City Blue Building 119 N 11th St

119 N 11th St , Tampa, Florida, 33602 | 24,000 sq.f

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About This Restaurant

Investment Highlights

Part of the neighborhood with Water Street, The Cruise Ship Port, Tampa Aquarium, Sparkman's Wharf, The Amalie Arena and the Tampa riverwalk. Five minute drive to Selmon Expressway and Interstate-275. Possible owner financing with 50% down Within walking distance to nearby restaurants including District Tavern, Bamboozle Channelside, The Pearl Tampa, Naked Farmer, BurgerFi and others. Traffic volume of 5,108 at the cross street of N Meridian Avenue and E Washington Street N.

Executive Summary

119 N 11th St is an exceptional, totally unique, one-of-a kind mixed use investment opportunity ? a distinctive 3-unit office/retail condo portfolio along with an exclusive penthouse condo situated in the highly sought-after Channel District of Tampa. Located directly in the core along with the prestigious Water Street Tampa development and Sparkman's Wharf, this property is positioned perfectly as part of the ongoing transformation of Tampa?s Channel District, not just into a dynamic Live-Work-Play community, but a prestigious destination for all. With the 2nd phase of Waterstreet ready to start and the new Ybor Harbor development in the plans, all in the same location, it is a perfect time to take advantage of this opportunity. Owner may consider financing with acceptable down payment for 5 years adding flexibility to the investment strategy. Can be purchased with or without the penthouse.

Property Details

  • Sale Type    Investment
  • Property Type    Office
  • Property Subtype    Loft/Creative Space Loft/Creative Space General Retail Freestanding General Retail Restaurant General Retail Storefront Retail/Office Loft/Creative Space
  • Building Size    24,000
  • Building Class    A
  • Year Built    2003
  • Tenancy    Multiple
  • Building Height    4 Stories
  • Typical Floor Size    6,000
  • Slab To Slab    12?
  • Building FAR    1.72
  • Land Acres    0.32 AC

Amenities

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Signage
  • Central Heating
  • High Ceilings
  • Direct Elevator Exposure
  • Natural Light
  • Open-Plan

Property Taxes

Parcel Number A-19-29-19-89O-000000-00000.0 A-19-29-19-89O-000000-00001.0 A-19-29-19-89O-000000-000 Improvements Assessment $300
Land Assessment $3,401,127 Total Assessment $3,401,427
Date Created: 2024-07-16 04:09:28 Last Updated: 2024-07-16 04:09:28
Address: 119 N 11th St , Tampa, Florida, 33602