Stacey Olive
REALTOR®
SQUARE FEET14,588
MLS#TB8479960
STATUSActive
PROPERTY TYPECommercial -
SUBDIVISIONWITCHMERE
Property Description
MAJOR PRICE REDUCTION - SUBMIT YOUR OFFERS FOR THIS TURNKEY RESTAURANT IN SEMINOLE HEIGHTS!| PRIVATE PARKING | STANDALONE BUILDING & LAND | SELLER MOTIVATED!!! Rare opportunity to acquire a fully operational restaurant property in one of Tampa's most sought-after dining and redevelopment corridors. Located at 5202 N Nebraska Ave, this offering includes a 2,212 SF standalone building and approximately +0.33 acres (+14,588 SF) of land, providing a unique owner-user opportunity with no landlord restrictions, lease negotiations, or condominium association limitations.The property is currently operating as a restaurant and includes a fully outfitted kitchen, dining area, and available furniture, fixtures, and equipment (FF&E), allowing a new owner to potentially continue operations with minimal downtime. A major advantage is the property's private, dedicated on-site parking lot, an increasingly rare feature along the Nebraska Avenue corridor that provides added convenience for customers and staff.Recent pricing adjustments have created a compelling value proposition, with a $100,000 price reduction bringing the offering to $1,150,000, or approximately $520 a square foot. This strategic location benefits from strong daily traffic counts, outstanding visibility, and direct access to the growing Seminole Heights market, surrounded by ongoing residential development, new townhome projects, and continued commercial investment.Ideal for restaurateurs, hospitality groups, franchise operators, investors, or entrepreneurs seeking a high-exposure location with immediate operational capability and long-term appreciation potential. Opportunities to purchase a standalone restaurant building with dedicated parking and land ownership in Seminole Heights are becoming increasingly scarce.Seller is motivated and actively reviewing offers.
Property Features
Property Type: Commercial -
Cooling: Central Air
Heating: Electric
Lot Size: 0.33 Acres
Roof Type: Other
Stories: 1.0
Taxes: $6,410
Year Built: 1957
Feature Descriptions
Building: Bathrooms, Columns, Common Lighting, Dumpsters
Days on Site: 249
Directions: I-275 N to Exit 47 Hillsborough Ave-Turn Right - Turn Right on Nebraska Ave and the Property is on the right at the corner of Nebraska and Frierson St.
Exterior: Block
Flood Zone Code: X
Flooring: Ceramic Tile
Foundation: Block
Home Warranty Y/N: No
Listing Terms: Cash
Lot: Corner Lot, Curb and Gutters, Fire Hydrant
Lot Dimensions: 0.33
Other Equipment: Grease Trap
Ownership: Sole Proprietor
Parking: Parking Spaces - 19 to 30
Parking Notes: Parking Spaces - 19 to 30
Property Attached Y/N: No
Property Sub-Type: Restaurant
Sale Includes: Building(s) and Land
Security: Security System Owned
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants
Special Sale Provisions: None
Units: 3
Utilities: BB/HS Internet Capable, Electrical Nearby, Electricity Available, Phone Available, Public, Sewer Nearby, Underground Utilities
Water: Public
Water Access Y/N: No
Windows: Aluminum Frames, Blinds
Zoning: SH-CI
Listed By / Shown By
Listed By
Agency Name: CENTURY 21 CIRCLE
Agency Contact: 813-973-2133
Shown By
Agent Name: Stacey Olive
Agent Phone: Cell: (440) 371-9126
Agency Title: Key Realty
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5202 N Nebraska Avenue E | MLS# TB8479960
This commercial property located at 5202 N Nebraska Avenue E, Tampa, FL 33603 is currently listed for sale with an asking price of $1,150,000. Search Tampa real estate on www.soldwithstacey.net today.