CENTURY 21 Edge
✦ Restaurant

Commercial Sale · Restaurant

$1,150,000$1,300,00014,588 sq ft$79 /sq ft0.33 acres3 units

5202 N NEBRASKA AVENUE E, TAMPA, FL, 33603

Active212 days on marketListed Feb 27, 2026MLS #TB8479960

About this property

The property at a glance

MAJOR PRICE REDUCTION – SUBMIT YOUR OFFERS FOR THIS TURNKEY RESTAURANT IN SEMINOLE HEIGHTS!| PRIVATE PARKING | STANDALONE BUILDING & LAND | SELLER MOTIVATED!!! Rare opportunity to acquire a fully operational restaurant property in one of Tampa's most sought-after dining and redevelopment corridors. Located at 5202 N Nebraska Ave, this offering includes a 2,212 SF standalone building and approximately ±0.33 acres (±14,588 SF) of land, providing a unique owner-user opportunity with no landlord restrictions, lease negotiations, or condominium association limitations. The property is currently operating as a restaurant and includes a fully outfitted kitchen, dining area, and available furniture, fixtures, and equipment (FF&E), allowing a new owner to potentially continue operations with minimal downtime. A major advantage is the property's private, dedicated on-site parking lot, an increasingly rare feature along the Nebraska Avenue corridor that provides added convenience for customers and staff. Recent pricing adjustments have created a compelling value proposition, with a $100,000 price reduction bringing the offering to $1,150,000, or approximately $520 a square foot. This strategic location benefits from strong daily traffic counts, outstanding visibility, and direct access to the growing Seminole Heights market, surrounded by ongoing residential development, new townhome projects, and continued commercial investment. Ideal for restaurateurs, hospitality groups, franchise operators, investors, or entrepreneurs seeking a high-exposure location with immediate operational capability and long-term appreciation potential. Opportunities to purchase a standalone restaurant building with dedicated parking and land ownership in Seminole Heights are becoming increasingly scarce. Seller is motivated and actively reviewing offers.

14,588

Building sq ft

$79

Price / sq ft

0.33

Lot acres

1957

Year built

3

Units

1

Building

SH-CI

Zoning

Restaurant

Property type

Building size14,588 sq ft
Lot size0.33 acres
Year built1957
Units3
Buildings1
ZoningSH-CI
Parking19 to 30 Spaces
ConstructionBlock
CoolingCentral Air
HeatingElectric
UtilitiesBB/HS Internet Capable · Electrical Nearby · Electricity Available · Phone Available · Public · Sewer Nearby · Underground Utilities
Annual taxes$6,410

The numbers

Investment snapshot

$383,333

Price / unit

3

Units

Estimated payment (illustrative)

Down payment25% · $287,500
Interest rate6.00%
Loan term

Estimated payment

$5,865/mo

Principal & interest$5,171
Property taxes (actual bill)$534
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Shawn to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

190,000vehicles / day · 2025Bridge No-100204 to Bridge No-100211 · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Tampa Pizza DeliveryRestaurant0 mi
Nebraska Avenue @ Frierson Avenuebus stop0 mi
Nebraska Avenue @ Frierson Avenuebus stop0 mi
Nebraska Avenue @ Wilder Streetbus stop0.1 mi
Nebraska Avenue @ Hillsborough Avenuebus stop0.1 mi
Taco BusRestaurant0.1 mi
Nebraska Avenue @ Hillsborough Avenuebus stop0.1 mi
Ebisu Sushi ShackRestaurant0.1 mi
Ella's Americana Folk Art Caferestaurant0.1 mi
Hillsborough Avenue @ Nebraska Avenuebus stop0.1 mi
Nebraska Avenue @ Mc Berry Streetbus stop0.1 mi
Papa John'sRestaurant0.2 mi
Nebraska Avenue @ Mohawk Avenuebus stop0.2 mi
Giddens ParkPark0.2 mi
Columbia Motelmotel0.2 mi
Mobil Martconvenience0.2 mi
Nebraska Avenue @ Mohawk Avenuebus stop0.2 mi
Hillsborough Avenue @ 11th Streetbus stop0.2 mi
Hillsborough Avenue @ 9th Avenuebus stop0.2 mi
StarbucksRestaurant0.3 mi
Nebraska Avenue @ Powhattan Avenuebus stop0.3 mi
Hillsborough Avenue @ Central Avenuebus stop0.3 mi
Nebraska Avenue @ Powhattan Avenuebus stop0.3 mi
Hillsborough Avenue @ 11th Streetbus stop0.3 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

3,121

Population

$69,217

Median income

40

Median age

2

Avg household

$323,910

Median home value

$1,874/mo

Median rent

194

Households w/ kids

Consumer profile

Party LifeTop 14%

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

Hops & BrewsTop 14%

Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.

NetworkingTop 22%

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

HipsterTop 23%

This population swims against the tide of mainstream culture. Common interests include old music, antiques, and alternative diets (i.e., veganism).

Body ArtTop 25%

Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.

Deal SeekersTop 27%

These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.

Recent sales

What actually sold near 5202 N NEBRASKA AVENUE E

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

520 E FLORIBRASKA AVENUE

$902,000

520 E FLORIBRASKA AVENUE

1,644 sqft · $549/sqft · Sold Jul 25, 2025

2710 W WATERS AVENUE

$70,000

2710 W WATERS AVENUE

Sold Sep 18, 2025

1710 E 7TH AVENUE

$139,992

1710 E 7TH AVENUE

7,072 sqft · $20/sqft · Sold Nov 20, 2025

Your team

The pros in your corner

Shawn Lewis

Your agent

Shawn Lewis

Realtor · CENTURY 21 Edge

Tours, offers, and every question about 5202 N NEBRASKA AVENUE E — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 5202 N NEBRASKA AVENUE E.

See it in person

Schedule a tour

Live availability from Shawn's calendar — pick a time and it's booked.

Listing courtesy of CENTURY 21 CIRCLE · Darrell Palmer. MLS #TB8479960.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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