308 E Waters Ave, Tampa, FL 33604 | For Sale

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For Sale $660,000 ($286.96 per Sq Ft)

$660,000 ($286.96 per Sq Ft)
  • (0)
  • Units
  • 2,300 Sq Ft
  • 4,075 Sq Ft
  • Unknown Cap Rate

Description

Restaurant + Office+ 1/1 Residential!! An exceptional opportunity awaits at 308 E Waters Avenue, offering a unique mix of commercial and residential spaces in a rapidly developing Tampa corridor. Perfect for both investors and owner-operators, this multi-use property combines a restaurant space, office/retail unit, and a detached one-bedroom home, all in a high-visibility location near Seminole Heights. The 1,500 sq. ft. restaurant space is ready for immediate use, with the kitchen featuring a hood system, 3-tier sink, and prep and storage areas. This space is flexible with a counter for pickup service and a spacious dining room for dine-in service. Designed for smooth, efficient operations, it’s an ideal setup for restaurateurs looking to launch or expand their concept with minimal build-out time. The layout supports strong customer flow and offers prime visibility on a busy thoroughfare, drawing consistent local and commuter traffic. Next door, the office or retail unit provides additional flexibility—perfect for professional services, boutique retail, or as a complementary business space. This extra unit enhances income potential and allows for multi-tenant use, maximizing returns for investors or offering expansion space for owner-operators. At the rear of the property sits a detached one-bedroom home, offering even more versatility. Use it as a rental unit for additional income, on-site living quarters for staff or owners, or even office/storage space to support the commercial operations. Compact, well-maintained, and easy to lease, it adds a steady residential revenue stream or operational convenience. The spacious lot with ample parking ensures convenience for customers, employees, and tenants—a major advantage in this bustling area. Its proximity to I-275 provides seamless access to downtown Tampa, Seminole Heights, and major commercial corridors, making it highly attractive for customers and deliveries alike. Situated in an up-and-coming area with strong development momentum, 308 E Waters Avenue offers tremendous long-term growth potential. Whether you’re an entrepreneur looking for a live-work opportunity, a restaurateur ready to expand, or an investor seeking diversified income streams, this property delivers flexibility, function, and future value in one of Tampa’s most exciting markets.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $660,000
Property Type Flex Space
Usable Sqft 2,300
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1955
Last Sold Unknown
Sold Price Unknown
APN # A2428183EF00002900003.1
MLS # TB8444105
Property ID 315990258
Lot Sqft 4,075
Zoning CG
Days on Market 49
Original List Price $660,000
Date Updated November 08, 2025
Date Created November 03, 2025

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Randall Heffernan an agent of .


© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of November 08, 2025 The information being provided is 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.



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