1007 N Franklin St - Storefront FOR SALE


Tampa, FL 33602- Waterfront Park
$3,490,000 USD
352-267-4244
1007 N Franklin St, Tampa, FL for Sale
$3,490,000 USD
Storefront - FOR SALE
1/9
null | Request Cap Rate

NEW


1007 N Franklin St
Tampa, FL 33602
Waterfront Park


HIGHLIGHTS

  • Prime Mixed-Use Commercial Building / Redevelopment Opportunity in the Heart of Downtown Tampa
  • Zoned CBD-1 (Central Business District) – City of Tampa, allowing for a wide range of high-density mixed-use development opportunities
  • Located within both an Opportunity Zone and Downtown Tampa CRA District, providing significant potential redevelopment and investment incentives
  • Strategically positioned along Historic Franklin Street, surrounded by transformative residential, hospitality, and commercial development activity
  • ±5,460 SF Site - *Potential to assemble adjoining parcels for an expanded development footprint - Existing ±15,878 SF 3-Story Commercial / Office BLD
  • Highly walkable urban location just minutes from the Tampa Riverwalk, Amalie Arena, restaurants, entertainment venues, and cultural attractions

OVERVIEW

Positioned in the heart of Downtown Tampa’s rapidly evolving urban core, this exceptional mixed-use commercial building and redevelopment opportunity offers investors and developers the chance to acquire a highly strategic asset along Historic Franklin Street. Surrounded by transformative residential towers, hospitality projects, and expanding commercial developments, the property is ideally situated within one of Tampa’s most dynamic growth corridors. The property consists of an approximately ±5,460 SF site improved with an existing ±15,878 SF three-story commercial/office building constructed of durable block construction. Zoned CBD-1 (Central Business District) within the City of Tampa, the site allows for a broad range of high-density mixed-use redevelopment opportunities including residential, hospitality, office, retail, and entertainment-oriented uses. Additionally, the offering presents the potential to assemble adjoining parcels, creating an expanded footprint for larger-scale future development. Located within both a designated Opportunity Zone and the Downtown Tampa Community Redevelopment Area (CRA), the property benefits from significant redevelopment and investment incentives that further enhance its long-term value potential. Directly across from Herman Massey Park, the property enjoys attractive park and green space views while offering immediate walkability to many of Downtown Tampa’s premier destinations including the Tampa Riverwalk, Amalie Arena, restaurants, entertainment venues, retail destinations, and cultural attractions. This is a rare opportunity to secure a highly visible urban redevelopment site in one of Florida’s fastest-growing and most sought-after downtown markets.

FOR SALE DETAILS

PRICE

$3,490,000 USD

PRICE/SF

$224 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mixed Use Building / Redevelopment Site

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1895

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

CBD-1

APN/PARCEL ID

A-13-29-18-4ZI-000008-00003.0

ASK ABOUT THIS PROPERTY

Chris PixleyFusilier Realty GroupMore Info
352-267-4244

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Chris PixleyFusilier Realty GroupMore Info
352-267-4244

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