38444 5th Ave
Zephyrhills, FL 33542
Historic Retail Center · Retail Property For Sale
PROPERTY FACTS
- Storefront Retail/Office
- General Retail Convenience Store
- General Retail Storefront
- 150 FT on 5th Avenue
- 135 FT on 8th Street
AMENITIES
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
ABOUT 38444 5TH AVE , ZEPHYRHILLS, FL 33542
Reduced! This is a great opportunity to own a 9,839 Sq.Ft. brick & mortar retail building located in Zephyrhills' historic downtown. This property is only 29% occupied (2/4 spaces leased) and recently went through a foreclosure, which means there is significant value for an owner-user or investor looking for a great new project. The property is situated on Main Street (Fifth Avenue) which features numerous businesses, City Hall and strong foot traffic. Additionally, it is situated just 1 1/2 blocks east of US Hwy 301/Gall Blvd. In 2015, $700,000+ was spent to renovate the 5,555 sq.ft. end-cap into a state-of-the-art office and retail space, which functioned as a family pharmacy. There is strong demand to lease space on Main Street and the location lacks restaurants. Converting 1 or 2 of this building's vacant spaces into a café or restaurant would add great synergies and drive stronger traffic. Historic District means that businesses should be primarily retail and to maintain the downtown's brownstone appeal.
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $804,520 |
Land Assessment | $79,785 | Total Assessment | $884,305 |
Learn More About Investing in Retail Properties
Listing ID: 13618493
Date on Market: 8/28/2018
Last Updated:
Address: 38444 5th Ave, Zephyrhills, FL 33542
The Retail Property at 38444 5th Ave, Zephyrhills, FL 33542 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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