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7522 N Armenia Ave
Tampa, FL 33604

Retail Property For Sale

Investment Highlights

  • High Traffic Visibility
  • Directly on N. Armenia Avenue
  • Accessibility
  • Investment Opportunity
  • Ample Parking
  • Established Community

Executive Summary

Prime Investment Opportunity
Unlock the potential of 7522 N Armenia Avenue, Tampa, FL 33604 a versatile commercial property located in a high-traffic area of Tampa. This property offers excellent visibility and functionality, making it a valuable opportunity for entrepreneurs and investors with a vision for growth.
Current Onsite Uses: Convenience Store (Lulu's Market), U-Haul Moving Rentals, Barbershop, Deli, and Food Truck
Property Features:
Functional interior layout:
Display walk-in freezer with glass doors, ideal for cold storage and product displays.
Two restrooms for customer and staff convenience.
Storage spaces to keep business operations organized.
Office space for administrative needs.
A small kitchen area, suitable for light food preparation or storage (no commercial hood system)
Outdoor area: A flexible outdoor space that can be used for seating, events, or expanded operations.
Detached storage building: Located at the rear of the property, currently used for storage but versatile for other purposes such as a workshop, additional office space, or extended operations.
Ample parking:
On-site parking with nearly 20 spots for customers and staff.
A dedicated back lot currently used for U-Haul parking, providing steady income or flexibility for other uses.
Endless Opportunities:
This property provides a blank canvas for creative business or development ideas.
Potential opportunities include (Examples):
Continuing the convenience store: Maintain the existing business and leverage the established customer base.
Outdoor/indoor hookah bar or café: Transform the space into a vibrant social hub.
U-Haul income stream: Retain the U-Haul parking for consistent passive income.
Redevelopment potential: Consider demolishing the current structure to develop a new project.
Or any other creative development aligned with the area’s needs and zoning regulations
Investment Highlights
Prime Location, Unlimited Potential
Situated on a bustling Tampa corridor, 7522 N Armenia Avenue offers:
High visibility to passing traffic
Flexible zoning for diverse business types
Established customer base from the surrounding community
Potential for property value appreciation
Whether you're looking to continue an existing business, launch a new venture, or explore redevelopment options, this property presents a unique opportunity to bring your vision to life in a thriving Tampa location.
Neighborhood Characteristics:
The property is situated on a bustling corridor that benefits from high visibility and significant traffic flow. The surrounding area features a mix of residential and commercial developments, contributing to a vibrant community atmosphere. With ongoing developments nearby, such as new housing projects and amenities, the area is poised for continued growth.
Accessibility:
Conveniently located near major highways and public transportation options, this property offers easy access to downtown Tampa and surrounding suburbs. Tampa International Airport is also within a short drive, facilitating travel for business or leisure.
Driving Directions
To reach 7522 N Armenia Avenue in Tampa, FL 33604, from downtown Tampa, follow these directions:
Head north on N Tampa Street: Continue straight on N Tampa Street.
Turn left onto W Columbus Drive: Proceed west on W Columbus Drive.
Turn right onto N Armenia Avenue: Head north on N Armenia Avenue.
Arrive at 7522 N Armenia Avenue: The destination will be on your left.
Nearby Roads and Highways:
Interstate 275 (I-275): Located approximately 1.5 miles east of N Armenia Avenue, I-275 is a major north-south highway providing access to various parts of Tampa and connecting to I-4.
West Hillsborough Avenue (U.S. Route 92): Situated about 0.5 miles south, this east-west route offers connections to other major roads and neighborhoods.
West Waters Avenue: Approximately 1 mile north, this road runs parallel to Hillsborough Avenue and provides additional east-west access.
North Dale Mabry Highway (U.S. Route 92): Located about 1 mile west, this major north-south artery runs parallel to N Armenia Avenue and offers access to various commercial areas.
The property is located in the Egypt Lake-Leto Neighborhood.
Overview of Egypt Lake-Leto
Egypt Lake-Leto is a census-designated place (CDP) located in northwestern Hillsborough County, just 7 miles northwest of downtown Tampa. This diverse community offers a mix of residential neighborhoods and commercial districts, making it an attractive location for various residents.
Amenities and Recreation
Things to Do:
Egypt Lake Park
Al Lopez Park
Lowry Park Zoo
Raymond James Stadium
Dining and Shopping:
Diverse restaurant options
Local favorites like Burger Culture
Multiple shopping centers
Education and Services
Schools:
Crestwood Elementary School
Egypt Lake Elementary School
Twin Lakes Elementary School
Pierce Middle School
Healthcare:
AdventHealth Carrollwood (primary hospital)
Don't miss this chance to invest in a property with proven income potential and room for growth.
Schedule a private tour today and explore the possibilities that await at 7522 N Armenia Avenue!

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,402 SF
Building Class
C
Year Built
1968
Price
£1,181,550
Price Per SF
£492
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.10
Lot Size
0.54 AC
Zoning
CG - General Commercial
Parking
20 Spaces (8.33 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
A-27-28-18-164-000001-00010.0
Land Assessment
£202,537
Improvements Assessment
£194,196
Total Assessment
£396,734
  • Listing ID: 33997302

  • Date on Market: 25/11/2024

  • Last Updated:

  • Address: 7522 N Armenia Ave, Tampa, FL 33604

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