Listing details for 3917 Nebraska Ave, Tampa, FL 33603 : This former 15,022 SF freestanding drug store (Walgreens) is situated on a 84,366 SF (1.94 Acre) CG (Commercial General) zoned lot at the lighted intersection of Nebraska Ave and Dr Martin Luther King Jr Blvd which enjoys a combined traffic count of 35,000 VPD (both streets). The interior of the structure features high ceilings of approximately 20 ft and column spacing of 35 ft and has a covered drive through lane and ample 3-phase power. The building as also fully fire sprinklered. The site features excellent access from both Dr Martin Luther King and Nebraska Ave and boasts 67 parking spaces. Preliminary site plan approval for a "Live Local" redevelopment yielded a probable site plan of 230-250 units with 7 story height limit after a zoning & comprehensive plan change. The property sits within an Opportunity Zone, and, given the scope of the potential project, a doubling of basis would be easy to achieve.
** Also available for lease
Located on N. Nebraska Avenue and E. Martin Luther King, Jr. Blvd. and close to I-275 and I-4, offering easy access to surrounding areas, including downtown.
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Listing Updated : 02-18-2026 at 7:16 PM EST
Listing Provided By : Michael Braccia, PA, 813-254-6756, BAY STREET COMMERCIAL LLC
Source :
Stellar MLS as distributed by MLS GRID, MLS#: MFRTB8345181
Property Details
Overview
Status
Active
MLS #ID
MFRTB8345181
Price
$6,200,000
Bedrooms
Bathrooms
0
Square Footage
15,022
Acres
1.94
Year
2001
Days on Site
108
Property Type
Commercial Sale
Property Sub Type
Retail
Price per Sq Ft
$413
Date Listed
Jan 31, 2025
Community Information for 3917 Nebraska Ave, Tampa, FL 33603
Based on information submitted to the MLS GRID as of 2026-04-10 at 10:02 p.m. EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information