1601 31St St Tampa, FL 33605

Property Details for 1601 31St St

Year built

1980

Property size

27,183 SF

Property type

Parking lots & garages

Description

This exceptional investment opportunity presents a 27,183 square foot, two-building garage and parking facility situated on a 27,183 square foot corner lot in Tampa, Florida. Built in 1980, the property boasts a single story design and is zoned IH, making it ideally suited for its current use and potential future development. The asking price is $1,100,000, translating to a price per square foot of $40.47. The property's strategic location in an industrial area, close to both Ybor City and downtown Tampa, offers excellent accessibility and high visibility. Currently operating as a thriving brake and alignment repair business for large trucks, this property presents a unique blend of income-generating potential and significant redevelopment possibilities. The property's substantial size and prime location within a bustling urban environment make it an attractive investment for both seasoned and emerging investors seeking a strong return on investment in a high-demand market. The property's existing business operations provide a stable income stream, while the zoning and location offer significant upside for future expansion or repurposing. This is a rare opportunity to acquire a well-established, income-producing asset in a rapidly growing area of Tampa.