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2124 S 78TH ST Tampa, FL 33619
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Key Details
Sold Price $520,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $257
Subdivision South Tampa Sub
MLS Listing ID T3302102
Sold Date 01/07/22
Construction Status Financing
HOA Y/N No
Year Built 1977
Annual Tax Amount $6,266
Lot Size 0.460 Acres
Acres 0.46
Property Description
This 2,016 SF convenience store (price does not include business) sits upon a 20,000 SF lot which is currently contiguous and combined with an additional 2.34 M.O.L acre lot (for a total of 2.8 acres) on busy 78th Street. The site is located in the heart of Claire Mel across from a very active house of worship and amidst a dense residential population. The property has excellent parking, additional storage opportunity, room for expansion and excellent visibility and signage with exposure to almost 20,000 cars per day. No historical c-store sales data will be available. There is currently a tenant on site paying $2400 per month plus sales tax gross for c-store and paved parking area only and the lease term runs through April 1, 2024. Additional covered area adjacent to the store can be leased to increase income and has been rented for food trucks, car detailing and fruit stands over the years.
* Pricing Notation - PLEASE READ CAREFULLY * - The entire subject parcel is a total of 121,899 SF (approximately 2.8 acres of land) and shall be separated as needed. The convenience store building is being offered with a 20,000 SF demised portion of this land at $349,000 and will be separated from the larger parcel through a parcel certification (separation) at seller's expense.
The remaining land (approximately 101,899 SF or 2.34 acres) is also zoned BPO and has a Future Land Use of Residential 9 (.35 FAR). Potential use for this "excess" land is a 50,949 SF residential development of 21 units or a potential commercial office development totaling 35,664 SF of building and is available for $250,000.
** All totals are maximum estimated based upon land use and subject to site plan approval
Located in the Palm River / Clair Mel area of Tampa just west of Falkenburg Rd and I-75 and south of the Selmon Expressway, offering easy access to surrounding areas.
Location
State FL
County Hillsborough
Community South Tampa Sub
Zoning BPO
Interior
Cooling Central Air
Building
Story 1
Foundation Slab
Lot Size Range 2 to less than 5
Structure Type Block
New Construction false
Construction Status Financing
Others
Ownership Other
Special Listing Condition None
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Bought with BAY STREET COMMERCIAL LLC