$2,150,000

Description

Midtown investment opportunity strategically located along the highly traveled W. Cypress Street corridor, just minutes from the rapidly expanding Midtown Tampa district. 3007 W. Cypress Street, Tampa, FL 33609 features an approximately 7,600+ building SF multi-tenant commercial property positioned within one of Tampa’s most active redevelopment corridors. The property benefits from strong street frontage, excellent visibility, and convenient access to I-275, Kennedy Boulevard, Downtown Tampa, Tampa International Airport, and Midtown Tampa. The surrounding area features dense residential neighborhoods, a strong daytime population, and continued commercial and mixed-use development, supporting long-term tenant demand and rental growth. From an investment standpoint, the asset offers efficient operating expenses, with tenants individually metered and responsible for their own electrical service. The parking lot was recently resurfaced, reducing near-term capital expenditure needs. Additionally, Units 4, 5, and 6 were completely remodeled in 2021 and 2025, providing updated interiors that support tenant retention and future rental upside. The property delivers stable in-place income with additional upside through rental growth and long-term corridor appreciation. Adding further value for prospective buyers, the seller has a current survey on file as well as a recent appraisal supporting a value well above the current listing price, providing additional due-diligence support for the offering. A current rent roll is available, with leases provided upon request. This is a compelling opportunity to acquire an income-producing commercial asset in a high-growth Tampa submarket with strong fundamentals and documented value.