Commercial Sale · Mixed Use
7502 N 40TH STREET, TAMPA, FL, 33604
Active36 days on marketListed Jul 3, 2026MLS #TB8525301
About this property
The property at a glance
**Seller financing available with an acceptable down payment** Discover an exceptional redevelopment opportunity on this cleared, buildable commercial parcel in a high-visibility location along Tampa's thriving 40th Street corridor. This landmark property was home to a beloved family-owned seafood market that successfully served the community for more than 50 years and is now ready for its next chapter. With public water, sewer, and high-speed internet available, the site is primed for development. Zoned General Commercial (CG), the property offers a wide range of potential uses, including retail, office, restaurant, mixed-use, and other commercial ventures. A standout feature is its three existing curb cuts, providing exceptional access, improved traffic flow, and added flexibility for future site design—an increasingly valuable asset for developers and business owners alike. Conveniently located with easy access to major roadways, public transportation, and surrounding amenities, the property offers outstanding visibility and accessibility. For buyers exploring residential redevelopment, the site may have the potential for approximately 10–12 residential units, subject to final site design, density, zoning approvals, and applicable county requirements. Buyers are encouraged to conduct their own due diligence with Hillsborough County regarding zoning, permitted uses, variances, and development requirements. Whether you're an owner-user, developer, or investor seeking your next project, this unique property offers tremendous upside in one of Tampa's rapidly growing corridors. Contact us today for additional information or to schedule your private tour.
16,798
Building sq ft
$26
Price / sq ft
0.39
Lot acres
1957
Year built
0
Buildings
CG
Zoning
Mixed Use
Property type
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)
Estimated payment
$2,307/mo
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 Steeve to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
37,490
Population
$44,203
Median income
36
Median age
2
Avg household
$172,343
Median home value
$1,304/mo
Median rent
3,868
Households w/ kids
Consumer profile
These people aren't afraid to nerd out. Common activities include comic books, video games, and often intellectual pursuits.
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.
Looking good and reaching fitness goals is all about discipline: Eat right. Work hard. No excuses. This population is more likely to view working out as a means to an end.
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.
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.
Passionate about all things hair, this population is talking about hair tutorials or the hottest celebrity blowout.
Recent sales
What actually sold near 7502 N 40TH STREET
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$23,400
110 E DR MARTIN LUTHER KING JR BOULEVARD
200 sqft · $117/sqft · Sold May 21, 2026
$195,000
7000 N NEBRASKA AVENUE
Sold May 16, 2025
$460,000
1318 E DR MARTIN LUTHER KING JR BOULEVARD
1,074 sqft · $428/sqft · Sold Apr 6, 2026
Your team
The pros in your corner
Your agent
Steeve Cadeau
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 7502 N 40TH STREET — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 7502 N 40TH STREET.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Steeve's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of MUSGRAVE GROUP LLC · KT Tershowski. MLS #TB8525301.
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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