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23216707
23216708

1880 E Palm Ave, Tampa, FL 33605

Berkshire Hathaway HomeServices Florida Properties Group Wesley Chapel
Listed by Berkshire Hathaway HomeServices Florida Properties Group Wesley Chapel
$1,500,000
372 days on market
Updated 21 days ago

METRO MARKET

Details
APN A-18-29-19-863-000000-CU001.0
Property Type Business for Sale, Mixed Use (+1)
Sub Type Convenience Store, Storefront (+1)
Square Footage 1,980
Net Rentable (SqFt) 1,980
Units 1
Cap Rate 9.64%
NOI $163,800
Occupancy 100%
Tenancy Single
Broker Co-Op Yes
Class A
Year Built 2001
Year Renovated 2023
Buildings 1
Stories 1
Zoning C2
Parking Spaces spaces
Investment Type Value Add
Ground Lease No
Ownership FEE SIMPLE

Real Estate + Business | Prime Ybor Retail | Turnkey Opportunity | 10.92% CAP | 1,980 SF

Marketing description

Commercial Building & Business for Sale in Ybor City – Turnkey Opportunity in a Booming District

This is a rare opportunity to own both a commercial property and a fully operational business in the heart of Tampa’s vibrant and historic Ybor City. Offered as a package deal, this 1,980 SF retail condo includes a profitable convenience store, smoke shop, and liquor store—a true one-stop shop for locals and tourists alike.

Located within The Quarter at Ybor, a high-demand mixed-use condominium complex with near 100% residential occupancy, this space offers unmatched built-in clientele, strong foot traffic, and unbeatable visibility.

Key Features:

  • Fully Equipped & Turnkey: Stylish and functional retail buildout with custom lighting, walk-in coolers, display shelving, and POS systems. Just step in and start operating.

  • One-Stop Shop: Business includes convenience items, tobacco products, alcohol sales, and general sundries—all under one roof.

  • Integrated Client Base: Built into a residential condo complex with steady foot traffic from residents, surrounding developments, and the bustling Ybor nightlife scene.

  • High Visibility Location: Street-level unit along Palm Avenue—highly trafficked and easily accessible.

  • Flexible Use Layout: Spacious open floor plan with small office in the rear, utility sinks, storage areas, and adaptable retail configuration for a range of uses—bar service, café, urban market, or quick-serve restaurant.

  • Modern Urban Retail Condo: Part of one of Ybor’s premier developments, The Quarter at Ybor, which continues to attract new residents and commercial tenants.

  • Opportunity Zone Designation: Positioned within a federally recognized Opportunity Zone, offering long-term tax advantages for qualified investors.

  • Explosive Growth & Redevelopment: Ybor City is undergoing a transformation with millions being invested in new apartments, upscale dining, entertainment venues, and commercial infrastructure. Neighboring projects like Gas Worx are reshaping the district into a high-demand live-work-play destination.

This commercial condo isn’t just real estate—it’s a strategic business opportunity with immediate income and future growth potential. The surrounding neighborhood is rapidly evolving, attracting developers and investors from across the country. Whether you're looking to take over a thriving retail operation or reimagine the space for a new concept, this Ybor location delivers the exposure, versatility, and energy to support your vision.

Don’t miss your chance to invest in one of Tampa’s most historically rich—and fastest growing—districts. Call today to schedule your private tour.

Investment highlights

Strong 10.92% Cap Rate with $163,800 NOI, offering immediate cash flow and attractive investor returns. Owner-operated with additional upside through improved management, expansion, or repositioning.

Real Estate & Business Included

Sale includes fee-simple ownership of a 1,980 SF retail condo plus an operating convenience store, smoke shop, and liquor store—all fully equipped and income-producing.

Turnkey, One-Stop Shop

Fully operational business featuring custom lighting, walk-in coolers, retail shelving, utility sinks, and a small office space—ready for immediate takeover or expansion.

Prime Ybor City Location

Located in the heart of historic Ybor City, one of Tampa’s most dynamic and culturally rich districts, surrounded by nightlife, tourism, and new development.

Built-In Customer Base

Situated within The Quarter at Ybor, a sought-after condo community that maintains near-full residential occupancy, providing steady, recurring foot traffic.

High Visibility & Accessibility

Street-level frontage on Palm Avenue offers unmatched exposure to pedestrians and passing vehicles, plus easy access to major roadways and public transit.

Flexible Layout for Multiple Uses

Open floor plan supports conversion to retail, bar/lounge, café, or quick-serve restaurant. The existing layout allows for streamlined operations or creative repositioning.

Opportunity Zone Advantage

Located in a federally designated Opportunity Zone, offering potential tax benefits for qualifying investors.

Explosive Market Growth

Surrounded by new and upcoming residential, retail, and entertainment developments, Ybor is undergoing a renaissance with significant capital inflows and increasing demand for urban lifestyle amenities.

Listing Contacts

Berkshire Hathaway HomeServices Florida Properties Group Wesley Chapel
Listed by Berkshire Hathaway HomeServices Florida Properties Group Wesley Chapel

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$163,800.00
$13,650.00/mo

Valuation Metrics

0
DSCR
10.92%
Cap Rate
10.92%
ROI

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Additional Information

Name
Madlena McAllister
License
SL3433083
Brokerage
Berkshire Hathaway HomeServices Florida Properties Group
Brokerage Phone
8138621982
Title
Listing Broker/Agent
Brokerage Address
26771 Florida 56
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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