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Active Restaurant/Entertainment
$1,675,000
7507 N Armenia Ave, Tampa FL 33604, Tampa, FL 33604
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1969
Year Built

About This Property

Rare opportunity for an owner-operator or investor to acquire a turnkey commercial (CG) restaurant in a high-growth Tampa submarket. Beautifully remodeled, this freestanding asset is uniquely structured for immediate income or a rapid launch, thanks to a 90-day lease termination clause upon sale.

The highly functional layout features a spacious, tiled dining area, a fully equipped commercial kitchen, walk-in freezer & cooler, reception counter, beverage/dessert stations, office space, & 3 restrooms. Outside, the property boasts low-maintenance landscaping, outdoor seating, and a welcoming waiting area. Perfect for a flagship concept, event venue, or quick-service drive-thru expansion. Freestanding Corner-Lot: High-visibility Tampa location with ample paved parking.

Turnkey Asset: Sale includes building, land, commercial kitchen equipment, & seating.

4COP SRX License: Allowed for full liquor service on-premise.

157+ Approved Seats: Ideal for high-volume dining & private events (weddings, banquets).

Drive-Thru Window: Built-in capability for immediate secondary revenue.

Recently Remodeled: Upgraded interior finishes & newer high-efficiency A/C system.

Modified Gross Lease: Tenant pays insurance/maintenance; Landlord pays RE taxes.

Owner-User Flexibility: Current lease may be terminated with 90 days’ notice upon sale.

Prime Location: Central footprint with rapid access to major highways.

Property Details

Property Type Restaurant/Entertainment
Days on Market Just listed
HOA Fee None
Parking 15 spaces
Pool No
Waterfront No
Community
Pets Allowed

Location

Comparable Sales

8 closed sales · 1-mile radius · last 12 months · Tampa

Est. Market Value
$342,078
Range: $287,300 – $455,000
Listed 389.7% above estimated market value ($1,332,922 over comps). Buyers should negotiate.
Address
Closed
Price
Beds
Baths
Sqft
vs Ask
7007 Lambright Ct, Tampa FL 33634
Townn Country Park Unit 22 · 1968
$600,000
Mar 17, 2026
$600,000
$298/sf
6
5
2,012
+0%
10926 N 29TH ST, Tampa FL 33612
COLLEGE VILLAGE · 1966
$287,300
Mar 6, 2026
$285,000
$240/sf
3
2
1,197
+0.8%
13941 Clubhouse Dr # 204, Tampa FL 336118
Emerald Green Villas · 2008
$260,000
Nov 21, 2025
$285,000
$256/sf
2
2
1,016
-8.8%
8319 N 14Th Street, Tampa FL 33604
SULPHUR SPGS ADD · 1982
$375,000
Nov 19, 2025
$379,900
$267/sf
5
3
1,404
-1.3%
8304 N ORLEANS AVE, Tampa FL 33604
WATROUS GARDENS · 2004
$299,000
Aug 7, 2025
$285,000
$174/sf
3
3
1,716
+4.9%
2904 W XANTHUS ST, Tampa FL 33614
15D | WATERS AVENUE ESTATE · 1972
$455,000
Jun 25, 2025
$455,000
$305/sf
4
2
1,494
+0%
8647 MALLARD RESERVE # 201, Tampa FL 33614
THE GRAND RESERVE CONDO · 1988
$129,990
Mar 25, 2025
$129,990
$224/sf
1
1
581
+0%
6119 W Linebaugh Ave, Tampa FL 33625
ZZZ | UNPLATTED
$380,000
Jan 7, 2025
$399,000
0
0
-4.8%
$337,000
Median Sale
$348,286
Trimmed Avg
$251/sf
Avg $/sqft
8 sales
Comps Found

Comp data from Miami MLS. Estimate is automated and does not account for condition, upgrades, or lot features. For a full CMA, contact Dayron Crespo, Broker.

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Dayron Crespo
Broker Associate

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