Scottish Rite Property

5500 Memorial Hwy Tampa, FL 33634

Exterior Front

FOR SALE

Property Type:

Other Hospitality

Amount:

$11,000,000

Last Verified:

May 30, 2024

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Highlights

Beautiful Waterfront Site
Prime for Multi-Family Development
Clear Land - Ready for Building Demolition
Great location in the Tampa Bay MSA
39,500 AADT on Memorial Highway
Quick access to the Veterans Expy/SR60/I275 thoroughfares
3.9 Miles from Tampa International Airport

Description

Introducing a remarkable investment opportunity at 5500 Memorial Hwy in Tampa, FL. The value of the property is is in the land. Almost ten acres of flat buildable property with Sweetwater Creek running along the western and southern portions of the parcel providing a very attractive outlook. The future land use is R20 making this an ideal property for multifamily development.

This area offers an ideal blend of business and leisure, with nearby access to Tampa International Airport, providing convenient travel connections. From cultural attractions such as the Tampa Museum of Art and the Straz Center for the Performing Arts, to the thriving dining and entertainment scene at Armature Works and Riverwalk, this location offers an enticing mix of opportunities for both work and play. With its strategic position in this dynamic city, the property presents an excellent investment opportunity with easy access to major highways making travel to and from this property easy.

Year Built: 1973

Building Size: 43066sq ft

Building Class: B

Lot Size: 8.46 acres