This former 15,022 SF freestanding drug store (Walgreens) is situated on a 84,366 SF (1.94 Acre) CG (Commercial General) zoned lot at the lighted intersection of Nebraska Ave and Dr Martin Luther King Jr Blvd which enjoys a combined traffic count of 35,000 VPD (both streets). The interior of the structure features high ceilings of approximately 20 ft and column spacing of 35 ft and has a covered drive through lane and ample 3-phase power. The building as also fully fire sprinklered. The site features excellent access from both Dr Martin Luther King and Nebraska Ave and boasts 67 parking spaces. Preliminary site plan approval for a Live Local redevelopment yielded a probable site plan of 230-250 units with 7 story height limit after a zoning & comprehensive plan change. The property sits within an Opportunity Zone, and, given the scope of the potential project, a doubling of basis would be easy to achieve. ** Also available for leaseLocated on N. Nebraska Avenue and E. Martin Luther King, Jr. Blvd. and close to I-275 and I-4, offering easy access to surrounding areas, including downtown.
Listed By
Agency Name: BAY STREET COMMERCIAL LLC
Agency Contact: 813-254-6756
Shown By
Agency Title: Florida Executive Realty
Agency Phone: 813-632-9452
3917 N Nebraska Avenue | MLS# TB8345181
This commercial property located at 3917 N Nebraska Avenue, Tampa, FL 33603 is currently listed for sale with an asking price of $6,200,000. Search Tampa real estate on www.floridaexecutiverealty.com today.