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34385195
34385196

1501 East 9th Avenue, Tampa, FL 33605 For Sale

JP
NY 10301210811
Northmarq NYC
Listed by Northmarq NYC
Unpriced
4 days on market
Updated 3 days ago

Historic Ybor Investment Opportunity

Details
Property Type Retail, Multifamily (+1)
Sub Type Apartment Building, Storefront (+1)
Square Footage 6,967
Net Rentable (SqFt) 6,967
Units 6
NOI $130,696
Occupancy 100%
Tenancy Multi
Lease Type Net
Rent Bumps Yes
Lease Options Commercial
Pro-Forma NOI $166,750
Class A
Year Built 1905
Year Renovated 2019
Buildings 1
Stories 2
Acreage 0.090
Zoning Property Zoning: YC-1 (Ybor City Central Commercial Core) | Flood Zone X (minimal hazard)
Investment Type Stabilized
Tenant Credit No Credit Rating
Ground Lease No
Sale Condition N/A

Historic Asset | Tampa, FL

Marketing description

Northmarq is pleased to present 1501-1505 E 9th Avenue, a fully stabilized mixed-use investment located in the heart of Historic Ybor City. The Property features approximately 6,967 SF of fully leased commercial and residential space and is positioned near Gasworx, the transformative 50-acre, 6 million SF redevelopment reconnecting Ybor City and Downtown Tampa.

Investment highlights

100% Leased Mixed-Use Investment | Stabilized residential and commercial income stream with diversified tenancy.

Fully Restored Historic Property | Significant capital improvements reduced near-term capital requirements.

Gasworx Growth Catalyst | Ybor City is being transformed by the 50-acre, 6 million SF master-planned redevelopment reshaping Tampa's urban core.

Historic Ybor City Location | Located just off iconic 7th Avenue, Ybor City's premier historic commercial corridor.

Urban Tampa Connectivity | Access to Downtown Tampa, Water Street, the TECO Streetcar, and surrounding employment centers.

Residential Density & Population Growth | Thousands of new residential units planned / under development within walking distance.

Listing Contacts

JP
NY 10301210811
Northmarq NYC
Listed by Northmarq NYC

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Loan Amount
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Annual Cash Flow
$130,696.00
$10,891.33/mo

Valuation Metrics

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