11253 N 56TH STREET TEMPLE TERRACE FL 33617 MLS #U8253143 | Gary Kusher | Florida Real Estate

11253 N 56TH STREET
TEMPLE TERRACE, FL, 33617
$2,950,000
Beds
0 Baths
4,275 SqFt
0.97 Acres
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Fantastic opportunity to own a retail building currently with Truist Bank fronting 56th Street in Temple Terrace. The subject property is a .97 acre parcel zoned CG Improvements on the land include a total of 4,275 SF of free standing retail/bank space along with 3,310 SF drive through and 32 parking spaces. Ingress/Egress on the site is achieved by a right in right out of traffic flow heading north on 56th Street and a left turn access heading south bound on 56th Street. The improvements to the land, including the building with SunTrust Bank occurred in 1997. The subject property is located just south of Fowler Avenue and north of Busch Boulevard on North 56th Street. The site is close to the University of South Florida which services over 50,000 pupils, faculty and staff. Additionally Busch Gardens and Adventure Island is nearby receiving approximately 14 million visitors/year. There is also the VA Hospital and the Moffitt Cancer Center in the vicinity. The area has a multitude of retailers, banks, and restaurants as well as hotels. The location of this parcel provides easy access to 56th Street, Fowler Avenue, Busch Boulevard, I-75, I-275 and I-4. 8+ years left with two more additional 5-year options and 3.5% annual escalations.

Property Details

Price:
$2,950,000
MLS #:
U8253143
Status:
Active
Beds:
0
Baths:
0
Address:
11253 N 56TH STREET
Type:
Commercial
Subtype:
Business
City:
TEMPLE TERRACE
Listed Date:
Aug 9, 2024
State:
FL
Finished Sq Ft:
4,275
ZIP:
33617
Lot Size:
42,350 sqft / 0.97 acres (approx)
Year Built:
1997
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Tax Year
2023
Taxes
$24,890

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11253 N 56TH STREET
TEMPLE TERRACE, FL