Property profile

1609 E 7Th Ave Tampa, FL 33605

FOR LEASE
Bars & Pubs
Property ID
US18-7446108
7,770 SF 0.15 ac lot Built 1918
Individually Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property at 1609 E 7th Ave, Tampa, Florida is a commercial space in the core of Ybor City, totaling approximately 6,586 SF of open-shell area configured with high ceilings and an open architectural layout. It is zoned YC-1, which permits retail, food and beverage, office, and entertainment uses. The building has an insulated roof and the space offers potential for expansion to an approximately 12,500 SF second-floor configuration. The property also has potential for balcony and open-air frontage, and it is situated about one block from a public parking garage, with additional nearby private lots. The site is positioned along 7th Avenue near the Gasworx redevelopment project and is within minutes of downtown Tampa and major roadways including I-275 and I-4; historically, it was used as the Amphitheatre nightclub for more than 15 years.

Property profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1918
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,770 SF
Lot 0.15 ac (6,650 SF)
Zoning code YC-1
APN A18291950N000057000040
UPID US18-7446108

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Theater & Performing Art Venue
  • Marketing & Advertising

Location

1609 E 7Th Ave Tampa, FL 33605
Tampa metro Census 14200 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2007
7 recorded transactions
2007
$1.3M
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

YC-1 · Tampa, FL
Zoning description

This subdistrict comprises the cultural, social, shopping and service heart of the Ybor City Historic District, the regulations are intended to preserve and enhance its touristic, cultural and economic functions by prese…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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