$144.28 Per Sq Foot $7,242 est/mo Sourced by Back At You

38445 5th Avenue,ZEPHYRHILLS, FL 33542

ZEPHYRHILLS FL, 33542

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Description

*Situated in the Historic District of downtown Zephyrhills, a rapidly growing area in Tampa Bay. *Building qualifies for several historic society grants, tax incentives & other benefits. Contact for details. *Versatile second floor with over 4000 Sq. Ft., adaptable for a range of uses *Each floor qualifies for highly sought-after SFS (Special Restaurant Exemption/Special Food Service) liquor license *Opportunity to run a business on the main floor and lease out the second floor for additional income Seize a unique opportunity in the heart of the Historic District of downtown Zephyrhills, one of the fastest-growing areas in Tampa Bay and a hub of Pasco County. This versatile property presents a unique opportunity for both owner-operators and investors. With its current setup as a successful restaurant, the building is already equipped for a seamless transition into the food service industry. However, the property's potential extends far beyond this, with the capability to accommodate a multitude of other business ventures. This versatility presents a tremendous advantage for an entrepreneurial owner-user looking to embark on a new business venture. Likewise, for an investor, this property offers an attractive proposition with multiple avenues for income generation, either through leasing to a single tenant or partitioning for use by multiple businesses. Its strategic location and adaptable space make it a desirable addition to any investment portfolioThe property's versatile second floor of over 4000 Sq. Ft. can accommodate an array of ventures, including a banquet facility, wedding hall, nightclub, lounge, executive offices, co-working space, or a yoga/wellness studio. Possibilities are endless. This allows for a diverse range of businesses to flourish in this location, while also bringing in additional income by leasing unused space. The sale price does not include an extremely successful, established restaurant business that has been in operation since 1996, further augmenting the property's value. The restaurant's location qualifies for a Special SRX/SFS Liquor License, a sought-after credential that significantly enhances the establishment's offering. A fully equipped kitchen caters to the restaurant, while a loyal customer base and over 26 years of goodwill speak volumes about its longstanding success. Imagine running your thriving business on the main floor, with the potential to expand or lease out the sizable second floor, generating an additional income stream. This property embodies an extraordinary investment opportunity, nestled in a historically rich district, accommodating a profitable, well-loved restaurant, and offering versatile space for various business or rental prospects. Experience the best of Zephyrhills and make a solid investment in its thriving community.

Details

MLS#T3379949
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1922
Days On Site715
Listing Provided ByRE/MAX PREMIER GROUP | Shelly Sidhu

Features

SQ Feet9,350
Story(s)NaN
Acreage0.16

Market Activity 33542

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of May 27, 2024 at 12:02:25 AM PDT 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. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Listings Checked: 3 minutes ago
StateFL
CountyPasco
CityZEPHYRHILLS
Zip Code33542
Area33542 Zephyrhills
Listing VS Median (in 33542)
Price:
$1,349,018
low | high
Med:
$199,950
100% of Average
SqFt:
9,350
low | high
Med:
1,241
100% of Average
$ / SqFt:
$144
low | high
Med:
$173
30.382004969383% of Average
On Site:
715
low | high
Med:
183.000000
100% of Average
Sourced by Back At You
Listing Updated: June 6, 2023 at 10:02:10 PM PDT