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.
- Built in 1955
- $286.96/sqft
- Lot size: 4,075 sqft
- 5 days on market
- Directions: From Florida and Waters head East on Waters to the property
- County: Hillsborough
- Geo subdivision: IRVINTON HEIGHTS
Features
Exterior
Utilities
Structure
Pets, Accessibility & Amenities
Financial
Tax, Legal & Financing
Let's get in touch!
Let's get in touch!

Ana Ferreira
Realtor® | Home Matchmaker
- Source: Stellar MLS
- MLS #: TB8444105
Listing updated: November 9, 2025 at 2:45AM
Listing provided by: Randall Heffernan, FRANK ALBERT REALTY
Last checked 0 seconds ago
Listing provided by: Randall Heffernan, FRANK ALBERT REALTY
Last checked 0 seconds ago
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