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Mixed Use Building / Redevelopment Site 1007 N Franklin St 15,600 SF Retail Building Tampa, FL 33602 $4,866,421 CAD ($311.95 CAD/SF)



Investment Highlights
- Prime Mixed-Use Commercial Building / Redevelopment Opportunity in the Heart of Downtown Tampa
- Located within both an Opportunity Zone and Downtown Tampa CRA District, providing significant potential redevelopment and investment incentives
- ±5,460 SF Site - *Potential to assemble adjoining parcels for an expanded development footprint - Existing ±15,878 SF 3-Story Commercial / Office BLD
- Zoned CBD-1 (Central Business District) – City of Tampa, allowing for a wide range of high-density mixed-use development opportunities
- Strategically positioned along Historic Franklin Street, surrounded by transformative residential, hospitality, and commercial development activity
- Highly walkable urban location just minutes from the Tampa Riverwalk, Amalie Arena, restaurants, entertainment venues, and cultural attractions
Executive Summary
Positioned in the heart of Downtown Tampa’s rapidly evolving urban core, this exceptional mixed-use commercial building and redevelopment opportunity offers investors and developers the chance to acquire a highly strategic asset along Historic Franklin Street. Surrounded by transformative residential towers, hospitality projects, and expanding commercial developments, the property is ideally situated within one of Tampa’s most dynamic growth corridors.
The property consists of an approximately ±5,460 SF site improved with an existing ±15,878 SF three-story commercial/office building constructed of durable block construction. Zoned CBD-1 (Central Business District) within the City of Tampa, the site allows for a broad range of high-density mixed-use redevelopment opportunities including residential, hospitality, office, retail, and entertainment-oriented uses. Additionally, the offering presents the potential to assemble adjoining parcels, creating an expanded footprint for larger-scale future development.
Located within both a designated Opportunity Zone and the Downtown Tampa Community Redevelopment Area (CRA), the property benefits from significant redevelopment and investment incentives that further enhance its long-term value potential. Directly across from Herman Massey Park, the property enjoys attractive park and green space views while offering immediate walkability to many of Downtown Tampa’s premier destinations including the Tampa Riverwalk, Amalie Arena, restaurants, entertainment venues, retail destinations, and cultural attractions. This is a rare opportunity to secure a highly visible urban redevelopment site in one of Florida’s fastest-growing and most sought-after downtown markets.
The property consists of an approximately ±5,460 SF site improved with an existing ±15,878 SF three-story commercial/office building constructed of durable block construction. Zoned CBD-1 (Central Business District) within the City of Tampa, the site allows for a broad range of high-density mixed-use redevelopment opportunities including residential, hospitality, office, retail, and entertainment-oriented uses. Additionally, the offering presents the potential to assemble adjoining parcels, creating an expanded footprint for larger-scale future development.
Located within both a designated Opportunity Zone and the Downtown Tampa Community Redevelopment Area (CRA), the property benefits from significant redevelopment and investment incentives that further enhance its long-term value potential. Directly across from Herman Massey Park, the property enjoys attractive park and green space views while offering immediate walkability to many of Downtown Tampa’s premier destinations including the Tampa Riverwalk, Amalie Arena, restaurants, entertainment venues, retail destinations, and cultural attractions. This is a rare opportunity to secure a highly visible urban redevelopment site in one of Florida’s fastest-growing and most sought-after downtown markets.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
15,600 SF
Building Class
B
Year Built
1895
Price
$4,866,421 CAD
Price Per SF
$311.95 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
2.75
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
CBD-1 - CBD-1 (Central Business District) - Located in CRA District & Opportunity Zone
Parking
10 Spaces (0.64 Spaces per 1,000 SF Leased)
Frontage
77’ on Franklin St
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | A-13-29-18-4ZI-000008-00003.0 | Improvements Assessment | $432,617 CAD |
| Land Assessment | $503,481 CAD | Total Assessment | $936,097 CAD |
Property Taxes
Parcel Number
A-13-29-18-4ZI-000008-00003.0
Land Assessment
$503,481 CAD
Improvements Assessment
$432,617 CAD
Total Assessment
$936,097 CAD
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Mixed Use Building / Redevelopment Site | 1007 N Franklin St
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