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$ 1,500,000
Est. payment | /mo
2,637 SqFt
$ 1,500,000
Est. payment | /mo
2,637 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,637 sqft
Price per Sqft $568
Subdivision Armenia Court
MLS Listing ID TB8324164
HOA Y/N No
Originating Board Stellar MLS
Year Built 1968
Annual Tax Amount $10,045
Lot Size 0.540 Acres
Acres 0.54
Property 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.
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
Currently, the property operates as Lulu’s Market, a convenience store serving the local community.
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
Location
State FL
County Hillsborough
Community Armenia Court
Zoning CG
Interior
Cooling Central Air
Exterior
Garage Over 30 Spaces
Building
Story 1
Foundation Other
Lot Size Range 1/2 to less than 1
Structure Type Concrete,Stucco
New Construction false
Others
Ownership Other
Special Listing Condition None
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by FLORIDA COMMERCIAL GROUP
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