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38444 5th Ave
Zephyrhills, FL 33542

Historic Retail Center · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,839 SF
Building Class
B
Year Built/Renovated
1934/2015
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.46 AC
Zoning
TCBH
Parking
33 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
150 FT on 5th Avenue

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

  • Listing ID: 13618493

  • Date on Market: 8/28/2018

  • Last Updated:

  • Address: 38444 5th Ave, Zephyrhills, FL 33542