1001 Franklin StTampa, FL 33602

This exceptional 9,684 sq ft vacant building on a 5,460 sq ft lot in downtown Tampa presents a prime redevelopment opportunity. Located at 1001 N. Franklin St., this property boasts CBD-1 zoning with no FAR restrictions, allowing for medium to high-rise development. The two-story building, situated in an Opportunity Zone, is not designated as historic, eliminating renovation constraints. Its central location offers unparalleled access to a vibrant business environment, including major financial institutions, tech companies, and numerous dining and entertainment options. Nearby attractions such as the Tampa Riverwalk, Florida Aquarium, and Tampa Theatre draw significant foot traffic. The area's diverse population, including young professionals, families, and retirees, contributes to a high median household income of approximately $113,370 within a 0.3-mile radius. Excellent public transportation and proximity to major highways (I-275 and I-4) ensure convenient access. Several nearby parking garages and lots cater to various needs. The site is available for purchase or ground lease, offering a blank canvas for creative redevelopment projects in a rapidly growing downtown area with increasing property values. The adjacent Nine 15 Luxury High Rise Apartments, completed in 2024, exemplifies the area's ongoing development. This property offers significant potential for retail, office, or mixed-use development, capitalizing on Tampa's dynamic urban core. The building is vacant with an occupancy date of December 4, 2024.