119 N 11TH STREET Unit: 2

TAMPA, FL, 33602

$2,150,000

$357 per ft²
$2,150,000
$357 per ft²
Active
Active
 - For Sale
carpenters-square
6,022 ft²
property_type
Commercial
calendar
Built 2006
Price improvement! Welcome to the Channel District in Tampa, FL! Home of the back-to-back Stanley Cup Champs, The Tampa Lightning and Super Bowl Champs, The Buccaneers! Tampa is one of the fastest growing cities in the country and ranks among the best places to live, work and start or relocate a business. The opportunity to own a space this large in the Channel District, a mere 5 minutes from the heart of downtown, is very rare! The property is mixed-use and consists of 3 commercial floors and 1 residential penthouse. The offering is for the 2nd floor of the building which is a vanilla shell and can be built out to your liking as a private residential space (verify with City of Tampa), an office space or a mix live/work space-zoned CD-1. There are so many possibilities! There is a 150 space public parking garage next door if the 6 deeded spaces included with this unit are in use. The floor is sprinklered with roughed in plumbing ready for restrooms. The drywall has been installed, it only needs to be taken off to install electrical, reinstalled and finished. Each floor is separately metered with its own 400-amp panel. There is video surveillance and secure 24 hour building access. There is emergency lighting in place, a trash chute and a front/back stairwell as well as an elevator. The rear stairs lead to the private parking lot behind the building. Adjacent to the parking lot is Washington St Park which is a great place to take a peaceful break or take your pups for playtime! The seller has has architectural plans done at a value of $30k and those will convey to the new owner. The roof was resurfaced in 2021. This unit is the only commercial floor with an available balcony space that faces downtown Tampa. The windows simply need to be removed and replaced with doors leading to the private terrace. The Channel District is positioned to the east side of downtown and is bordered by Port Tampa. There are so many exciting things happening in the Channel District & Downtown Tampa you won't want to miss this exclusive opportunity to own a piece of the action! The $3B development just to the west, Water Street, is already a huge success and has only completed Phase 1 of multiple future phases. Directly to the north of the Channel District another mixed use project, Gas Worx, is just breaking ground. It also promises to be a multi-billion dollar private investment, mixed use project. Thousands of new residences are being built in the urban core alone, not to mention all of the growth in the suburban areas as well. The Channel District will welcome 2 new mixed use properties by next year with others in the planning stages. The Channel District redevelopment committee is in the process of replacing most of the streets and sidewalks within the district and will be burying all of the electrical lines including those in front of this property that service this building. That will make for more reliable service during weather events. This property is minutes from the Selmon Expressway, I-275; I-75, I-4. A streetcar stop is a few blocks away for quick access to Downtown and Ybor City. Amalie Arena, The Riverwalk, The Florida Aquarium, 2 Publix grocery stores, several fitness facilities, and numerous restaurants are within minutes of this property. Here, you are truly in the CENTER OF IT ALL! (The purchase of the 1st & 3rd floors would also be taken into consideration should a buyer wish to own more than 1 floor in the building)
MLS® ID:
T3376898
Listed:
5/26/22
Updated:
8/7/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Concrete
Cooling
None
Heating
None

Exterior/Building Features

Lot Size
0.32 acres lot
Lot Details
Central Business District, Corner Lot, Fire Hydrant, City Limits, Neighbourhood
Roof
Membrane
Sewer
Public Sewer

Other Property Details

Area Name
33602 - Tampa
Taxes
$8337.01
Tax Frequency
per YEAR
Garage
No
Parking
Parking Spaces - 6 to 12
View
N
County
Hillsborough
Utilities
BB/HS Internet Capable, Electricity Available, Phone Available, Sewer Nearby, Water Connected
Water Source
Public
Pool
No
Total Stories
4
Zoning
CD-1

Property History

Date
Event
Price
Value
8/2/22
Price Change
$2,150,000
-8%

Courtesy of THE KEC GROUP

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Data last updated 8/7/22, 3:06 PM UTC

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