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City Blue Building 119 N 11th St

24,000 SF Office Building Tampa, FL 33602 $12,400,000 ($517/SF)

Investment Highlights

  • Part of the neighborhood with Water Street, The Cruise Ship Port, Tampa Aquarium, Sparkman's Wharf, The Amalie Arena and the Tampa riverwalk.
  • Five minute drive to Selmon Expressway and Interstate-275.
  • Possible owner financing with 50% down
  • Within walking distance to nearby restaurants including District Tavern, Bamboozle Channelside, The Pearl Tampa, Naked Farmer, BurgerFi and others.
  • Traffic volume of 5,108 at the cross street of N Meridian Avenue and E Washington Street N.

Executive Summary

119 N 11th St is an exceptional, totally unique, one-of-a kind mixed use investment opportunity – a distinctive 3-unit office/retail condo portfolio along with an exclusive penthouse condo situated in the highly sought-after Channel District of Tampa. Located directly in the core along with the prestigious Water Street Tampa development and Sparkman's Wharf, this property is positioned perfectly as part of the ongoing transformation of Tampa’s Channel District, not just into a dynamic Live-Work-Play community, but a prestigious destination for all. With the 2nd phase of Waterstreet ready to start and the new Ybor Harbor development in the plans, all in the same location, it is a perfect time to take advantage of this opportunity. Owner may consider financing with acceptable down payment for 5 years adding flexibility to the investment strategy. Can be purchased with or without the penthouse.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
24,000 SF
Building Class
A
Year Built
2003
Price
$12,400,000
Price Per SF
$517
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
6,000 SF
Slab To Slab
12’
Building FAR
1.72
Land Acres
0.32 AC
Zoning
CD-1 - Mixed Use
Parking
21 Spaces (0.88 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Signage
  • Central Heating
  • High Ceilings
  • Direct Elevator Exposure
  • Natural Light
  • Open-Plan

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 200
  • 6,000 SF
  • Office
  • Shell Space
  • Now

Keyed elevator brings you to your private lobby. Space is currently a shell waiting for build out. Concrete and steel structure with 12 ft floor to ceiling has potential of very loft style design. The CD-1 zoning does allow for multiple uses so build it out to fit your needs. 6 parking spaces come with this unit and there are 150 public spaces available for rent in the adjacent parking lot. TDI available. Possibility of up to $250,000 TI Credit available.

  • 3rd Fl-Ste 300 A
  • 3,500 SF
  • Office
  • Full Build-Out
  • Now

The City Blue Building 119 N 11th St., Tampa, FL 33602 Unit 300 A– Prime Office Space in Tampa Channel District Don’t miss out on the opportunity to grow your business in this prime location within the heart of the Tampa Channel District. Unit 300 A offers a spacious 3500 sq ft office space on the 3rd floor of a boutique building, featuring a grand lobby entrance with a keyed elevator providing direct access to the private 3rd floor lobby. This unit can even come furnished if you would like! 3 parking spaces on site plus 150 public spaces for rent in adjacent parking lot. Location Highlights: • Strategically positioned just 1.5 blocks away from the famous Water Street Tampa Development and Sparkman’s Wharf • Surrounded by the ongoing transformation of Tampa’s Channel District into a vibrant Live-Work-Play community. • Within walking distance major attractions such as The Cruise Ship Port, Tampa Aquarium, Amalie Arena, The Tampa Riverwalk and an array of diverse restaurants and entertainment venues. • Within a few blocks of the newly anticipated Ybor Harbor Development • Easy access to the Interstate and Tampa International Airport Tampa’s Growth Story: Tampa is experiencing remarkable populations and economic growth, attracting businesses like Toorak Capital and many others to relocate to the Tampa Channel District recognizing the area as an ideal location for their businesses to flourish. It has attracted investors like Bill Gates and Tama Bay Lightning Owner Jeff Vinik to create amazing developments such as Water Street with 5-star hotels and restaurants with such success that Bill Gates has committed to building more. Property Details: • Size: 3500 sq ft • 3 on-site parking spots, with an additional 150 spots available for rent in the adjacent parking garage. • Secured grand lobby (lobby doors automatically unlocked from 6am to 7pm) • Keyed elevator opens directly to your office lobby. • 12’ ceilings with decorative exposed ductwork • 15-minute loading zone directly in front of building • Corner location, maximizing visibility and foot traffic. • An additional 2500 sq ft adjacent office space can be made available if needed. • 2 ADA restrooms • Signage available Lease Terms: • Rate: $35 per sq ft Net • Net Lease includes all building expenses except individual electric meter for unit. • Minimum lease term: 5 years • 4% annual increase This is an exceptional opportunity to establish your business in a thriving and dynamic area of Tampa. Contact us today to schedule a viewing and secure your lease in this sought-after location!

  • 3rd Fl-Ste 300 B
  • 2,500 SF
  • Office
  • Full Build-Out
  • Now

The City Blue Building 119 N 11th St., Tampa, FL 33602 Unit 300 B– Prime Office Space in Tampa Channel District Don’t miss out on the opportunity to grow your business in this prime location within the heart of the Tampa Channel District. Unit 300 B offers a spacious 2500 sq ft office space on the 3rd floor of a boutique building, featuring a grand lobby entrance with a keyed elevator providing direct access to the private 3rd floor lobby. 3 Parking space on site plus 150 public spaces available for rent in adjacent parking garage.

Space Size Space Use Condition Available
2nd Fl-Ste 200 6,000 SF Office Shell Space Now
3rd Fl-Ste 300 A 3,500 SF Office Full Build-Out Now
3rd Fl-Ste 300 B 2,500 SF Office Full Build-Out Now

2nd Fl-Ste 200

Size
6,000 SF
Space Use
Office
Condition
Shell Space
Available
Now

3rd Fl-Ste 300 A

Size
3,500 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 300 B

Size
2,500 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 200

Size 6,000 SF
Space Use Office
Condition Shell Space
Available Now

Keyed elevator brings you to your private lobby. Space is currently a shell waiting for build out. Concrete and steel structure with 12 ft floor to ceiling has potential of very loft style design. The CD-1 zoning does allow for multiple uses so build it out to fit your needs. 6 parking spaces come with this unit and there are 150 public spaces available for rent in the adjacent parking lot. TDI available. Possibility of up to $250,000 TI Credit available.

3rd Fl-Ste 300 A

Size 3,500 SF
Space Use Office
Condition Full Build-Out
Available Now

The City Blue Building 119 N 11th St., Tampa, FL 33602 Unit 300 A– Prime Office Space in Tampa Channel District Don’t miss out on the opportunity to grow your business in this prime location within the heart of the Tampa Channel District. Unit 300 A offers a spacious 3500 sq ft office space on the 3rd floor of a boutique building, featuring a grand lobby entrance with a keyed elevator providing direct access to the private 3rd floor lobby. This unit can even come furnished if you would like! 3 parking spaces on site plus 150 public spaces for rent in adjacent parking lot. Location Highlights: • Strategically positioned just 1.5 blocks away from the famous Water Street Tampa Development and Sparkman’s Wharf • Surrounded by the ongoing transformation of Tampa’s Channel District into a vibrant Live-Work-Play community. • Within walking distance major attractions such as The Cruise Ship Port, Tampa Aquarium, Amalie Arena, The Tampa Riverwalk and an array of diverse restaurants and entertainment venues. • Within a few blocks of the newly anticipated Ybor Harbor Development • Easy access to the Interstate and Tampa International Airport Tampa’s Growth Story: Tampa is experiencing remarkable populations and economic growth, attracting businesses like Toorak Capital and many others to relocate to the Tampa Channel District recognizing the area as an ideal location for their businesses to flourish. It has attracted investors like Bill Gates and Tama Bay Lightning Owner Jeff Vinik to create amazing developments such as Water Street with 5-star hotels and restaurants with such success that Bill Gates has committed to building more. Property Details: • Size: 3500 sq ft • 3 on-site parking spots, with an additional 150 spots available for rent in the adjacent parking garage. • Secured grand lobby (lobby doors automatically unlocked from 6am to 7pm) • Keyed elevator opens directly to your office lobby. • 12’ ceilings with decorative exposed ductwork • 15-minute loading zone directly in front of building • Corner location, maximizing visibility and foot traffic. • An additional 2500 sq ft adjacent office space can be made available if needed. • 2 ADA restrooms • Signage available Lease Terms: • Rate: $35 per sq ft Net • Net Lease includes all building expenses except individual electric meter for unit. • Minimum lease term: 5 years • 4% annual increase This is an exceptional opportunity to establish your business in a thriving and dynamic area of Tampa. Contact us today to schedule a viewing and secure your lease in this sought-after location!

3rd Fl-Ste 300 B

Size 2,500 SF
Space Use Office
Condition Full Build-Out
Available Now

The City Blue Building 119 N 11th St., Tampa, FL 33602 Unit 300 B– Prime Office Space in Tampa Channel District Don’t miss out on the opportunity to grow your business in this prime location within the heart of the Tampa Channel District. Unit 300 B offers a spacious 2500 sq ft office space on the 3rd floor of a boutique building, featuring a grand lobby entrance with a keyed elevator providing direct access to the private 3rd floor lobby. 3 Parking space on site plus 150 public spaces available for rent in adjacent parking garage.

Walk Score ®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
19,724
99,722
230,267
2024 Population
21,706
110,697
246,643
Population Growth '20-'24
10.1%
11.0%
7.1%
2020 Households
9,931
43,893
96,131
2024 Households
11,039
48,697
103,163
Household Growth '20-'24
11.2%
10.9%
7.3%
Average Age
37
38
39
Median Household Income
$83,795
$64,049
$61,912
Daytime Employees
43,136
101,813
216,469
Total Businesses
4,102
12,091
26,106
College Degree + Higher
55%
41%
38%

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • A-19-29-19-89O-000000-00000.0
  • A-19-29-19-89O-000000-00001.0
  • A-19-29-19-89O-000000-00002.0
  • A-19-29-19-89O-000000-00003.0
Land Assessment
$300
Improvements Assessment
$3,401,127
Total Assessment
$3,401,427
  • Listing ID: 31378304

  • Date on Market: 4/1/2024

  • Last Updated:

  • Address: 119 N 11th St, Tampa, FL 33602

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