Multi-Tenant Office
For Sale
Contact for pricing
1919 E 6TH AV, Tampa, FL 33605
Three-story masonry building with secure key-card access, rear parking, and food and beverage ground-floor space.
Property Size6,681 SF
Price / SF$464
Days on Market226
Property Features for 1919 E 6TH AV
General Information
Standard status
Active
Size
6,681 SF
Property subtype
RETAIL
Zoning
YC-7
Additional Details
Office Units
14
Amenities
secure key-card access
private meeting room
conference room
kitchenette
kitchen
private balcony
elevator access
Building Details
Stories
3
Construction
masonry
Tenancy
Multi
Listing Agency:
Florida Commercial Group
(813) 935-9600
Listed By:
Tina Marie Eloian · License #653748
(813) 997-4321
Source:
Moodyscre
Added: Jan 30
Changed: Sep 10
Last Checked: Sep 13 at 6:57AM
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 Florida Commercial Group
Investment Insights
Based on property information with market context.
1919 E. 6th Avenue is a three-story masonry commercial building offering a stabilized, revenue-producing setup with long-term flexibility. The property features secure key-card access and a mix of vinyl and carpet flooring throughout. The ground floor is configured for food and beverage use and is currently operated as a coffee shop, with all fixtures and equipment conveying; this level also includes a private meeting room and benefits from wet zoning.
The second floor is dedicated to professional office use, with eleven private office suites, a large conference room, and a kitchenette. It provides secure, private elevator access. The third floor offers an open office layout with three private offices, an oversized kitchen with a breakfast bar, and a private balcony with views of Ybor City, along with secure elevator access.
Zoned YC-7, the property supports a broad range of commercial uses and includes rear onsite parking, street parking, and nearby paid parking, supporting practical day-to-day access for visitors and tenants.
The second floor is dedicated to professional office use, with eleven private office suites, a large conference room, and a kitchenette. It provides secure, private elevator access. The third floor offers an open office layout with three private offices, an oversized kitchen with a breakfast bar, and a private balcony with views of Ybor City, along with secure elevator access.
Zoned YC-7, the property supports a broad range of commercial uses and includes rear onsite parking, street parking, and nearby paid parking, supporting practical day-to-day access for visitors and tenants.
Key Highlights
- Three‑story masonry commercial building in Historic Ybor City with secure key‑card access
- Zoned YC‑7, supporting a broad range of commercial uses
- Ground level built out for food and beverage; currently operated as a coffee shop (fixtures and equipment convey)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$91,396
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,827,920
$1.8M
Cap Rate 7%
$1,305,657
$1.3M
Cap Rate 9%
$1,015,511
$1.0M
Market Conditions
NOI Build-Up for 6,681 SF
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.
Gross rent
$128.3K $19.20/SF
− Vacancy
−$6.4K −$0.96/SF
EGI
$121.9K $18.24/SF
− OpEx
−$30.5K −$4.56/SF
NOI
$91.4K $13.68/SF
Area
Tampa, FL
Vacancy
5.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,827,920
Cap Rate 7%
$1,305,657
Cap Rate 9%
$1,015,511
Alternative Uses
Best Use
Specialty Retail
$1.31M
$1.14M – $1.52M
NOI $91,396 @ 7.0% cap · market cap 2.95%
Second Best
Office B
$1.30M
$1.13M – $1.51M
NOI $90,795 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$1.56M
$1.36M – $1.82M
NOI $108,954 @ 7.0% cap · market cap 3.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
14
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,152
Businesses Nearby
Explore this area
Business Placement
Demographics for 33605, FL
18,243
Population
8,994
Households
2
Avg Household Size
36
Median Age
21%
College-Educated
79%
High-School Grad
7.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$36,790
Median Household Income
$35,889
Median Earnings
$1,122
Median Rent
$235,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Tampa, FL
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Frequently Asked Questions
What type of property is this?
Office building - Three-story masonry building with secure key-card access, rear parking, and food and beverage ground-floor space.
Where is this office building located?
The property is located at 1919 E 6TH AV Tampa, FL.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Three‑story masonry commercial building in Historic Ybor City with secure key‑card access; Zoned YC‑7, supporting a broad range of commercial uses; Ground level built out for food and beverage; currently operated as a coffee shop (fixtures and equipment convey)
