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502 W Grand Central Ave 4,108 SF Retail Building Tampa, FL 33606 For Sale

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INVESTMENT HIGHLIGHTS

  • Prime Hyde Park location across from University of Tampa
  • Freestanding building ideal for flagship retail or dining
  • Surrounded by luxury apartments and high-income households
  • PD zoning allows for flexible commercial uses

EXECUTIVE SUMMARY

Positioned in the heart of Tampa’s vibrant Hyde Park neighborhood, this freestanding retail or restaurant property offers a rare opportunity for ownership or lease in one of the city’s most dynamic corridors. Located directly across from the University of Tampa, which boasts over 10,000 students, and the iconic Oxford Exchange—a bustling hub of dining, retail, and coworking—this site benefits from exceptional visibility and foot traffic.
The property spans 4,108 square feet across two floors (2,397 SF on the first floor and 1,711 SF on the second), situated on a compact yet highly functional 0.116± acre parcel. Its PD (Planned Development – Commercial) zoning allows for flexible use, making it ideal for a boutique retailer, chef-driven concept, or experiential brand seeking a flagship location.
Surrounded by high-end residential developments like Altis Grand Central with over 300 units, and nestled among a mix of upscale dining, fitness, and lifestyle destinations, the site is immersed in a densely populated area with an average household income exceeding $146,000 within a one-mile radius. The daytime population surges to over 78,000, offering a robust customer base for both lunch and evening traffic.
With immediate access to major thoroughfares and proximity to Downtown Tampa, Water Street, and Hyde Park Village, this location offers unmatched connectivity and exposure. The property’s unique architecture and standalone presence further enhance its branding potential

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,108 SF
Building Class
C
Year Built
1989
Tenancy
Single
Building Height
2 Stories
Building FAR
0.86
Lot Size
0.11 AC
Zoning
PD - Planned Development
Frontage
83’ on Grand Central Ave

AMENITIES

  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 2,397 SF
  • Retail
  • Outparcel
  • Now

Unique freestanding retail or restaurant opportunity totaling 4,108 square feet (first floor 2,397 square feet and second floor 1,711 square feet)

  • 2nd Floor
  • 1,711 SF
  • Retail
  • Outparcel
  • Now

Unique freestanding retail or restaurant opportunity totaling 4,108 square feet (first floor 2,397 square feet and second floor 1,711 square feet)

Space Size Space Use Position Available
1st Floor 2,397 SF Retail Outparcel Now
2nd Floor 1,711 SF Retail Outparcel Now

1st Floor

Size
2,397 SF
Space Use
Retail
Position
Outparcel
Available
Now

2nd Floor

Size
1,711 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 2,397 SF
Space Use Retail
Position Outparcel
Available Now

Unique freestanding retail or restaurant opportunity totaling 4,108 square feet (first floor 2,397 square feet and second floor 1,711 square feet)

2nd Floor

Size 1,711 SF
Space Use Retail
Position Outparcel
Available Now

Unique freestanding retail or restaurant opportunity totaling 4,108 square feet (first floor 2,397 square feet and second floor 1,711 square feet)

Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Bank of America
Truist
Publix
Regions Bank
Yoga Six
Jazzercise
CrossFit
Chase
Seacoast Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
A-24-29-18-4ZV-000012-00013.2
Land Assessment
$415,861 CAD
Improvements Assessment
$653,720 CAD
Total Assessment
$1,069,580 CAD
  • Listing ID: 38449222

  • Date on Market: 2025-11-14

  • Last Updated:

  • Address: 502 W Grand Central Ave, Tampa, FL 33606

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