5401 Waters Ave, Tampa, FL 33634-1219

This 5,140-square-foot building, situated on a 1.04-acre corner lot in Tampa, Florida, presents a compelling redevelopment opportunity. Formerly a bank, the property has undergone significant renovations, resulting in a flexible, open floor plan adaptable to various commercial uses. Its location on W. Waters Avenue, a major east-west thoroughfare boasting 45,000 average daily traffic (ADT), ensures exceptional visibility and high traffic exposure. The elevated corner lot provides unobstructed views and allows for prominent pylon signage. The property benefits from its proximity to numerous amenities, including hotels, an AMC cinema, restaurants, a shopping mall, and retail shops, all within a half-mile radius. Convenient access to major roadways such as the Veterans Expressway, I-275, I-4, and Dale Mabry Highway, as well as its location within a 10-minute drive (two exits) of Tampa International Airport, further enhances its appeal. The surrounding area boasts a strong daytime population, with over 139,100 employees within a 5-mile radius. This property is zoned Commercial - M and is located in the North Airport Redevelopment Area, where multiple grants may be available. The asking price is $2,495,000. This is an exceptional opportunity for investors seeking a high-visibility, high-traffic location with significant redevelopment potential.