Prime Retail opportunity with Seller Finance- Busy Hillsborough Ave.

1002 E Hillsborough Ave Tampa, FL 33604

1002 E Hillsborough Ave, Tampa, FL, 33604
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FOR SALE
Property Type:
Free Standing Building
Amount:
$515,000
Last Verified:
Mar 05, 2025

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Highlights

  • Seller Finance: Seller Finance available with attractive terms!
  • Prime Location: Situated on E. Hillsborough Ave. near I-275, offering excellent visibility and seamless connectivity to downtown Tampa and surrounding areas.
  • Zoning Flexibility: SH-CI (Seminole Heights - Commercial Intensive) zoning supports a wide range of commercial uses.
  • Signage Advantage: Two monument signs, including a 20-foot digital LED sign with a 4' x 8' viewing area for unparalleled advertising visibility.
  • Well-Maintained Property: Ready for immediate occupancy with minimal need for renovations or upgrades.
  • Community Appeal: Located in the vibrant Seminole Heights neighborhood, known for its eclectic mix of local businesses and historic charm.
  • Versatile Usage: Ideal for retail shops, service providers, automotive, food and beverage establishments, or professional offices.

Description

This well-maintained commercial retail building, renovated in 2015, located at 1002 E. Hillsborough Ave. 2 blocks from I-275, offers an exceptional opportunity for businesses seeking a strategic and high-visibility location in Tampa. Located on a double lot, with a building size of 1,762 square feet, plus an additional storage building with overhead door, this property is zoned SH-CI (Commercial Intensive) perfectly suited for a variety of retail ventures. Versatile open floor plan ideal for a showroom or retail storefront, complemented by dedicated private offices and workspaces.

Key Features:
Seller Finance Available
Zoning: SH-CI (Seminole Heights - Commercial Intensive), allowing for a wide range of commercial uses.
Building Size: 1,762 square feet plus additional storage building with overhead door, ideal for small to medium-sized retail operations located on a double lot, with lot size of 12,200 SF.
Signage: Includes two monument signs, one of which is a 20-foot digital LED sign featuring a prominent 4' x 8' viewing area and includes software installed in 2018, cost was apx $60,000.00, offering unparalleled advertising visibility.
Condition: Renovated in 2015, and well-maintained, ensuring minimal upfront investment for renovations or upgrades. Recent upgrades include: New roof 2017, flame retardant insulation for lower electric bills, security camera system, double paned security glass windows, Caged HVAC equipment and 3 new mini-splits 2021, French drains installed, and parking lot re-striped 2025.
Parking: plenty of parking with approximately 17 striped spaces, with room for more.
Accessibility: Situated on a major thoroughfare at an intersection, with 2 points of access, providing excellent visibility and easy access for vehicle traffic.


CI Zoning (Commercial Intensive) allows for many uses. Ideal Users:
Retail Stores: Boutique shops, specialty retailers, automotive, or convenience stores looking to capitalize on the high foot traffic in the area.
Service Providers: Salons, spas, or fitness studios seeking a central and accessible location.
Food and Beverage: Cafés, bakeries, or quick-service restaurants aiming to serve the local community. (Site had a previous use as a quick-serve restaurant, prior to building renovations)
Professional Offices: Small businesses or medical practices that benefit from a prominent and easily accessible location.

Nestled in the vibrant Seminole Heights neighborhood, this property combines the charm of a dynamic community with the convenience of being just moments from I-275. It’s ideal location and digital LED billboard ensures high traffic visibility, easy customer access, and the opportunity to thrive in one of Tampa's most sought-after areas.

Located at the corner of E. Hillsborough Avenue and N. 9th Street in Tampa, Florida.

Location Highlights:
Convenient Access: Strategically located 2 blocks from I-275, offering seamless connectivity to downtown Tampa, nearby neighborhoods, and regional traffic.
Strategic Positioning: Located on E. Hillsborough Ave., a bustling corridor known for its vibrant mix of businesses and residential communities.
Proximity to Amenities: The property is surrounded by a variety of amenities, including restaurants, shops, and service providers, making it a convenient destination for customers.
Growing Neighborhood: Seminole Heights is a thriving area with a blend of historic charm and modern development, attracting a diverse and engaged community.


Year Built: 1955
Building Size: 1842sq ft
Lot Size: 0.28 acres


Documents

1002 E. Hillsborough Ave. Sale Brochure

Map of 1002 E Hillsborough 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.
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