1901 2Nd AveTampa, FL 33605

Property Details for 1901 2Nd Ave

Year built

1939

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.16 AC

Property size (Sq ft)

4,170 SF

Zone code

IG

Property type

Retail properties

APN

A1829194WQ000019000060

APU

A1829194WQ000019000060

Description

This 3,922 square foot freestanding building at 1901 E 2nd Ave, Tampa, FL 33605, is available for lease. Located in Hillsborough County, this single-tenant property offers a flexible space ideal for various uses, including office, retail, or restaurant. The building boasts a completely renovated interior, featuring terrazzo floors, updated electrical systems, a new roof, fresh paint, and new front doors. It also includes 13-foot ceilings, some on-site parking, partially fenced grounds, and rear outside storage. Its prime location, a half-block north of Adamo Drive at the 2nd Avenue/19th Street intersection, ensures high visibility and traffic. The open layout provides adaptability for diverse businesses. The IG zoning allows for a wide range of uses, including workshop, light distribution, light manufacturing, mixed-use, satellite site, or expansion space. Renovations are expected to be complete in the fourth quarter of 2024. This property presents a fantastic opportunity for small businesses seeking retail, office, or storage space in a highly accessible and visible location. The building's previous use as an architect's office suggests its suitability for a variety of professional services. The ample space and flexible zoning make it an attractive option for businesses needing a versatile and well-maintained workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $1,265,539

  6.5%

  $1,168,190

  7%

  $1,084,748

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,919,149

  Geo Method

  $1,919,149

• Alternative Use

  Use

  Valuation

  Residential

  $985,412

  Hospitality

  $902,632

  Educational

  $750,979

  Medical

  $776,807

  Retail

  $1,168,190

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9565

Longitude

-82.4378

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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