OLD THAILAND RESTAURANT & 3616 W PAXTON AV 3616 W Paxton Ave

3616 W Paxton Ave , Tampa, Florida, 33611 | 4,614 sq.f | $ 1,800,000

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About This Restaurant

Investment Highlights

South Tampa on corner of S Dale Mabry and W Paxton Ave. 3/2 residence plus studio loft in rear for additional parking (optional, Business and residence on the same lot. Spacious dining area with fully equipped commercial kitchen. High visibility on busy road with pylon signage.

Executive Summary

2nd gen restaurant for sale! The Thai Restaurant was open for more than 25 years and boasts traditional Thai decor imported from Thailand and ambiance, creating an immersive dining experience. The SPACIOUS DINING AREA (2 ROOMS- DINING ROOM with MALE & FEMALE RESTROOMS and PRIVATE ROOM with its own restroom) offers plenty of seats for guests for both intimate dinners and large gatherings. A FULLY EQUIPPED COMMERCIAL KITCHEN with restrooms to handle high-volume operations also perfect for variety of culinary creations as well as designated TAKEOUT/BEVERAGE PREP AREA in the front. There are 2 properties available for sale. This restaurant can be sold alone for $1.8M. If you're looking for additional parking, the parcel on the east behind the restaurant is owned by the same ownership and can optionally be sold together with this restaurant as well for $450,000 (3616 W PAXTON AV, MLS# T3534018) for a total sales price of $2,250,000. ENDLESS POSSIBILITIES to RENOVATE or TEAR DOWN and create your own business on this LOT. This is a very UNIQUE and RARE BUSINESS/RESIDENTIAL OPPORTUNITY in SOUTH TAMPA directly off DALE MABRY HIGHWAY. DON'T MISS IT!

Property Details

  • Sale Type    Investment or Owner User
  • Sale Conditions    Build to Suit Build to Suit Redevelopment Project Build to Suit
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Fast Food General Retail Freestanding General Retail Storefront Retail/Office Restaurant
  • Building Size    4,614
  • Building Class    C
  • Year Built/Renovated    1954/1991
  • Price    1,800,000
  • Price Per SF    390
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.35
  • Land Acres    0.30 AC

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Wheelchair Accessible
  • Air Conditioning

Nearby Amenities & Transportation

Retail Publix Pharmacy
Retail Starbucks
Retail Fifth Third Bank
Retail Hooters
Retail Applebee's
Retail Ymca
Retail Bank of America
Retail Orangetheory Fitness
Retail Navy Federal Credit Union
Retail CrossFit

Property Taxes

Parcel Number A-09-30-18-3YK-000006-00009.0 Improvements Assessment $358,855
Land Assessment $146,948 Total Assessment $505,803
Date Created: 2024-07-16 04:13:34 Last Updated: 2024-07-16 04:13:34
Address: 3616 W Paxton Ave , Tampa, Florida, 33611