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515 Newport Ave

Tampa, FL
Floors
1
Total Size
4,820 sqft
Zoning
IG - INDUSTRIAL GENERAL
Year Constructed
1954
Year Renovated
2014
Building Class

About 515 Newport Ave

This 4820 square foot creative loft is truly a one of a kind property. Zoned Industrial General, this parcel is capable of accommodating a wide variety of potential users from specialty / high end automotive, and specialty home improvement to fitness studios and professional office space. Completely renovated in early 2014, the building has been refaced inside and out with all new insulated roof, windows, lighting, paint, resurfaced parking lot, air conditioning, bathrooms and much more. Currently, the building has an 870 sf office space though the entire space can be air conditioned to offer a wide open, creative work space. There is a restroom in the office area and one in the warehouse. The lot is 12,888 square feet and offers 17 fenced parking spaces and room for an additional 12 cars along the front of the building. There are 4 roll up doors in the main warehouse (2 @ 15w x 10h)+(10 x 10)+(6 x 7) which can be replaced with commercial storefront glass to give the right user a enormous and productive “light and bright” work space. 17 fenced parking spaces + 12 outside Located just 3 blocks west of the University of Tampa, just North of Cypress St, and only 3 blocks south of busy Kennedy Blvd, this location is ideal for those serving the Downtown and South Tampa market.

Internet Providers for 515 Newport Ave

Provider Technology Max Download Speed Max Upload Speed
Verizon Online Fiber
1 Gb/s
25 Mb/s
MegaPath DSL
10 Mb/s
1.5 Mb/s

The City: Tampa

On average, listings lease in the $30's per square foot per year. The Tampa region is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.

Compared to the rest of the Tampa Bay market, the Tampa region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Median Rate Median Size
Tampa $34
/sqft/yr
3,000
sqft
Median Rate Median Size
Tampa Bay $24
/sqft/yr
2,660
sqft

Median Rate over Time in Tampa