FL
Hillsborough
TAMPA
33604
5609 N NEBRASKA AVENUE
5609 N NEBRASKA AVENUE, TAMPA, FL 33604
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Listing Type
Commercial/Industrial
Listing Status
pending
24
$899,500

Home Details for 5609 N NEBRASKA AVENUE

Price
$899,500
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
3907
Year built
1935
Lot size acres
0.26
County
Hillsborough
Garage
Days on site
248
MLS Listing#
TB8340223
Property Description

Under contract-accepting backup offers. EAST SEMINOLE HEIGHTS MIXED USE OPPORTUNITY! 6 sources of income consisting of: A QUAD APARTMENT BUILDING / A RESTAURANT / A LARGE BILLBOARD / & SMALL STORAGE BUILDING. This perfectly located multi-use property is right in the thick of all of the revitalization of homes, new construction, and restaurant concepts. The property is composed of: 4 Unit quadplex (fully rented) A 2/1 (740 sf.), B 1/1 (400 sf.), C 1/1 (560 sf.), D 1/1 (560 sf.), a separate garage / workshop adjacent to apartments (currently a part of restaurant lease); a free-standing Restaurant Property (currently rented Mexican Restaurant) with transferable 2COP liquor license, 1 mono-pole billboard currently on a land lease. The entire property is CI zoned so most uses are welcome on the property. Gross income is $95,903.40 with a Net Operating Income of $74,445 ... roughly an 8 CAP. All apartment units have been renovated and are leased. 4 years remain on the restaurant lease with tenant having an additional 5 year option thereafter with annual increases. Other recent capital improvements to the property are: A BRAND NEW WATERLINE AND METER TO THE APARTMENT BUILDING, NEW ROOF ON APARTMENT BUILDING, and new perimeter fencing installed. No owner financing is being offered.

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Property Features
  • Cooling Information
    • Wall/Window Unit(s)
Listing Courtesy: FUTURE HOME REALTY INC - 813-855-4982
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-07-21 09:47:22
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EXIT BAYSHORE REALTY
201 E. Davis Blvd, Tampa, FL 33606
Office
813 839 6869
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