813-810-4444
412 E Madison St, Tampa, FL for Sale
Office - FOR SALE
1/31
null | Request Cap Rate

412 E Madison St
Tampa, FL 33602
Waterfront Park


HIGHLIGHTS

  • Freestanding Building - Downtown Tampa
  • 350 Parking Spaces in Building Parking Garage
  • Ground Floor Retail Space
  • Office Space on Floors 8-12
  • Landmark Property -Never Before Brought to Market
  • Plenty of Investor Upside Potential or Re-Development Opportunity

OVERVIEW

In the heart of downtown Tampa, this iconic 12-story office building offers a rare investment opportunity for investors and developers. Built in 1966, the property spans 100,000 square feet and also includes an on-site parking garage with 350 covered spaces. Its premium location on a half-acre lot provides stunning 360° views of downtown Tampa, Water Street, and the Riverwalk, placing it within walking distance of all the city has to offer. The property is adjacent to the historic Sacred Heart Catholic Church, blending Tampa’s rich history and charm with modern potential. As downtown Tampa continues its revitalization, this building presents an ideal opportunity for buy-and-hold strategies or transformative redevelopment. Whether you're seeking immediate cash flow or long-term growth, this property is uniquely positioned to capitalize on Tampa's booming market. With active ground-floor retail, an impressive occupancy rate offering a variety of suite sizes and configurations, and a parking garage adding significant property income, this asset generates steady income while offering significant value-add opportunities throughout. From modernizing interiors to unlocking additional revenue streams to redeveloping from the ground up, this property provides endless potential for investors looking to maximize returns. Opportunities such as this rarely come available, particularly in the Downtown Tampa Central Business District. This landmark property has remained under family ownership since it was originally built in 1966.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Landmark Property - 412 E Madison

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

12

BUILDING CLASS

B

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

350

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

CBD-1

APN/PARCEL ID

A-24-29-18-4ZI-000056-00001.0

ASK ABOUT THIS PROPERTY

Sanford MahrTMC-The Mahr CompanyMore Info
813-810-4444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Sanford MahrTMC-The Mahr CompanyMore Info
813-810-4444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.