For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

3109 N Ola Ave Tampa, FL 33603

For Sale
$775,000

Income-producing hostel with private and shared rooms, prime Tampa location.

Property size:
2,106 SF
Lot size:
0.07 Acres

Property Features for 3109 N Ola Ave

General Information

Size
2,106 SF
Lot size
0.07 Acres

Building Details

Year built
1945

Source: AGILE GROUP REALTY Agent CHIB ANDERSON

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Profitable Hostel in Tampa Heights

Gram's Place Bed and Hostel, Tampa's oldest hostel, presents an opportunity to own a piece of history. This income-producing property features 6 private rooms with ensuite baths, 6 traditional shared dorm rooms with shared baths, and 2 semi-private rooms. All rooms are air conditioned and have internet access. Guests have access to two full kitchens, cookware, plates, and silverware. The property includes a heated jacuzzi/spa patio deck, open seating, quiet areas with deck chairs, two countertops and stools, a stage for music performances, and laundry services. A secure fence surrounds the property, and coded locks are on all doors and entries. The property also features a pathway to a rooftop platform. Located in the rapidly growing Tampa Heights neighborhood, the property is across the street from Plymouth Playground park, which includes basketball courts, a picnic area, a baseball park, and a children’s playground. The family-run bed and hostel has been in continuous operation since 1991, catering to world travelers, businesspeople, couples, members of the LGBTQ community, families with children, artists, musicians, singers, songwriters, actors, painters, and poets. The commercial property is located 1 mile north of downtown Tampa, 0.5 miles from Armature Works and the Straz Performing Arts Center, 1.25 miles from the University of Tampa, 1.5 miles from Historic Ybor City, 2 miles from Downtown Riverwalk and Bayshore Blvd, 5 miles from Busch Gardens, and 2.5 miles from Raymond James Stadium. Riverside Heights provides an easy commute to all areas of Tampa and close to bridges to St Petersburg, Clearwater and Gulf Beaches. The hostel has potential for upcharges and additional income possibilities. Gram’s Place Bed and Hostel is named in honor of Singer/Songwriter Gram Parsons (1946-1973).
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Gram’s Place Bed ... Hostel Gram Parsons Foundation Non-Profit Organization

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Tampa
County
Hillsborough
State
Florida
Longitude
-82.4633603
Latitude
27.9731904

FAQs

What type of property is this?
Hostel - Income-producing hostel with private and shared rooms, prime Tampa location.
Where is this hostel located?
The property is located at 3109 N Ola Ave Tampa, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: - Income-producing property with established hostel business and potential for increased revenue.; - Prime location in the rapidly growing Tampa Heights neighborhood, close to downtown, Armature Works, and other key attractions.; - Unique music-themed hostel with a variety of room options, including private rooms with ensuite baths and shared dorms.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message