Two-Story Corner Mixed-Use
1829 E 7TH AVENUE Tampa, FL 33605
1829 E 7TH AVENUE, Tampa, FL, 33605
$5,750,000
For Sale
$5,750,000
Two-story red brick corner building with a wrought iron balcony and flexible space for retail, restaurant, and professional office use.
Property Size12,546 SF
Price / SF$458.31
Days on Market24
Property Features for 1829 E 7TH AVENUE
General Information
- Standard status
- Active
- Size
- 12,546 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1914
Listing agency
MCBRIDE KELLY & ASSOCIATES
(813) 254-0900
Listed by
Brian McBride · License #3014081
Source
Endlesssummerrealty
Added: Jun 29 Updated: Jul 22 at 1:50AM Checked: Jul 22 at 5:03AM
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 MCBRIDE KELLY & ASSOCIATES
Investment Insights
Based on property information with market context.
This landmark two-story red brick mixed-use building features an ornate facade with a wrought iron balcony. The property was built in the late 19th century and offers flexible space for retail, restaurant, and professional office tenants, with a standout upper-floor suite.
The second floor includes exposed brick, hardwood floors, skylights, and a signature executive boardroom. Situated on a prime corner on E 7th Avenue, the property sits on Ybor City’s main commercial corridor.
The combination of historic exterior character and distinctive upper-level finishes supports a range of tenant layouts within the building’s existing retail and office/restaurant-oriented configuration.
The second floor includes exposed brick, hardwood floors, skylights, and a signature executive boardroom. Situated on a prime corner on E 7th Avenue, the property sits on Ybor City’s main commercial corridor.
The combination of historic exterior character and distinctive upper-level finishes supports a range of tenant layouts within the building’s existing retail and office/restaurant-oriented configuration.
Key Highlights
- 1914‑built two‑story red brick corner building with wrought iron balcony
- Flexible tenant space for retail, restaurant, and professional office use
- Ornate facade detailing and corner presence on E 7th Avenue
Local Financial Insights For Specialty Retail
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 | $240.9k | $19.20 |
| − Vacancy | −$12.0k | −$0.96 |
| EGI | $228.8k | $18.24 |
| − OpEx | −$57.2k | −$4.56 |
| NOI | $171.6k | $13.68 |
12,546 SF · lease $19.20/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.45M
$2.15M – $2.86M
NOI $171,629 @ 7.0% cap · market cap 2.98%
Second Best
Office B
$2.44M
$2.13M – $2.84M
NOI $170,500 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$2.92M
$2.56M – $3.41M
NOI $204,600 @ 7.0% cap · market cap 3.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Las Vegas Tattoo ...
Tattoo & Piercing Shop
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FAQs
What type of property is this?
Mixed-use property - Two-story red brick corner building with a wrought iron balcony and flexible space for retail, restaurant, and professional office use.
Where is this mixed-use property located?
The property is located at 1829 E 7TH AVENUE Tampa, FL.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: 1914‑built two‑story red brick corner building with wrought iron balcony; Flexible tenant space for retail, restaurant, and professional office use; Ornate facade detailing and corner presence on E 7th Avenue
