2408 W Kennedy Blvd - Restaurant FOR SALE


Tampa, FL 33609- SoHo
$3,450,000 USD
813-335-5893
2408 W Kennedy Blvd, Tampa, FL for Sale
$3,450,000 USD
Restaurant - FOR SALE
1/3
null | Request Cap Rate

2408 W Kennedy Blvd
Tampa, FL 33609
SoHo


HIGHLIGHTS

  • Prime location on W. Kennedy Blvd with ±40,000 VPD traffic exposure in South Tampa.
  • Former restaurant space — turnkey opportunity for rapid re-tenanting or repositioning.
  • Wet-zoned property approved for alcohol sales with flexible leasing potential.
  • On-site parking available — an uncommon advantage along this corridor.
  • New roof installed in 2024; vacant and ready for immediate occupancy.
  • Average household income of $179,516 within a 1-mile radius.

OVERVIEW

Positioned along W. Kennedy Boulevard in South Tampa, this property offers a highly visible investment opportunity on one of the area's primary east-west commercial corridors, benefiting from traffic counts of approximately 40,000 vehicles per day. The location provides direct exposure to a dense mix of office, retail, and residential development and is situated near the Westshore Business District, one of Tampa's most active employment and business centers. The former restaurant configuration presents a turnkey opportunity for an owner-user, investor, or developer seeking immediate occupancy, repositioning potential, or income generation. The property is wet-zoned and approved for alcohol sales, providing flexibility for restaurant, hospitality, entertainment, or other commercial uses. Prominent street frontage supports strong signage visibility, while on-site parking offers a valuable convenience that is increasingly difficult to find along this corridor. The asset benefits from convenient access to major transportation routes and Tampa International Airport, supporting connectivity throughout the Tampa Bay region. Strong daytime activity generated by nearby employers, combined with surrounding residential density and household incomes averaging approximately $179,516 within a one-mile radius, contributes to a consistent customer and workforce base. Recent capital improvements include a new roof installed in 2024, helping reduce near-term maintenance requirements. Vacant and available for immediate occupancy or custom build-out, the property offers flexibility for a variety of business and investment strategies while providing long-term value in one of Tampa's most established commercial corridors.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$547 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Blue Penguin Barber Shop

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,336 SF

ZONING

CG

APN/PARCEL ID

A-23-29-18-3OF-000001-00003.0

ASK ABOUT THIS PROPERTY

Connor KnauerMatthews Real Estate Investment ServicesMore Info
813-335-5893

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Connor KnauerMatthews Real Estate Investment ServicesMore Info
813-335-5893

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