811 Howard AveTampa, FL 33606

Property Details for 811 Howard Ave

Year built

1949

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.22 AC

Property size (Sq ft)

2,874 SF

Zone code

CG

Property type

Turn key restaurants

APN

A2629183OR000000000250

APU

A2629183OR000000000250

Description

This exceptional portfolio offers three strategically located restaurant properties in Tampa's vibrant SoHo district. The portfolio includes a thriving Thai restaurant at 811 S Howard Ave, a 1,597 square foot two-story duplex at 2206 W Bristol Ave (adjacent to the Thai restaurant and suitable for redevelopment as a parking lot), and a 2,624 square foot bar/restaurant with a four-COP license at 1500 W Cass St. The SoHo/Hyde Park area is a thriving hub of activity, boasting a high concentration of shops, restaurants, and entertainment venues, ensuring high foot and vehicle traffic. This prime location benefits from outstanding demographics and easy access to major roadways, including the Selmon Expressway, W Kennedy Blvd (SR 60), Bayshore Blvd, Dale Mabry, and I-275. The portfolio's proximity to the Westshore Business District, Downtown Tampa, and the University of Tampa further enhances its appeal. The Tampa-St. Petersburg Metro Area boasts a population of 2.9 million residents, making this a compelling investment opportunity in a dynamic and growing market. The 1500 W Cass St property, currently closed, holds a valuable four-COP license. The 2206 W Bristol Ave property presents a unique opportunity for expansion or additional parking. This portfolio presents a rare chance to acquire established and developable restaurant properties in one of Tampa's most desirable locations.

• CAP approach

  CAP return

  Valuation

  6%

  $1,594,546

  6.5%

  $1,471,889

  7%

  $1,366,754

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,322,694

  Geo Method

  $1,322,694

• Alternative Use

  Use

  Valuation

  Residential

  $1,241,594

  Hospitality

  $1,137,293

  Educational

  $946,214

  Medical

  $978,756

  Retail

  $1,471,889

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9354

Longitude

-82.4833

CBSA code

45300

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].