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Property profile & analytics
FOR LEASE
Commercial real estate

1517 E 5Th Ave Tampa, FL 33605

2,710 SF
Property ID
US18-8071437
Property summary
AI-generated overview

This exceptional 2,710-square-foot mixed-use property in Tampa's vibrant Historic Ybor City is a unique investment opportunity. Located on three contiguous lots totaling 9,975 square feet, this adaptive reuse warehouse boasts soaring ceilings, walls of glass, and abundant natural light. A full kitchen with stainless steel appliances and granite countertops is perfect for entertaining, while an upstairs office loft offers privacy and includes a large walk-in closet and modern bathroom with dual vanities. The building meets or exceeds current hurricane codes, featuring highly rated insulation and hurricane shutters. The fully fenced and gated property offers ample off-street parking, ideal for large gatherings. Two open lots provide a tranquil urban oasis with an existing urban garden and patio. The versatile space is suitable for various uses, including an art gallery, wine bar, beer garden, or event space. Two separate HVAC units ensure energy efficiency. The property benefits from the YC-6 zoning designation, allowing for residential, commercial, hospitality, and multi-family uses. Zero lot line development zoning maximizes the potential for future expansion. Its location in an Opportunity Zone offers attractive investment strategies. The nearby Centro Ybor Parking Garage provides convenient parking. The property was renovated in 2005 and has been occupied since February 1, 2022. The asking price is $2,300,000.

Property profile
Verified
Property type Commercial real estate
Total area 2,710 SF
UPID US18-8071437
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Celebrity Cigar (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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