38444 5th Ave
Zephyrhills, FL 33542
Historic Retail Center · Retail Property For Sale

Reduced! This is a great opportunity to own a 9,839 Sq.Ft. brick & mortar retail building located in Zephyrhills' historic downtown. This property is only 29% occupied (2/4 spaces leased) and recently went through a foreclosure, which means there is significant value for an owner-user or investor looking for a great new project. The property is situated on Main Street (Fifth Avenue) which features numerous businesses, City Hall and strong foot traffic. Additionally, it is situated just 1 1/2 blocks east of US Hwy 301/Gall Blvd. In 2015, $700,000+ was spent to renovate the 5,555 sq.ft. end-cap into a state-of-the-art office and retail space, which functioned as a family pharmacy. There is strong demand to lease space on Main Street and the location lacks restaurants. Converting 1 or 2 of this building's vacant spaces into a café or restaurant would add great synergies and drive stronger traffic. Historic District means that businesses should be primarily retail and to maintain the downtown's brownstone appeal.