Property Description
*Situated in the Historic District of downtown Zephyrhills, a rapidly growing area in Tampa Bay.
*Building qualifies for several historic society grants, tax incentives & other benefits. Contact for details.
*Versatile second floor with over 4000 Sq. Ft., adaptable for a range of uses
*Each floor qualifies for highly sought-after SFS (Special Restaurant Exemption/Special Food Service) liquor license
*Opportunity to run a business on the main floor and lease out the second floor for additional income
Seize a unique opportunity in the heart of the Historic District of downtown Zephyrhills, one of the fastest-growing areas in Tampa Bay and a hub of Pasco County.
This versatile property presents a unique opportunity for both owner-operators and investors. With its current setup as a successful restaurant, the building is already equipped for a seamless transition into the food service industry. However, the property’s potential extends far beyond this, with the capability to accommodate a multitude of other business ventures. This versatility presents a tremendous advantage for an entrepreneurial owner-user looking to embark on a new business venture.
Likewise, for an investor, this property offers an attractive proposition with multiple avenues for income generation, either through leasing to a single tenant or partitioning for use by multiple businesses.
Its strategic location and adaptable space make it a desirable addition to any investment portfolioThe property’s versatile second floor of over 4000 Sq. Ft. can accommodate an array of ventures, including a banquet facility, wedding hall, nightclub, lounge, executive offices, co-working space, or a yoga/wellness studio. Possibilities are endless. This allows for a diverse range of businesses to flourish in this location, while also bringing in additional income by leasing unused space.
The sale price does not include an extremely successful, established restaurant business that has been in operation since 1996, further augmenting the property’s value. The restaurant’s location qualifies for a Special SRX/SFS Liquor License, a sought-after credential that significantly enhances the establishment’s offering.
A fully equipped kitchen caters to the restaurant, while a loyal customer base and over 26 years of goodwill speak volumes about its longstanding success. Imagine running your thriving business on the main floor, with the potential to expand or lease out the sizable second floor, generating an additional income stream.
This property embodies an extraordinary investment opportunity, nestled in a historically rich district, accommodating a profitable, well-loved restaurant, and offering versatile space for various business or rental prospects. Experience the best of Zephyrhills and make a solid investment in its thriving community.
Features
- Heating System:
- Central
- Cooling System:
- Central Air
- Utilities:
- BB/HS Internet Capable
Address Map
- Country:
- US
- State:
- FL
- County:
- Pasco
- City:
- Zephyrhills
- Zipcode:
- 33542
- Street:
- 5TH
- Street Number:
- 38445
- Street Suffix:
- AVENUE
- Longitude:
- W83° 49' 11.1''
- Latitude:
- N28° 14' 4.1''
- Directions:
- Gall Blvd to 5th Ave.
- Mls Area Major:
- 33542 - Zephyrhills
Additional Information
- Water Source:
- Public
- Virtual Tour:
- https://www.youtube.com/watch?v=qN9GIEC0vbI
- Stories Total:
- 2
- On Market Date:
- 2022-06-11
- Lot Features:
- Central Business District
- Levels:
- Two
- Foundation Details:
- Slab
- Electric:
- 220 Volts
- Construction Materials:
- Other
- Building Size:
- 9350
Financial
- Tax Annual Amount:
- 5024.01
Listing Information
- Co List Agent Full Name:
- Sunny Sidhu
- Co List Agent Mls Id:
- 261551235
- Co List Office Mls Id:
- 774232
- Co List Office Name:
- RE/MAX PREMIER GROUP
- List Agent Mls Id:
- 261549870
- List Office Mls Id:
- 774232
- Mls Status:
- Canceled
- Modification Timestamp:
- 2023-10-28T00:49:08Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2023-10-28T00:48:47Z
Commercial Sale For Sale
38445 5th Avenue, Zephyrhills, Florida 33542
0.16 Acre
$1,349,018
Listing ID #T3379949
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- T3379949
- Price :
- $1,349,018
- Year Built :
- 1922
- Lot Area :
- 0.16 Acre
- Property Sub Type :
- Retail
Agent info
Contact Agent
