Landmark Property - 412 E Madison 412 E Madison St

In the heart of downtown Tampa, this iconic 12-story office building offers a rare investment opportunity for investors and developers. Built in 1966, the property spans 100,000 square feet and also includes an on-site parking garage with 350 covered spaces. Its premium location on a half-acre lot provides stunning 360° views of downtown Tampa, Water Street, and the Riverwalk, placing it within walking distance of all the city has to offer.
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 come available, particularly in the Downtown Tampa Central Business District. This landmark property has remained under family ownership since it was originally built in 1966.