Commercial Sale · Assembly Building
2902 N ALBANY AVENUE, TAMPA, FL, 33607
Active91 days on marketListed May 16, 2026MLS #W7885816
About this property
The property at a glance
Historic House of Worship in quaint Old Tampa neighborhood. Sanctuary is located on corner property near Columbus and Armenia, with mature trees and easy walking distance to Columbus and to Armenia for shopping and restaurants. Building has been a neighborhood landmark in the area since 1920. Always a church building but it is time for much renovation and rehab to the existing structure, the extent of repairs are unknown. The location lies inside the boundaries of Tampa's Historic district is super desirable. Zoning is designated multi-family, but could support other neighbor hood uses if building is modified or replaced. Excellent opportunity to bring back this iconic building to its former glory, or to take advantage of the location for other development projects.
1,784
Building sq ft
$154
Price / sq ft
0.11
Lot acres
1920
Year built
1
Building
RM-16
Zoning
Assembly Building
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$1,411/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask John to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
24,960
Population
$66,404
Median income
39
Median age
2.14
Avg household
$316,100
Median home value
$1,771/mo
Median rent
1,882
Households w/ kids
Recent sales
What actually sold near 2902 N ALBANY AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$550,000
2909 N NEBRASKA AVENUE
12,660 sqft · $43/sqft · Sold Feb 17, 2025
$3,600,000
6101 N ARMENIA AVENUE
13,401 sqft · $269/sqft · Sold Mar 26, 2026
$980,000
3712 W AZEELE STREET
2,081 sqft · $471/sqft · Sold Dec 22, 2025
Your team
The pros in your corner
Your agent
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, offers, and every question about 2902 N ALBANY AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 2902 N ALBANY AVENUE.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of RE/MAX SUNSET REALTY · Brian Pfister. MLS #W7885816.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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