FREESTANDING RETAIL FOR SALE

7522 N Armenia Ave Tampa, FL 33604

7522 N Armenia Ave, Tampa, FL, 33604
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,500,000
Last Verified:
Nov 25, 2024

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Highlights

  • - 2,402 SF office building with potential for customization
  • - CG zoning allows for a variety of commercial and office uses
  • - Prime location in the Tampa-St. Petersburg-Clearwater area
  • - Ample parking space for employees and clients
  • - Easy access to major transportation routes for convenience
  • - Versatile layout suitable for a range of office uses
  • - Proximity to amenities and services for employee convenience
  • - Potential for value-add investment with renovation opportunities
  • - Well-maintained property with attractive curb appeal

Description

Unlock the potential of 7522 N Armenia Avenue, a versatile commercial property located in a high-traffic area of Tampa. This property offers excellent visibility and functionality, making it a valuable opportunity for entrepreneurs and investors with a vision for growth.
Currently, the property operates as Lulu’s Market, a convenience store serving the local community | U-Haul Moving Rentals
Property Features:
Functional interior layout:
Display walk-in freezer with glass doors, ideal for cold storage and product displays.
Two restrooms for customer and staff convenience.
Storage spaces to keep business operations organized.
Office space for administrative needs.
A small kitchen area, suitable for light food preparation or storage (no commercial hood system)
Outdoor area: A flexible outdoor space that can be used for seating, events, or expanded operations.
Detached storage building: Located at the rear of the property, currently used for storage but versatile for other purposes such as a workshop, additional office space, or extended operations.
Ample parking:
On-site parking with nearly 20 spots for customers and staff.
A dedicated back lot currently used for U-Haul parking, providing steady income or flexibility for other uses.
Endless Opportunities:
This property provides a blank canvas for creative business or development ideas. Potential opportunities include (Examples):
Continuing the convenience store: Maintain the existing business and leverage the established customer base.
Outdoor/indoor hookah bar or café: Transform the space into a vibrant social hub.
U-Haul income stream: Retain the U-Haul parking for consistent passive income.
Redevelopment potential: Consider demolishing the current structure to develop a new project.
Or any other creative development aligned with the area’s needs and zoning regulations

Prime Location, Unlimited Potential
Situated on a bustling Tampa corridor, 7522 N Armenia Avenue offers:
High visibility to passing traffic
Flexible zoning for diverse business types
Established customer base from the surrounding community
Potential for property value appreciation
Whether you're looking to continue an existing business, launch a new venture, or explore redevelopment options, this property presents a unique opportunity to bring your vision to life in a thriving Tampa location.
Neighborhood Characteristics:
The property is situated on a bustling corridor that benefits from high visibility and significant traffic flow. The surrounding area features a mix of residential and commercial developments, contributing to a vibrant community atmosphere. With ongoing developments nearby, such as new housing projects and amenities, the area is poised for continued growth.
Accessibility:
Conveniently located near major highways and public transportation options, this property offers easy access to downtown Tampa and surrounding suburbs. Tampa International Airport is also within a short drive, facilitating travel for business or leisure.
Driving Directions
To reach 7522 N Armenia Avenue in Tampa, FL 33604, from downtown Tampa, follow these directions:
Head north on N Tampa Street: Continue straight on N Tampa Street.
Turn left onto W Columbus Drive: Proceed west on W Columbus Drive.
Turn right onto N Armenia Avenue: Head north on N Armenia Avenue.
Arrive at 7522 N Armenia Avenue: The destination will be on your left.
Nearby Roads and Highways:
Interstate 275 (I-275): Located approximately 1.5 miles east of N Armenia Avenue, I-275 is a major north-south highway providing access to various parts of Tampa and connecting to I-4.
West Hillsborough Avenue (U.S. Route 92): Situated about 0.5 miles south, this east-west route offers connections to other major roads and neighborhoods.
West Waters Avenue: Approximately 1 mile north, this road runs parallel to Hillsborough Avenue and provides additional east-west access.
North Dale Mabry Highway (U.S. Route 92): Located about 1 mile west, this major north-south artery runs parallel to N Armenia Avenue and offers access to various commercial areas.

The property is located in the Egypt Lake-Leto Neighborhood.
Overview of Egypt Lake-Leto
Egypt Lake-Leto is a census-designated place (CDP) located in northwestern Hillsborough County, just 7 miles northwest of downtown Tampa. This diverse community offers a mix of residential neighborhoods and commercial districts, making it an attractive location for various residents.


Year Built: 1968
Building Size: 2402sq ft
Building Class: C
Lot Size: 0.54 acres


Documents

7522 N. Armenia Avenue (1).pdf

Map of 7522 N Armenia Ave, Tampa, FL, 33604

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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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.