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Gelfand Realty Miami Properties - Commercial

1906 N ARMENIA, TAMPA, FL 33607

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Commercial -

1906 N ARMENIA, TAMPA, FL 33607

Sold Price$3,200,000 Asking Price$3,200,000

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  • Days on market:

    14 day(s)
  • Original Price:

    $3,200,000
  • Price per sqft:

    $55.3
  • Tax Legal Description:

    MAC FARLANES REV MAP OF ADDITIONS TO WEST TAMPA BLOCK 43 LESS W 237.5 FT
  • Tax Year:

    2017
  • Property Type:

    Commercial
  • Construction Type:

    Brick
  • Special Listing Conditions:

    None
  • Lot Features:

    Historic District

Description

$3,200,000 • living size area 57871 sqft

This beautiful historic west tampa cigar factory is a unique opportunity. the four story, 57,871 sf structure sits on a 1.74 acre lot and borders three streets. currently home to ellis van pelt office furniture and the santaella studios for the arts. this beautiful property has a rich history. it was originally built for the santaella cigar company in 1904, which produced fine cigars for notables such as winston churchill and babe ruth. later, the property was purchased and re-purposed by tropical garments. the top two floors and rear addition house a host of local artists and professionals and brings in a gross income of approximately $168,000 annually with tremendous upside potential. the bottom two floors are utilized as warehouse and office space by the current owner who operates an office furniture supply company. the basement has direct exterior grade level access, windows and groundwater pumps and is dry and usable. the main floor is spacious and open w/high ceilings and beautiful exposed brick, original hardwood floors. all floors are accessible by staircase. there is a freight only elevator which could be upgraded to a personnel lift. the building is also equipped with an active fire sprinkler system. the property offers the ability to do a large scale redevelopment and own a rare historical gem, which is a hallmark of tampa's rich cultural history. located in the heavily-traveled area of south tampa north of i-275, east of dale mabry highway and south of columbus drive.

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