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The Madison Building 412 E Madison St 100,000 SF 75% Leased Office Building Tampa, FL 33602 For Sale



INVESTMENT HIGHLIGHTS
- 412 E Madison Street presents The Madison Building, a freestanding office renowned as one of Tampa's landmark buildings.
- The glass-facade office building has ground floor retail space, office space on floors 8-12, and 350 parking spaces in the attached garage.
- Located in Downtown Tampa, this landmark building has never been brought to the market before, a once-in-a-lifetime acquisition.
- This opportunity presents plenty of investor upside potential or redevelopment opportunity.
EXECUTIVE SUMMARY
The property is adjacent to the historic Sacred Heart Catholic Church, blending Tampa’s rich history and charm with modern potential. As downtown Tampa continues its revitalization, this building presents an ideal opportunity for buy-and-hold strategies or transformative redevelopment. Whether you're seeking immediate cash flow or long-term growth, this property is uniquely positioned to capitalize on Tampa's booming market.
With active ground-floor retail, an impressive occupancy rate offering a variety of suite sizes and configurations, and a parking garage adding significant property income, this asset generates steady income while offering significant value-add opportunities throughout. From modernizing interiors to unlocking additional revenue streams to redeveloping from the ground up, this property provides endless potential for investors looking to maximize returns.
Opportunities such as this rarely become available, particularly in the Downtown Tampa Central Business District. This landmark property has remained under family ownership since it was originally built in 1966.
PROPERTY FACTS
AMENITIES
- Property Manager on Site
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Ace Hosts
- Professional, Scientific, and Technical Services
- -
- $22.33 CAD
- Modified Gross
- Jun 2021
- Law Office of Loren Rhoton, P.A.
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
Mills Reporting Group Inc. has been in business and serving the entire state of Florida since 1994. Owner Lynda Mills has more than 45 years of personal experience in the court reporting industry. Her staff has more than a century of combined experience. We specialize in the following: Depositions Hearings Court Reporting Arbitrations
Since 1991, our team at Rosenkranz Law Firm has tailored legal solutions to the specific needs of our older clients and families by proving them with a comprehensive range of legal services. We practiced elder law before elder law was a generally recognized legal field, and our experience has taught us to be especially sensitive to the problems resulting from a complex and confusing healthcare system. Our experience has also taught us to recognize delicate client situations. We have an extensive understanding of not only the unique legal needs of elderly citizens, but of the requirement for the utmost compassion and discretion while providing advice and guidance.
Tampa began to boom with the arrival of Henry Plant’s railroad in 1884 and his Tampa Bay Hotel (now the cornerstone of the University of Tampa) in 1891. In 1897, pastor Fr. William Tyrrell, S.J. announced that a new church would be built. Ground was broken for our present church on February 16, 1898. The beautiful new structure was dedicated on January 15, 1905, and its name and that of the parish became Sacred Heart. The Jesuits built the church – at a cost of $300,000 – and named it Sacred Heart. Today, the building looks strikingly similar to the original. The Romanesque architecture remains. The exterior is a combination of granite and white marble. Inside, most of the design is just as it was a century ago.
Suites@Madison is downtown Tampa’s short term office space and hourly meeting rooms solution. Whether you need on-demand access to a work space, an affordable private office or your own or just conference room space, Suites@Madison is here to help. Their office space and meeting rooms are tailored to fit the needs of traditional businesses and professions. You won’t find bean-bags and beer taps like other creative co-working and collaborative work space concepts. Greet clients and associates in an inviting, professional atmosphere. Their well-lit space is accented with contemporary designs from a local artist. The common area features a warm reception space and access to coffee and refreshments, for added comfort. Suites@Madison aims to serve as more than just office space rental. They are a community of professionals, providing a collaborative hub to grow and expand your business or network.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Ace Hosts | Professional, Scientific, and Technical Services | - | $22.33 CAD | Modified Gross | Jun 2021 | |
| Law Office of Loren Rhoton, P.A. | Professional, Scientific, and Technical Services | - | - | - | - | |
|
Professional, Scientific, and Technical Services | - | - | - | - | |
|
Professional, Scientific, and Technical Services | - | - | - | - | |
|
Services | - | $22.33 CAD | Full Service | Dec 2013 | |
|
Real Estate | - | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Rare ground floor corner suite In the heart of downtown Tampa Corner suite
- 8th Fl-Ste 807
- 421 SF
- Office
- -
- Now
- 8th Fl-Ste 821
- 1,246 SF
- Office
- -
- Now
This unit can be used as a data center. It comes with a diesel generator, and independent air conditioning.
- 9th Fl-Ste 906
- 1,648 SF
- Office
- Full Build-Out
- Now
- 9th Fl-Ste 917
- 1,945 SF
- Office
- Full Build-Out
- Now
- 11th Fl-Ste 1110
- 2,885 SF
- Office
- Full Build-Out
- Now
- 11th Fl-Ste 1112
- 923 SF
- Office
- -
- Now
- 11th Fl-Ste 1122
- 1,847 SF
- Office
- -
- Now
- 12th Fl-Ste 1203
- 1,430 SF
- Office
- -
- Now
- 12th Fl - 1218
- 4,714 SF
- Industrial
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,207 SF | Office | Full Build-Out | Now |
| 8th Fl-Ste 807 | 421 SF | Office | - | Now |
| 8th Fl-Ste 821 | 1,246 SF | Office | - | Now |
| 9th Fl-Ste 901 | 4,582 SF | Office | Full Build-Out | Now |
| 9th Fl-Ste 906 | 1,648 SF | Office | Full Build-Out | Now |
| 9th Fl-Ste 917 | 1,945 SF | Office | Full Build-Out | Now |
| 11th Fl-Ste 1110 | 2,885 SF | Office | Full Build-Out | Now |
| 11th Fl-Ste 1112 | 923 SF | Office | - | Now |
| 11th Fl-Ste 1122 | 1,847 SF | Office | - | Now |
| 12th Fl-Ste 1203 | 1,430 SF | Office | - | Now |
| 12th Fl - 1218 | 4,714 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 3,207 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
8th Fl-Ste 807
| Size |
| 421 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
8th Fl-Ste 821
| Size |
| 1,246 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
9th Fl-Ste 901
| Size |
| 4,582 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
9th Fl-Ste 906
| Size |
| 1,648 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
9th Fl-Ste 917
| Size |
| 1,945 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
11th Fl-Ste 1110
| Size |
| 2,885 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
11th Fl-Ste 1112
| Size |
| 923 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
11th Fl-Ste 1122
| Size |
| 1,847 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
12th Fl-Ste 1203
| Size |
| 1,430 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
12th Fl - 1218
| Size |
| 4,714 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 3,207 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Rare ground floor corner suite In the heart of downtown Tampa Corner suite
9th Fl-Ste 901
| Size | 4,582 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This unit can be used as a data center. It comes with a diesel generator, and independent air conditioning.
PROPERTY TAXES
| Parcel Number | A-24-29-18-4ZI-000056-00001.0 | Improvements Assessment | $9,647,852 CAD |
| Land Assessment | $3,875,842 CAD | Total Assessment | $13,523,694 CAD |
PROPERTY TAXES
Presented by
The Madison Building | 412 E Madison St
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