1509 E Hillsborough Ave - Hospitality FOR SALE


Tampa, FL 33610- East Tampa
$4,250,000 USD
847-942-8165
1509 E Hillsborough Ave, Tampa, FL for Sale
$4,250,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

1509 E Hillsborough Ave
Tampa, FL 33610
East Tampa


HIGHLIGHTS

  • Great opportunity for ALF or redevelopment.

OVERVIEW

This is one of a few built out locations which has Commercial Intensive ( CI) zoning. Sits between the casino and Seminole Heights- this owner is not looking for CAP rate buyer, more for a redevelopment of this location given CI zoning is being slowly phased out of Hillsborough County. Plenty of room for apartments/ assisted living/ car wash/ open storage, Has ability to bring 3 phase power here

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$397 USD /SF

# OF ROOMS

21

PRICE/ROOM

$202,381 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Shaw's Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1952

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

CI

APN/PARCEL ID

A-06-29-19-4AW-000004-00007.0

ASK ABOUT THIS PROPERTY

Bryce BowdenSellstate Bay RealtyMore Info
847-942-8165

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Bryce BowdenSellstate Bay RealtyMore Info
847-942-8165

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