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502 W Grand Central Ave
Tampa, FL 33606
Retail Property For Sale


Investment Highlights
- Prime Hyde Park location across from University of Tampa
- Freestanding building ideal for flagship retail or dining
- Surrounded by luxury apartments and high-income households
- PD zoning allows for flexible commercial uses
Executive Summary
Positioned in the heart of Tampa’s vibrant Hyde Park neighborhood, this freestanding retail or restaurant property offers a rare opportunity for ownership or lease in one of the city’s most dynamic corridors. Located directly across from the University of Tampa, which boasts over 10,000 students, and the iconic Oxford Exchange—a bustling hub of dining, retail, and coworking—this site benefits from exceptional visibility and foot traffic.
The property spans 4,108 square feet across two floors (2,397 SF on the first floor and 1,711 SF on the second), situated on a compact yet highly functional 0.116± acre parcel. Its PD (Planned Development – Commercial) zoning allows for flexible use, making it ideal for a boutique retailer, chef-driven concept, or experiential brand seeking a flagship location.
Surrounded by high-end residential developments like Altis Grand Central with over 300 units, and nestled among a mix of upscale dining, fitness, and lifestyle destinations, the site is immersed in a densely populated area with an average household income exceeding $146,000 within a one-mile radius. The daytime population surges to over 78,000, offering a robust customer base for both lunch and evening traffic.
With immediate access to major thoroughfares and proximity to Downtown Tampa, Water Street, and Hyde Park Village, this location offers unmatched connectivity and exposure. The property’s unique architecture and standalone presence further enhance its branding potential
The property spans 4,108 square feet across two floors (2,397 SF on the first floor and 1,711 SF on the second), situated on a compact yet highly functional 0.116± acre parcel. Its PD (Planned Development – Commercial) zoning allows for flexible use, making it ideal for a boutique retailer, chef-driven concept, or experiential brand seeking a flagship location.
Surrounded by high-end residential developments like Altis Grand Central with over 300 units, and nestled among a mix of upscale dining, fitness, and lifestyle destinations, the site is immersed in a densely populated area with an average household income exceeding $146,000 within a one-mile radius. The daytime population surges to over 78,000, offering a robust customer base for both lunch and evening traffic.
With immediate access to major thoroughfares and proximity to Downtown Tampa, Water Street, and Hyde Park Village, this location offers unmatched connectivity and exposure. The property’s unique architecture and standalone presence further enhance its branding potential
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,108 SF
Building Class
C
Year Built
1989
Tenancy
Single
Building Height
2 Stories
Building FAR
0.86
Lot Size
0.11 AC
Zoning
PD - Planned Development
Frontage
83’ on Grand Central Ave
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | A-24-29-18-4ZV-000012-00013.2 | Improvements Assessment | $777,600 |
| Land Assessment | $100 | Total Assessment | $777,700 |
Property Taxes
Parcel Number
A-24-29-18-4ZV-000012-00013.2
Land Assessment
$100
Improvements Assessment
$777,600
Total Assessment
$777,700
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