Two-Story Office Building with
203 N Marion St Tampa, FL 33602
For Sale
Contact for pricing
Concrete block two-story walk-up with 11’+ ceiling heights, office space upstairs, and 3 Mega Watts+ power provision.
Property Size7,376 SF
Lot Size0.10 Acres
Price / SF$406.71
Days on Market136
Property Features for 203 N Marion St
General Information
Standard status
Active
Size
7,376 SF
Lot size
0.10 Acres
Property subtype
OFFICE
Listing Agency:
William D. Besselieu
(813) 263-5854
Listed By:
William D Besselieu
(813) 263-5854
Source:
Moodyscre
Added: Mar 17
Changed: Jul 27
Last Checked: Jul 29 at 2:05PM
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 concrete block, two-story walk-up office building offers 11’+ ceiling heights and windows/doors directly on Marion Street. The property is currently set up with an office layout upstairs that includes a conference room, bathrooms, and break rooms. City of Tampa provides water/sewer, and Tampa Electric provides power, noted at 3 Mega Watts+.
The site is located in the City of Tampa’s Central Business District area and benefits from proximity to public parking options, including nearby pay lots and garages. The remarks also note a bus stop directly outside the front door.
With CBD-1 zoning and matching land use described for retail/office/mixed use, the building’s existing configuration may fit businesses seeking a downtown presence with substantial power capacity.
The site is located in the City of Tampa’s Central Business District area and benefits from proximity to public parking options, including nearby pay lots and garages. The remarks also note a bus stop directly outside the front door.
With CBD-1 zoning and matching land use described for retail/office/mixed use, the building’s existing configuration may fit businesses seeking a downtown presence with substantial power capacity.
Key Highlights
- 7,748 SF concrete block, two‑story walk‑up building in the City of Tampa’s CBD‑1
- 4,177 SF +/- lot with 40’ frontage; windows/doors directly on Marion Street
- 3 Mega Watts+ power provision; first floor previously used as a 3 Mega Watt data center
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 | $177.0k | $24.00 |
| − Vacancy | −$43.4k | −$5.88 |
| EGI | $133.7k | $18.12 |
| − OpEx | −$33.4k | −$4.53 |
| NOI | $100.2k | $13.59 |
7,376 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.43M
$1.25M – $1.67M
NOI $100,240 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,288 @ 7.0% cap · market cap 4.01%
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 - Concrete block two-story walk-up with 11’+ ceiling heights, office space upstairs, and 3 Mega Watts+ power provision.
Where is this office building located?
The property is located at 203 N Marion St Tampa, FL.
What is the asking price?
The asking price for this property is $2,999,900.
What are key features of this property?
This property features: 7,748 SF concrete block, two‑story walk‑up building in the City of Tampa’s CBD‑1; 4,177 SF +/- lot with 40’ frontage; windows/doors directly on Marion Street; 3 Mega Watts+ power provision; first floor previously used as a 3 Mega Watt data center
