$4,100,000
$4,200,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
14,875 SqFt
SOLD DATE : 04/18/2024
Key Details
Sold Price $4,100,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 14,875 sqft
Price per Sqft $275
Subdivision East Bay Add
MLS Listing ID T3440409
Sold Date 04/18/24
HOA Y/N No
Originating Board Stellar MLS
Year Built 1959
Annual Tax Amount $14,926
Lot Size 1.190 Acres
Acres 1.19
Lot Dimensions 325x180
Property Description
One or more photo(s) has been virtually staged. Florida Commercial Group presents 3605- 3615 E. 7th Avenue. This property consists of a 4-building portfolio of 5 available spaces. Ready for occupancy is an oversized warehouse and 2 office buildings, one of which features an adjoined warehouse space. The entire property has been completely renovated from top to bottom and spans 1.19 acres offering 255’ of direct frontage and signage on east 7th Avenue.
A rare investment potential or owner/ user opportunity, this property offers many occupancy options: a new owner may occupy both offices and warehouses, or all of the buildings may be leased out individually or as a collective, or the owner may occupy part of the property and lease out the remaining buildings. The choice is yours. There is plenty of onsite parking and the entire property is fenced. The IG zoning of this property provides excellent flexibility for distribution, manufacturing, mixed use, a workshop and or storage.
Included in the purchase of this unique industrial package is Building A: 3,432 SF and currently tenant occupied by a long-standing Bakery tenant. This tenant signed their NNN lease in 2017 for 15 years with 3% yearly increases.
Building B offers a move-in ready, oversized, 6k SF newly renovated, high- end office with all the bells and whistles. There is plenty of natural lighting throughout and lots of office suites for staff or private workspaces. This building features top quality, full renovations to the kitchen and offices. There is also a gym onsite along with updated restrooms and private showers. Affixed to this office at the rear of building B is a 1K SF warehouse that may be used in conjunction with the 6k SF office.
Located at the back of the property and adjoining building B is a 4K SF warehouse considered building C. This building boasts +33’ ceiling heights and 2 grade level roll up doors. A wide-open layout and is also move-in ready.
Directly across from building C is building D, a fully renovated 2K SF office building that is move-in ready and boasts 3-4 offices, a kitchen/ breakroom and plenty of onsite parking. The current owner can vacate at the close of purchase allowing an investor to select a new tenant at market rate and terms or to allow for an owner/ user to grow their assets and operate their own facility. Florida Commercial Group can stay on as property manager for the new owner. Both office buildings are fully furnished. Call today for a showing and additional details.
Location
State FL
County Hillsborough
Community East Bay Add
Zoning IG
Interior
Heating Central
Cooling Office Only
Appliance Dishwasher, Microwave, Refrigerator
Exterior
Garage Parking Spaces - 19 to 30
Utilities Available Electricity Available, Phone Available, Public, Sewer Nearby, Telephone Nearby
Waterfront false
Building
Lot Description Corner Lot, City Limits, Near Public Transit, Near Railroad Siding, Special Taxing District, Street Lights, Paved
Story 1
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Block,Metal Frame,Metal Siding
New Construction true
Others
Ownership Corporation
Special Listing Condition None
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Bought with IMPACT REALTY TAMPA BAY
Ani Palaus
Agent License ID: SL3527257
I'm Ani Palaus, your expert in Tampa Bay Coastal properties. From luxurious beachfront homes to charming coastal cottages and stunning waterfront condos, I have the experience to find your dream property. With my deep knowledge of the local market, I'll provide valuable insights and guide you through a seamless buying or selling process. Whether you're a first-time buyer or a seasoned investor, I’m here to help you achieve your real estate goals with exceptional service and dedication.