Two-Story Retail and Office
1814 North 15th St Tampa, FL 33605
For Sale
Contact for pricing
Two-story brick building offers downstairs retail with upstairs office space, plus gated parking at the rear.
Property Size8,714 SF
Lot Size0.17 Acres
Price / SF$459.02
Days on Market1057
Property Features for 1814 North 15th St
General Information
Standard status
Active
Size
8,714 SF
Lot size
0.17 Acres
Property subtype
OFFICE
Listing Agency:
William D. Besselieu
(813) 263-5854
Listed By:
William D Besselieu
(813) 263-5854
Source:
Moodyscre
Added: Sep 8, 2023
Changed: Jul 28
Last Checked: Jul 29 at 2:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William D. Besselieu
Investment Insights
Based on property information with market context.
This two-story historic brick building was built in 1905 and is currently configured as office space upstairs with retail and office space downstairs. The upstairs office includes a reception area, conference room, break room, twelve private offices, and two bathrooms, with skylights, wood floors, modern lighting, and multiple windows. A rear stairwell provides access to the gated parking lot. The property also includes storage space.
The building is located at a lighted intersection of 15th St and 8th Ave, within an Opportunity Zone, and zoned YC-1 (Ybor City Commercial Core). Utilities include Tampa Electric and City of Tampa service for water and sewer. Parking is provided via a gated parking lot at the rear of the building, currently configured with six parking spots (subject to verification).
Recent exterior and mechanical updates include a new TPO roof installed in 2023 and HVAC unit replacements: roof HVAC units in 2021 and downstairs HVAC units in 2017. The owner currently occupies the upstairs and may consider a leaseback upon closing or vacate at closing, while the downstairs law firm tenant is month to month and the downstairs corner retail unit is leased to a new tenant.
The building is located at a lighted intersection of 15th St and 8th Ave, within an Opportunity Zone, and zoned YC-1 (Ybor City Commercial Core). Utilities include Tampa Electric and City of Tampa service for water and sewer. Parking is provided via a gated parking lot at the rear of the building, currently configured with six parking spots (subject to verification).
Recent exterior and mechanical updates include a new TPO roof installed in 2023 and HVAC unit replacements: roof HVAC units in 2021 and downstairs HVAC units in 2017. The owner currently occupies the upstairs and may consider a leaseback upon closing or vacate at closing, while the downstairs law firm tenant is month to month and the downstairs corner retail unit is leased to a new tenant.
Key Highlights
- Two‑story historic brick building (built 1905) with retail/office downstairs and office upstairs
- 8,714 SF total (includes 912 SF storage) on a 55’ x 138’ (0.17 acre) lot
- Located at the lighted intersection of 15th St & 8th Ave in YC‑1 (Ybor City Commercial Core) and within an Opportunity Zone
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $209.1k | $24.00 |
| − Vacancy | −$51.2k | −$5.88 |
| EGI | $157.9k | $18.12 |
| − OpEx | −$39.5k | −$4.53 |
| NOI | $118.4k | $13.59 |
8,714 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.69M
$1.48M – $1.97M
NOI $118,423 @ 7.0% cap · market cap 2.96%
Second Best
Retail
$1.48M
$1.30M – $1.73M
NOI $103,758 @ 7.0% cap · market cap 2.59%
Theoretical Best
Office A
$2.03M
$1.78M – $2.37M
NOI $142,108 @ 7.0% cap · market cap 3.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Two-story brick building offers downstairs retail with upstairs office space, plus gated parking at the rear.
Where is this office building located?
The property is located at 1814 North 15th St Tampa, FL.
What is the asking price?
The asking price for this property is $3,999,900.
What are key features of this property?
This property features: Two‑story historic brick building (built 1905) with retail/office downstairs and office upstairs; 8,714 SF total (includes 912 SF storage) on a 55’ x 138’ (0.17 acre) lot; Located at the lighted intersection of 15th St & 8th Ave in YC‑1 (Ybor City Commercial Core) and within an Opportunity Zone
