For Sale
$1,999,900

1401 22Nd Ave Tampa, FL 33605

8,534 SF Office Building, 6% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 8,534 square foot executive office building presents a compelling investment opportunity in Tampa's vibrant Ybor City. Located in an Opportunity Zone, this single-story, 1973-built structure boasts a flexible floor plan suitable for multiple tenants or a single user. Currently configured as a professional office center with several short-term leases, the building offers a strong potential for rental income and future appreciation. The property features 20 parking spaces, monument and building signage, and is strategically positioned near Interstates 275 and I-4, ensuring excellent accessibility. Built with masonry/frame stucco construction, it includes high ceilings (10'+/-), high-speed internet, advanced security, and energy-efficient features. All furniture is included. The 0.55-acre lot is zoned RO-1(Building)/RS-50(lot) with future residential land use (20, .50 FAR). Annual property taxes total $17,935. The building enjoys high visibility with approximately 2,700 daily traffic counts on 14th Street and proximity to amenities including upscale restaurants, shops, hotels, and Cuscaden Park (8.6 acres with sports facilities). This turnkey opportunity combines a prime location, attractive features, and strong investment potential. APN: 186402-0000; 186401-000. Asking price: $1,999,900. Price per square foot: $23.42. Cap rate: 6.00%.

Highlights

  • $1,999,900 asking price for an 8,534 SF executive office building.
  • Located in Tampa, FL's Ybor City, in an Opportunity Zone.
  • Features 20 parking spaces and a 0.55-acre lot.
  • Class C building, built in 1973, with RO-1(Building)/RS-50 (lot) zoning.
  • Includes all furniture; currently multi-tenant with short-term leases, offering owner-user or investment potential.
  • 6% cap rate, $23.42/SF price.

Property Details for 1401 22Nd Ave

Property type
Office properties
Square Feet
8,534 SF
Class
C
Year Built
1973
Lot Size (sq. ft)
23,958 SF

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
27.9710788
Longitude
-82.443823

FAQs

What type of property is this?
Office property - 8,534 SF Office Building, 6% Cap Rate
Where is the office property located?
The property is located at 1401 22Nd Ave Tampa, FL.
What is the asking price?
The asking price for this property is $1,999,900.
What are key features of this property?
This property features: $1,999,900 asking price for an 8,534 SF executive office building.; Located in Tampa, FL's Ybor City, in an Opportunity Zone.; Features 20 parking spaces and a 0.55-acre lot.
How can I contact the broker?
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1401 22Nd Ave
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