

CG

APN/PARCEL ID

A-27-28-18-164-000001-00010.0

ASK ABOUT THIS PROPERTY

Tina Marie EloianFlorida Commercial GroupMore Info
813-935-9600

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Tina Marie EloianFlorida Commercial GroupMore Info
813-935-9600

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