308 E Waters AvenueTampa, FL 33604Price: $660,000

  • Price: $660,000
  • 39 Days on Market
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Federal 30-year interest rate: 6.22% last updated on Dec 11, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $660,000List Price
  • 0.09Acreage
  • 4,500Square Feet

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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.

Property Details of 308 E Waters Avenue

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Listed by FRANK ALBERT REALTY

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of December 12, 2025 5:30 AM EST. 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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