3607 N Nebraska Ave Tampa, FL 33603
- Retail space
- 1,830 SF
- 0.31 lot acres
Current Use by Public Records
- Gene's & Legacy Lounge / Bar
Property Details for 3607 N Nebraska Ave
- Year built
- 1971
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.31 lot acres
- Property size
- 1,830 SF
- Zone code
- CG
- Property type
- Retail space
- APN
- A0729194MK000001000090
- APU
- A0729194MK000001000090
Description
This 1,830 square foot bar and restaurant space in Tampa, Florida, is ideally situated at the intersection of Nebraska Avenue and Baker Street, boasting 14,121 vehicles passing daily. Its prime location offers easy access to major roadways including Interstate 4, Interstate 275, and the Crosstown Expressway. The property benefits from high visibility due to its corner location with approximately 139 feet of frontage on Nebraska Avenue and corner-lit intersection. Surrounded by hotels, restaurants, entertainment, shopping, and public transportation, this space is perfect for a variety of businesses. The property includes on-site parking, a rear delivery door, and approximately 300 square feet of office/storage space. The wet-zoned property allows for a full liquor license, making it especially attractive to food and beverage establishments. Flexible build-out options cater to diverse business needs. Located in Ybor Heights, just 1.5 miles from downtown Tampa, this property offers a unique opportunity to thrive in a vibrant, artistic, and entrepreneurial community. The high traffic count and convenient location ensure excellent exposure and accessibility for any business.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $465,000
- ML approach
- $450,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $365,000
- 6.5%
- $335,000
- 7%
- $310,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $607,000
Market price range: $216k - $607k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $405,000 Current use
- MEDICAL BUILDING
- $495,000 Change: +22% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $475,000 Change: +17% Conversion: Moderate
- OFFICE BUILDING
- $465,000 Change: +15% Conversion: Easy
- AUTO REPAIR, GARAGE
- $355,000 Change: -13% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $350,000 Change: -14% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.4509
- Latitude
- 27.9776
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA