8436 N Nebraska Ave

8436 North Nebraska Avenue Tampa, FL 33604

8436 North Nebraska Avenue, Tampa, FL, 33604
Exterior Front
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FOR SALE
Property Type:
Street Retail
Amount:
$1,300,000
Last Verified:
Oct 27, 2023

Highlights

  • Fully leased
  • Great location
  • Solid stream of income
  • Many recent upgrades

Description

Prime commercial property at 8436 N Nebraska Ave, Tampa, FL. This two-story building features a lucrative investment opportunity with 9 fully rented studio apartments on the second floor, providing a consistent rental income stream. On the ground floor, there are 3 rented retail units, adding to the property’s income potential. Located in the bustling Seminole Heights neighborhood, this property offers both residential and commercial rental income in a thriving area. Don’t miss out on this attractive investment opportunity in Tampa!
This is an income producing property and has undergone significant renovation including new roofs, flooring, paint and bathroom upgrades making it essentially turnkey, while still leaving options open for further improvement and rent increases. The seminole area is undergoing a range of improvements bringing new opportunities for the future. This site could be the perfect location to use for income generation while preparing for future renovations. Seller financing may be posssible.

This property is located in the Seminole Heights neighborhood of Tampa. It’s situated in Hillsborough County, near the intersection of N Nebraska Avenue and E Waters Avenue. This area is known for its historic charm, local shops, and diverse dining options. Please do not approach the tenants!


Year Built: 1950
Building Size: 7914sq ft
Building Class: B
Lot Size: 0.2 acres


Documents

Sale Flyer (L)
Offering Memorandum

Map of 8436 North Nebraska Avenue, Tampa, FL, 33604

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.