1221 E Dr Martin Luther King Jr Blvd - Office FOR SALE


Tampa, FL 33603- Ybor | 
$399,000 USD
813-940-0101
1221 E Dr Martin Luther King Jr Blvd, Tampa, FL for Sale
$399,000 USD
Office - FOR SALE
1/27
null | 12.51% Cap Rate

1221 E Dr Martin Luther King Jr Blvd
Tampa, FL 33603
Ybor


HIGHLIGHTS

  • High traffic along Dr. Martin Luther King Jr. Boulevard
  • Fully renovated freestanding commercial building
  • Flexible use potential for office, medical, or service businesses

OVERVIEW

The property sits on an approximately 6,750 SF lot and offers convenient front parking plus a large fenced rear yard, providing potential for additional parking or other uses subject to applicable zoning and municipal approvals. The combination of a compact, functional building and oversized lot creates flexibility for a variety of professional and service-oriented users. Ideal for an owner-user looking to control occupancy costs and build equity, or an investor seeking a renovated Tampa commercial asset with leasing and long-term appreciation potential. The property is positioned along a major Tampa thoroughfare with convenient access to surrounding neighborhoods, employment centers, Downtown Tampa, Ybor City, Seminole Heights, and major transportation routes. Located within an Opportunity Zone, adding another element of potential appeal for qualifying investors. The property is currently being marketed based on its real estate, location, improvements, and future income potential rather than historical operating performance. Exceptional opportunity to own a fully renovated, freestanding commercial property along the highly visible E. Martin Luther King Jr. Blvd corridor in Tampa. This turnkey property offers an efficient professional layout featuring two private offices, a renovated restroom, coffee bar, updated flooring, upgraded lighting, new windows, three mini-split HVAC systems, and a tankless water heater.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$528 USD /SF

CAP RATE

12.51%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Completely Renovated Freestanding Office

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

CG

APN/PARCEL ID

A-07-29-19-ZZZ-000005-88640.0

ASK ABOUT THIS PROPERTY

Taylor CresswellSellstate Coastal RealtyMore Info
813-940-0101

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Taylor CresswellSellstate Coastal RealtyMore Info
813-940-0101

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