AVAILABLE: 2 Bar Portfolio Sale- Prime Tampa Locations

2003 E. 7th Avenue Tampa, FL 33605

2003 E. 7th Avenue, Tampa, FL, 33605
2003 E. 7th Avenue Exterior Photo
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FOR SALE
Property Type:
Free Standing Building
Amount:
$4,495,000
Last Verified:
Jun 09, 2021

Highlights

  • INVESTMENT HIGHLIGHTS
  • · Amazing frontage, visibility and access via 7th Avenue, 22nd Street and Interstate 4
  • · Located in an Opportunity Zone
  • · Highest and best use: Bar :: Bistro/ Restaurant
  • · Centrally located in the heart of bustling Ybor City
  • · Average HH income exceeds $49,031.08 within 3-Mile Radius
  • · Strong surrounding population of 53,851 residents within 3 miles of the property
  • · Neighboring businesses include: Columbia Restaurant, Valley Bank, Naviera Coffee
  • Mills, Hilton Gardens Inn- Ybor, Hillsborough County Sheriff’s Office and more

Description

The properties, known as Elmer’s Sports Café, a (2) Bar/ Restaurant portfolio, is a unique package of a long-standing business with real estate that is owner occupied, turn-key and ready for new ownership. The portfolio encompasses approximately 8,173 SF of total GBA and boasts over 260 feet of collective linear frontage along S. MacDill Avenue as well as 7th Avenue and includes folio numbers 197332-0000 & 134462-0000.
The Elmer’s Sports Café has been in Tampa for over 25 years and now the seller is offering an amazing opportunity to step into 2 locations at once (1 location is in bustling Ybor City- East Tampa and the 2nd location is in the growing Ballast Point- South Tampa area). The sale of both locations offers real-estate, thriving businesses with strong sales and operational history, FF&E, long-standing reputations, demonstrated good will as well as busy traffic counts, great visibility, robust demographics and easy access. Upon receipt of a signed non-disclosure agreement, all pertinent financial information will be available for your review. Here is a great opportunity for an investor or owner-user to acquire two existing operations that have a phenomenal neighborhood and community presence. If you’re an entrepreneur looking to grow equity in the metropolitan Tampa Bay area, inquire today for additional property details and a scheduled showing.

Now Available: Elmer’s Sports Café Portfolio, an assemblage of 2 owner occupied bars/ casual restaurants establishments located respectively along 7th Avenue in Ybor City and fronting S. MacDill Avenue in South Tampa- both turn-key and ready for a new owner. Together these properties are being offered as a portfolio sale only.
These 2 diligently maintained stores are located on bustling corridors and offer incredible signage and great visibility. Elmer’s, South Tampa sits a half mile South of the Gandy/ MacDill Intersection and Elmer’s, Ybor City sits 1/10th mile West of the N. 22nd Street and 7th Avenue intersection. Both properties are within immediate proximity of countless retail tenants, newly renovated and constructed condos and residential neighborhoods. Tampa International Airport is a quick 10-mile commute away from either property with Downtown Tampa sitting just 2 miles from the Ybor City location and 7 miles from the South Tampa location making them both convenient enough to Serve your customers’ needs.
Since 2017, Tampa, St. Petersburg, and Clearwater; also known as the Greater Tampa Bay Area has repeatedly ranked as one of the top 10 real estate markets in America. This rapidly expanding market is now a major hot spot for commercial and residential real estate investors. Current NOI available upon request with a signed non-disclosure agreement. Call Today for a Property Brochure!!!


Year Built: 1945
Building Size: 4173sq ft
Lot Size: 0.13 acres

Map of 2003 E. 7th Avenue, Tampa, FL, 33605

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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