CENTURY 21 Edge
Assembly Building

Commercial Sale · Assembly Building

$425,000$450,0001,832 sq ft$232 /sq ft0.23 acres

4501 N 42ND STREET, TAMPA, FL, 33610

Active78 days on marketListed May 29, 2026MLS #TB8513670

About this property

The property at a glance

Introducing 4501 N 42nd St, Tampa, FL 33610 — a versatile, fully fenced assembly building perfect for your organization's next chapter. Built in 1951 and offering 1,720 square feet of interior space, this property sits on a generous 10,000 SqFt lot (0.23 acres), with capacity for 19 to 30 parking spaces — a rare find in this area. Inside, you'll find two restrooms, central A/C, and a layout that’s move-in ready and furnished with seating, making it ideal for religious services, community gatherings, or creative use. The exterior features a durable stucco finish and a shingle roof, while a sturdy metal gate provides added security. Utilities are easily accessible with public connections in place. Whether you're looking to expand an existing ministry, establish a new meeting space, or invest in a flexible-use property, this well-maintained assembly building offers incredible value and functionality in a convenient Tampa location. Contact us today to schedule your private tour.

1,832

Building sq ft

$232

Price / sq ft

0.23

Lot acres

1951

Year built

1

Building

PD

Zoning

Assembly Building

Property type

Building size1,832 sq ft
Lot size0.23 acres
Year built1951
Buildings1
ZoningPD
Parking19 to 30 Spaces
ConstructionStucco
CoolingCentral Air
HeatingCentral
UtilitiesElectricity Available · Public
Annual taxes$134

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $106,250
Interest rate6.00%
Loan term

Estimated payment

$2,082/mo

Principal & interest$1,911
Property taxes (actual bill)$11
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 Kemarie to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

30,500vehicles / day · 2025Sr-574 / E Mlk Jr Bl to Us-92/Sr-600 · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Cougar Cafe at WIBMMSRestaurant0.5 mi
B&D SupermarketGrocery0.6 mi
Salem’s Fresh EatsRestaurant0.7 mi
Mona's FashionRetail0.7 mi
ChevronGrocery0.7 mi
ABC Fine Wine & SpiritsRetail0.7 mi
Village MotelLodging0.7 mi
Nick's Gyros & SubsRestaurant0.9 mi
Dunkin'Restaurant0.9 mi
ShellGrocery1 mi
Church's ChickenRestaurant1 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

983

Population

$45,623

Median income

37

Median age

3

Avg household

$187,302

Median home value

$1,246/mo

Median rent

114

Households w/ kids

Consumer profile

NetworkingTop 7%

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.

Party LifeTop 7%

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.

Girl SquadTop 10%

From girls night out to a movie night in with their closest gal pals, this population is all about getting the girls together for an evening of fun.

Late-night LeisureTop 13%

Ready to turn up when the sun goes down, this population is looking for nighttime entertainment at home or out on the town.

Fueling for FitnessTop 16%

A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.

Wealth SignalingTop 17%

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Recent sales

What actually sold near 4501 N 42ND STREET

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

6224 DIAMOND STREET

$420,000

6224 DIAMOND STREET

3,088 sqft · $136/sqft · Sold Jul 17, 2025

3546 N 40TH STREET

$680,000

3546 N 40TH STREET

4,028 sqft · $169/sqft · Sold Jul 31, 2026

2909 N NEBRASKA AVENUE

$550,000

2909 N NEBRASKA AVENUE

12,660 sqft · $43/sqft · Sold Feb 17, 2025

Your team

The pros in your corner

Kemarie Johnson

Your agent

Kemarie Johnson

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 4501 N 42ND STREET — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 4501 N 42ND STREET.

See it in person

Schedule a tour

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

Listing courtesy of PEOPLE'S CHOICE REALTY SVC LLC · Smith Desir. MLS #TB8513670.

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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