3601 E Busch Blvd Tampa, FL 33612

Property Details for 3601 E Busch Blvd

Year built

1978

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.20 lot acres

Property size

5,242 SF

Zone code

CG

Property type

Retail space

APN

A20281945WG00000000010

APU

A20281945WG00000000010

Description

This exceptional two-story commercial building presents a unique investment opportunity in Tampa, Florida. Located directly across from the main entrance of Busch Gardens Theme Park, at 3601 E Busch Blvd, this property boasts a prime location with high visibility and significant daily traffic exceeding 55,000 vehicles. The 5,480 square foot building sits on a 23,000 square foot lot and features a mixed-use zoning designation. The first floor offers 2,500 square feet of retail or office space, while the second floor provides an additional 2,500 square feet adaptable to retail, office, or residential use. The property includes private parking and a fenced rear area with a one-car garage. A significant advantage is the grandfathered-in signage, providing excellent branding opportunities. The building's current pro-forma NOI is $130,000, resulting in an 8.15% pro-forma cap rate. The asking price is $1,595,000, translating to $291.06 per square foot. Owner financing may be considered. This is a rare opportunity to acquire a well-positioned, versatile property in a high-demand location with substantial growth potential. The property is zoned for mixed use, offering flexibility for a variety of business ventures.

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Longitude

-82.4195

Latitude

28.0323

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments