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Active Commercial

3917 N NEBRASKA AVENUE

Tampa, FL 33603

STELLAR #TB8345181 Updated: Jun 16, 2026, 6:08pm
$6,200,000
0 Beds • 0 Baths • 15,022 SqFt
Property
ActiveCommercial
1/15
$6,200,000

3917 N NEBRASKA AVENUE

Tampa, FL 33603
0
Beds
0
Baths
15,022
SqFt
1.94
Acres
STELLAR
#TB8345181
Updated: Jun 16, 2026, 6:08pm

Property Description

This former 15,022 SF freestanding drug store (Walgreens) is situated on a 84,366 SF (1.94 Acre) CG (Commercial General) zoned lot at the lighted intersection of Nebraska Ave and Dr Martin Luther King Jr Blvd which enjoys a combined traffic count of 35,000 VPD (both streets). The interior of the structure features high ceilings of approximately 20 ft and column spacing of 35 ft and has a covered drive through lane and ample 3-phase power. The building as also fully fire sprinklered. The site features excellent access from both Dr Martin Luther King and Nebraska Ave and boasts 67 parking spaces. Preliminary site plan approval for a "Live Local" redevelopment yielded a probable site plan of 230-250 units with 7 story height limit after a zoning & comprehensive plan change. The property sits within an Opportunity Zone, and, given the scope of the potential project, a doubling of basis would be easy to achieve.
** Also available for lease

Located on N. Nebraska Avenue and E. Martin Luther King, Jr. Blvd. and close to I-275 and I-4, offering easy access to surrounding areas, including downtown.
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Property Details

Interior
Building Area Total
15022
Cooling
Central Air
Living Area
15022
Security Features
Fire Sprinkler System
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Block
Foundation Details
Slab
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Completed
Stories Total
Yes
Year Built
2001
Site & Exterior
Electric
3 Phase
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
1.94
Lot Size Area
1.9368
Lot Size Square Feet
84366
Lot Size Units
Acres
Parking Features
Over 30 Spaces
Public Survey Range
19
Public Survey Section
07
Road Frontage Type
County Road
Road Surface Type
Asphalt
Total Acreage
1 to less than 2
Zoning
PD
Financials
Calculated List Price By Calculated Sq Ft
412.73
Contract Status Change Date
2025-01-31
Current Price
6200000
Feed Types
BBO
Owner Name
CHANNELSIDE PARTNERS LLC
Ownership
Corporation
Parcel Number
A0729194MCB0000000004.0
Public Survey Township
29
Tax Annual Amount
56907.51
Tax Block
B
Tax Book Number
1-104
Tax Legal Description
FENDIGS SUBDIVISION LOTS 1 TO 12 BLOCK B AND LOTS 15 TO 19 BLOCK B TOGETHER WITH A PORTION OF THE 10 FOOT VACATED ALLEY BEING MORE PARTICULARLY DESCRIBED AS: BET AT SE COR OF LT 12 BLK B FENDIGS SD THN N89-35 -42W 410 FT TO E RW OF N NEBRASKA AVE, THN ALG SAID E RW LINE N00-27-43E 175.01 FT TO A CURVE CONCAVE SELY W RADIUS OF 41 FT THN NELY CB N45-26E CHD DISTANCE 57.95 FT TO S RW OF MLK JR BLVD THN ALG SAID LINE S89-35-42E 81.22 TO A CURVE CONCAVE NLY W RAD OF 1484.11 FT CHD BRG N87-27-05E CHD DISTANCE 152.94 FT TO A REV CURVE CONCAVE SLY W RAD OF 1186.37 FT, CB N86-33-30E CHD DIST 85.29 FT THN S00-27-43W 104.57 FT THN S89-35-42E 50 FT THN S00-27-43W 125 FT TO POB LESS FOLLOWING DESC PARCEL: COM AT SE COR OF LOT 12 BLOCK B THN N 89 DEG
Tax Lot
12
Tax Year
2023

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33603 - Tampa / Seminole Heights
Subdivision Name
FENDIGS SUB
Listing provided courtesy of STELLAR via IDX. Updated: Jun 16, 2026, 6:08pm.
Michael Braccia, PA

Listing Agent

BAY STREET COMMERCIAL LLC

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