4 Property Investment Portfolio- Ybor City, East Tampa
Mixed Use | 8,021 SqFt
Marketing description
Mixed-Use Portfolio for Sale – N. 15th Street | Ybor City / East Tampa. High-performing, income-producing mixed-use portfolio located along the N. 15th Street corridor in East Tampa near Ybor City with current annual pro forma of $87,600. Commercial building recently leased at $48,000 annually with two long-term residential tenants on month-to-month leases generating $18,000/year and $21,600/year. Adjacent vacant parcel provides potential for additional parking, storage, or future development. Significant value-add and redevelopment potential, including possibilities for retail, office, or mixed-use development in a rapidly emerging area.
Located in Ybor City – East Tampa, positioned between E. 21st Avenue and E. Lake Avenue, and N. Nebraska Avenue and N. 22nd Street. The property sits within both a Qualified Opportunity Zone and a Qualified HUBZone, offering potential long-term tax advantages. Features exceptional location with strong visibility and approximately 161 feet of frontage along N. 15th Street. Conveniently located 1½ miles east of the Interstate 275 on-ramp at Dr. Martin Luther King Jr. Boulevard, 1 mile from the Historic District of Ybor City, and 2.4 miles from Downtown Tampa. Traffic counts at N. 15th Street and E. 27th Avenue average approximately 4,300 AADT. Demographics within a 3-mile radius include a population of 127,238, with an average household income exceeding $81,008.
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