Sarasota's Premier Homes

308 E WATERS AVENUE

TAMPA , FL 33604

MLS#: TB8444105

$660,000

Status: Active
Listing number: TB8444105
Listing provided by: FRANK ALBERT REALTY
Listing agent phone: None
Last update: a month ago
On site: a month ago
Browse Properties
IRVINTON HEIGHTS - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1955

Sq.Footage

2,300

Restaurant + Office+ 1/1 Residential!! An exceptional opportunity awaits at 308 E Waters Avenue, offering a unique mix of commercial and residential spaces in a rapidly developing Tampa corridor. Perfect for both investors and owner-operators, this multi-use property combines a restaurant space, office/retail unit, and a detached one-bedroom home, all in a high-visibility location near Seminole Heights. The 1,500 sq. ft. restaurant space is ready for immediate use, with the kitchen featuring a hood system, 3-tier sink, and prep and storage areas. This space is flexible with a counter for pickup service and a spacious dining room for dine-in service. Designed for smooth, efficient operations, it’s an ideal setup for restaurateurs looking to launch or expand their concept with minimal build-out time. The layout supports strong customer flow and offers prime visibility on a busy thoroughfare, drawing consistent local and commuter traffic. Next door, the office or retail unit provides additional flexibility—perfect for professional services, boutique retail, or as a complementary business space. This extra unit enhances income potential and allows for multi-tenant use, maximizing returns for investors or offering expansion space for owner-operators. At the rear of the property sits a detached one-bedroom home, offering even more versatility. Use it as a rental unit for additional income, on-site living quarters for staff or owners, or even office/storage space to support the commercial operations. Compact, well-maintained, and easy to lease, it adds a steady residential revenue stream or operational convenience. The spacious lot with ample parking ensures convenience for customers, employees, and tenants—a major advantage in this bustling area. Its proximity to I-275 provides seamless access to downtown Tampa, Seminole Heights, and major commercial corridors, making it highly attractive for customers and deliveries alike. Situated in an up-and-coming area with strong development momentum, 308 E Waters Avenue offers tremendous long-term growth potential. Whether you’re an entrepreneur looking for a live-work opportunity, a restaurateur ready to expand, or an investor seeking diversified income streams, this property delivers flexibility, function, and future value in one of Tampa’s most exciting markets.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.09

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $660,000

  • Tax Amount

    1933.0

  • Sq. Footage

    2, 300

  • Price/SqFt

    $286

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Slab

  • Ownership

    Sole Proprietor

  • Tax Lot

    3

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Location

County

Hillsborough

Elementary School

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High School

Listing Courtesy of Randall Heffernan , FRANK ALBERT REALTY

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Agent MichaelGraf

Business Coach | Executive Sales Associate | Realtor®

MichaelGraf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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Restaurant + Office+ 1/1 Residential!! An exceptional opportunity awaits at 308 E Waters Avenue, offering a unique mix of commercial and residential spaces in a rapidly developing Tampa corridor. Perfect for both investors and owner-operators, this multi-use property combines a restaurant space, office/retail unit, and a detached one-bedroom home, all in a high-visibility location near Seminole Heights. The 1,500 sq. ft. restaurant space is ready for immediate use, with the kitchen featuring a hood system, 3-tier sink, and prep and storage areas. This space is flexible with a counter for pickup service and a spacious dining room for dine-in service. Designed for smooth, efficient operations, it’s an ideal setup for restaurateurs looking to launch or expand their concept with minimal build-out time. The layout supports strong customer flow and offers prime visibility on a busy thoroughfare, drawing consistent local and commuter traffic. Next door, the office or retail unit provides additional flexibility—perfect for professional services, boutique retail, or as a complementary business space. This extra unit enhances income potential and allows for multi-tenant use, maximizing returns for investors or offering expansion space for owner-operators. At the rear of the property sits a detached one-bedroom home, offering even more versatility. Use it as a rental unit for additional income, on-site living quarters for staff or owners, or even office/storage space to support the commercial operations. Compact, well-maintained, and easy to lease, it adds a steady residential revenue stream or operational convenience. The spacious lot with ample parking ensures convenience for customers, employees, and tenants—a major advantage in this bustling area. Its proximity to I-275 provides seamless access to downtown Tampa, Seminole Heights, and major commercial corridors, making it highly attractive for customers and deliveries alike. Situated in an up-and-coming area with strong development momentum, 308 E Waters Avenue offers tremendous long-term growth potential. Whether you’re an entrepreneur looking for a live-work opportunity, a restaurateur ready to expand, or an investor seeking diversified income streams, this property delivers flexibility, function, and future value in one of Tampa’s most exciting markets.

308 E WATERS AVENUE

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