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7819 N 56th St
Tampa, FL 33617

Retail Property For Sale

Investment Highlights

  • Situated in a QOZ
  • Fantastic value-add potential

Executive Summary

2 retail properties available for sale.
Prime opportunity to purchase along a highly trafficked corridor in the North East Tampa/ Temple Terrace area. This property has approximately 207' of frontage on N. 56th Street and is located in a highly sought-after commercial area that benefits from excellent exposure and heavy traffic flow of over 40,000 vehicles per day.  Zoned Commercial Neighborhood, this .44 AC property offers two tenant occupied building measuring 1,400 SF and 2,686 SF.  Surrounded by a bustling residential neighborhood, this property is minutes from USF, the Greater East Tampa area and Downtown Tampa.  Whether you are an established business or an investor looking to build your portfolio, don’t miss this opportunity to purchase this premier property! 
   
AREA 
Nearby National Retailers include: Winn -Dixie, Dollar General, Family Dollar, Firestone, 7-Eleven, Aaron’s Rent to Own, Sherwin- Williams Paint Store, Public Storage, U-Haul, Wendy’s, McDonald’s, Checker’s, Burger King, Firehouse Grill, Subway, Starbucks, Dunkin Doughnuts, CITGO, Mobil Gas Station, Shell Gas Station, USPS, Amscot, Western Union, MoneyGram, CVS and Walgreens. 
Major area destinations accessible from this site include Downtown Tampa, Tampa International Airport,  
Busch Gardens, Adventure Island, Seminole Hard Rock Casino, University of South Florida, Veteran’s Hospital, Advent Health Hospital and the Moffitt Cancer Center. 
 
7817 and 7819 N. 56th Street benefits from its proximity to community landmarks, thriving professional districts, entertainment venues, dining and shopping establishments and growing residential neighborhoods. 
Temple Terrace/ Riverhills Area has all the amenities of small-town Florida set within a buzzing metropolitan landscape.  
Here is a rare opportunity to get in on the rapid growth surge of this flourishing area!  
Situated between Busch Blvd. and Sligh Avenue, directly on N. 56th Street, this location offers easy access to Hillsborough Avenue, Temple Terrace Hwy., US Hwy. 301 and Interstate 75 as well as a short commute to Tampa International Airport, Downtown Tampa, Westshore, South Tampa, The Channel District and Historic Ybor City. 
Within a 3-mile radius of this site, approximately 99,254 people with an average age of 38 and the HH income is over $63,979/ 
INVESTMENT HIGHLIGHTS
- Outstanding (3 lots/ 2 folios), .44-acre site for redevelopment or re-purpose opportunity
- Highest and best use: commercial development site or keep as current retail investment/ income generating
- Retail Investment opportunity- bldgs.. & tenants in place
- Tremendous development potential including but not limited to retail, office or mixed- use development
- EXCELLENT LOCATION- Strong visibility and frontage directly on N. 56th Street
- Approximately 207 feet of N. 56th Street frontage
- Minutes from East Tampa, Downtown Tampa, Temple Terrace, USF and the Greater Eastern Hillsborough
County area
- Fantastic value-add potential
- Located immediately south of the Hillsborough River at N. 56th Street and Puritan Road
- Immediate access to Hillsborough Avenue via 56th Street
- 5 minutes (approx.) to E. Hillsborough Avenue
- 3 minutes to Busch Blvd.
- 3.2 miles west of Interstate 4 on ramp at Orient Road
- 40,000 +/- AADT at N. 56th Street and Puritan Road- HIGH TRAFFIC LOCATION
- Major area destinations accessible from this site include Downtown Tampa, Tampa International Airport,
Busch Gardens, Adventure Island, Seminole Hard Rock Casino, University of South Florida, Veteran’s Hospital, Advent Health Hospital, Moffitt Cancer Center
- Situated in a QOZ
- 2020 Total Population | 15,771 - 1 Mile | 99,254 - 3 Mile | 267,794 - 5 Mile

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,116 SF
Building Class
B
Year Built
1982
Price
$1,102,151 CAD
Price Per SF
$521 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.25 AC
Zoning
CN
Parking
10 Spaces (4.73 Spaces per 1,000 SF Leased)
Frontage
114 ft on 56th St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
U-27-28-19-1KM-000000-00026.1
Land Assessment
$116,937 CAD
Improvements Assessment
$190,240 CAD
Total Assessment
$307,178 CAD
  • Listing ID: 32542614

  • Date on Market: 2024-07-22

  • Last Updated:

  • Address: 7819 N 56th St, Tampa, FL 33617

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